Common use of Conveyancing and Assumption Instruments Clause in Contracts

Conveyancing and Assumption Instruments. In connection with the Preliminary Transfers described in Article II and Article III hereof, and the assignment of assets and the assumption of Liabilities contemplated by any Related Agreements, the parties shall execute, or cause to be executed by the appropriate entities, the Conveyancing and Assumption Instruments in such forms as the parties shall reasonably agree. The transfer of capital stock shall be effected by means of delivery of stock certificates and executed stock powers and notation on the stock record books of the corporation or other legal entities involved and, to the extent required by applicable law, by notation on public registries.

Conveyancing and Assumption Instruments. In connection with the Preliminary Transfers described in Article II and Article III hereof, transfers of Assets other than capital stock and the assignment of assets and the assumption assumptions of Liabilities contemplated by any Related Agreementsthis Agreement, the parties shall execute, execute or cause to be executed by the appropriate entities, entities the Conveyancing and Assumption Instruments in such forms as the parties shall reasonably agree, including the transfer of real property with special warranty or equivalent deeds. The transfer of capital stock shall be effected by means of delivery of stock certificates and executed stock powers and notation on in the stock record books of the corporation or other legal entities involved and, to the extent required by applicable law, by notation on public registries.

Conveyancing and Assumption Instruments. In connection --------------------------------------- with the Preliminary Transfers described in Article II and Article III hereof, transfers of assets (other than capital stock) and the assignment of assets and the assumption assumptions of Liabilities contemplated by any Related Agreementsthis Agreement, and except as otherwise provided in the Plan of Reorganization, the parties shall execute, execute or cause to be executed by the appropriate entities, entities the Conveyancing and Assumption Instruments in such forms as the parties shall reasonably agree. The transfer of capital stock shall be effected by means of delivery of stock certificates and executed stock powers and notation on the stock record books of the corporation or other legal entities involved and, to the extent required by applicable law, by notation on public registries.