Further Conveyances and Assumptions. (a) From time to time following the Closing, Sellers shall, or shall cause their Affiliates to, make available to Purchaser on a timely basis such data in personnel records of Employees as is reasonably necessary for Purchaser to transition such employees into Purchaser’s records to the extent not prohibited by applicable Law. (b) From time to time following the Closing, Sellers and Purchaser shall, and shall cause their respective Affiliates to, on a timely basis, execute, acknowledge and deliver all such further conveyances, notices, assumptions, releases and such other instruments, and shall, on a timely basis, take such further actions, as may be reasonably necessary or appropriate to assure fully to Purchaser and its respective successors or assigns, all of the properties, rights, titles, interests, estates, remedies, powers and privileges intended to be conveyed to Purchaser under this Agreement and the Seller Documents and to assure fully to Sellers and their Affiliates and their successors and assigns, the assumption of the liabilities and obligations intended to be assumed by Purchaser under this Agreement and such other agreements contemplated hereby, and to otherwise make effective the transactions contemplated hereby and thereby.
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Sources: Asset Purchase Agreement (New Century Energy Corp.), Asset Purchase Agreement (New Century Energy Corp.)
Further Conveyances and Assumptions. (a) From time to time following the Closing, Sellers shallto the extent not transferred to Purchaser and to the extent permitted under applicable Law, or the Company shall and shall cause their its Affiliates to, make available to Purchaser on a timely basis such data in personnel records of Transferred Employees as is reasonably necessary for Purchaser to effect the transition of such employees Employees into Purchaser’s records to the extent not prohibited by applicable Lawrecords.
(b) From time to time following the Closing, Sellers the Company and Purchaser shall, and shall cause their respective Affiliates to, on a timely basis, execute, acknowledge and deliver all such further conveyances, assignments, consents, notices, assumptions, releases and acquittances and such other instruments, and shall, on a timely basis, shall take such further actions, as may be reasonably necessary or appropriate to assure fully to Purchaser and its respective successors or assigns, the transfer of all of the properties, rights, titles, interests, estates, remedies, powers and privileges intended to be conveyed to Purchaser under this Agreement and the Seller Company Documents and to assure fully to Sellers the Company and their its Affiliates and their successors and assigns, the assumption of the liabilities and obligations intended to be assumed by Purchaser under this Agreement and such other agreements contemplated herebythe Company Documents, and to otherwise make effective the transactions contemplated hereby and thereby.
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Further Conveyances and Assumptions. (a) From time to time following the Closing, Sellers Seller shall, or shall cause their Affiliates its Subsidiaries to, make available to Purchaser on a timely basis such non-confidential data in personnel records of Transferred Employees as is reasonably necessary for Purchaser to transition such employees into Purchaser’s records to the extent not prohibited by applicable Lawrecords.
(b) From time to time following the Closing, Sellers Seller and Purchaser shall, and shall cause their respective Affiliates Subsidiaries to, on a timely basis, execute, acknowledge and deliver all such further conveyances, notices, assumptions, releases and acquaintances and such other instruments, and shall, on a timely basis, shall take such further actions, as may be reasonably necessary or appropriate to assure fully to Purchaser and its respective successors or assigns, all of the properties, rights, titles, interests, estates, remedies, powers and privileges intended to be conveyed to Purchaser under this Agreement and the Seller Documents and to assure fully to Sellers Seller and their Affiliates its Subsidiaries and their successors and assigns, the assumption of the liabilities and obligations intended to be assumed by Purchaser under this Agreement and such other agreements contemplated herebythe Seller Documents, and to otherwise make effective the transactions contemplated hereby and thereby.
Appears in 1 contract
Sources: Asset Purchase Agreement (Teraforce Technology Corp)