Other Assets Purchased Sample Clauses
The "Other Assets Purchased" clause defines the inclusion of additional assets in a transaction beyond those specifically listed elsewhere in the agreement. This clause typically outlines the types of assets that are being acquired, such as inventory, intellectual property, or equipment, and may specify any exceptions or limitations. Its core practical function is to ensure that all relevant assets intended to be transferred are clearly identified, thereby preventing disputes or misunderstandings about what is included in the sale.
Other Assets Purchased. Upon receipt of Instructions and except as otherwise provided herein, the Custodian shall pay for and receive other Assets for the account of a Fund as provided in Instructions.
Other Assets Purchased. Pacific shall reimburse G&R for any and all expenses (approximately $9,000) incurred in purchasing or remodeling of furniture placed in the Center by G&R or previously ordered for delivery to the Center (the "Furniture") and thereby acquire the Furniture from G&R. Pacific shall reimburse G&R for all of its costs incurred in preparing and producing various marketing material and advertising programs, including a Web site "WWW. Nearsighted. Com" (for $3,000) and the telephone number "1-80▇-▇▇▇-▇▇▇▇" (▇or $5,000) and thereby acquire G&R's rights to these assets. Pacific shall make such reimbursement to G&R for the Furniture and the marketing assets upon the later of the execution of this agreement or two days after verifiable invoices of such expenses are provided to Pacific by G&R.
Other Assets Purchased. At the request of RKLE, Pacific shall reimburse RKLE for all of the costs of preparing certain legal documents relating to a contemplated relationship between RKLE and a group of optometrists (the "Documents") presently estimated not to exceed $20,000 and thereby acquire the Documents from RKLE; provided, however, that all copies of such documents and all legal research previously delivered to RKLE and the optometrists are delivered to Pacific. Pacific shall also pay to RKLE the sum of $8,000 and RKLE shall grant to Pacific the right to make modifications to the infomercial licensed to RKLE by Paul ▇▇▇▇▇▇▇ ▇▇▇ductions (the "Infomercial") and broadcast the new Pacific infomercial in the licensed territory. Pacific shall make such reimbursement to RKLE for the Documents and the payment for the Infomercial modification rights upon the later of the execution of this agreement or two days after verifiable invoices of expenses are provided to Pacific by RKLE.
Other Assets Purchased. Upon receipt of instructions and except as otherwise provided herein. the Custodian shall pay for and receive other Asses for the account of s Fund as provided in Instructions.