Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall pass to Purchaser upon the Closing.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Novoste Corp /Fl/), Asset Purchase Agreement (Novoste Corp /Fl/)
Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Purchased Assets shall not pass to Purchaser upon until the ClosingClosing occurs.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Sunrise Senior Living Inc), Facilities Purchase and Sale Agreement (Sunrise Senior Living Inc)
Passage of Title and Risk of Loss. Legal and title, equitable title to, and risk of loss with respect to, to the Acquired Assets and rights to be transferred hereunder shall not pass to Purchaser upon until the ClosingClosing hereunder.
Appears in 1 contract
Sources: Asset Purchase Agreement (CurAegis Technologies, Inc.)
Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall pass to Purchaser upon the Closing. As of the Closing, Seller shall have no further obligation to insure the Acquired Assets.
Appears in 1 contract
Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall not pass to Purchaser upon until the ClosingClosing occurs.
Appears in 1 contract
Sources: Asset Purchase Agreement (Kv Pharmaceutical Co /De/)