Common use of Purchase of Personal Property Clause in Contracts

Purchase of Personal Property. Effective upon the Assignment Date and following the receipt of Landlord's consent hereto, Assignee agrees to purchas▇ ▇▇▇ ▇▇signor agrees to sell the Assignor's Personal Property. Assignee agrees to pay Assignor the sum of Nine Thousand Seven Hundred Seventy-One and 14/100 Dollars ($9,771.14) ("Personal Property Purchase Price") for the Assignor's Personal Property, which shall be payable upon the delivery of a Bill of Sale executed by Assignor, in the form of Exhibit B attached hereto and incorporated herein ("Bill of Sale"), conveying title to Assignee; provided, however, that if the network cabling is not category 5, then the Personal Property Purchase Price shall be reduced to Two Thousand Two Hundred Ninety-Six and 63/100 Dollars. No commission shall be paid to any Broker or third party on account of the Personal Property Purchase Price.

Purchase of Personal Property. Effective upon the Assignment Date and following the receipt of Landlord's consent hereto, Assignee agrees to purchas▇ ▇▇▇ ▇▇signor purchase and Assignor agrees to sell the Assignor's Personal Property. Assignee agrees to pay Assignor the sum of Nine Thousand Seven Hundred Seventy-One and 14/100 Dollars ($9,771.14) ("Personal Property Purchase Price") for the Assignor's Personal Property, which shall be payable upon the delivery of a Bill of Sale executed by Assignor, in the ▇▇▇ form of Exhibit B attached hereto and incorporated herein ("Bill of Sale"), conveying title to AssigneeAs▇▇▇▇ee; provided, however, that if the network cabling is not category 5, then the Personal Property Purchase Price shall be reduced to Two Thousand Two Hundred Ninety-Six and 63/100 Dollars. No commission shall be paid to any Broker or third party on account of the Personal Property Purchase Price.