Purchased Asset Schedule Clause Samples
The Purchased Asset Schedule is a clause that lists and details the specific assets being acquired in a transaction. It typically includes descriptions, serial numbers, quantities, or other identifying information to clearly distinguish each asset included in the sale. By providing a comprehensive and itemized record, this clause ensures both parties have a mutual understanding of what is being transferred, thereby reducing the risk of disputes or misunderstandings regarding the scope of the purchase.
Purchased Asset Schedule. The information pertaining to each Purchased Asset which is set forth in the Purchased Asset Schedule is true and correct in all material respects as of the Purchased Date and contains all information required by the Repurchase Agreement to be contained therein.
Purchased Asset Schedule. To Seller’s Knowledge, the information pertaining to each Mortgage Loan which is set forth in the Purchased Asset Schedule is true and correct in all material respects as of the Purchase Date.