Sale of Personalty Clause Samples
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Sale of Personalty. For good and valuable consideration, Seller hereby sells, transfers, sets over and conveys to Purchaser all intangible property (“Intangible Property”) owned or held by Seller in connection with the Real Property or the use, development and operation thereof, including, without limitation, all geological or engineering studies, soil reports, site plans, grading plans and the like. Agreement Applies. The covenants, agreements, representations, warranties, indemnities and limitations provided in the Agreement with respect to the property conveyed hereunder (including, without limitation, the limitations of liability provided in the Agreement), are hereby incorporated herein by this reference as if herein set out in full and shall inure to the benefit of and shall be binding upon Purchaser and Seller and their respective successors and assigns.
Sale of Personalty. For good and valuable consideration, Seller hereby sells, transfers, sets over and conveys to Buyer the following (the “Intangible Personal Property”): Subject to Section 1(b) of the Agreement, all the right, title and interest of Seller in and to any and all of the intangible personal property related to the Real Property, including, without limitation: development rights, development capacities and fee credits; water and water rights, ▇▇▇▇▇, well rights and well permits, water and sewer taps, sanitary or storm sewer capacity or reservations and rights under utility agreements with any applicable governmental or quasi-governmental entities or agencies with respect to the providing of utility services, governmental permits, approvals and licenses (to the extent assignable); and all records relating to the Property. In connection with the assignment of any Intangible Personal Property, Buyer shall not be responsible for any obligations thereunder except as expressly assume by Buyer pursuant to this Assignment.
Sale of Personalty. For good and valuable consideration, Seller hereby sells, transfers, sets over and conveys to Buyer the following (the “Personal Property”):
Sale of Personalty. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, transfers, sets over and conveys to Assignee the following:
Sale of Personalty. For good and valuable consideration, Seller hereby quitclaims to Purchaser all of Seller’s right, title and interest, if any, in and to the following, without representation or warranty as to title or otherwise and in other “AS IS,” “WHERE IS” and “WITH ALL FAULTS” condition except as provided in Paragraph 3 below:
Sale of Personalty. For good and valuable consideration, Grantor hereby sells, assigns, transfers, sets over and conveys to Grantee the following:
Sale of Personalty. For good and valuable consideration, Seller hereby sells, transfers, sets over and conveys to Buyer the Intangible Personal Property (as defined in the PSA).
Sale of Personalty. Exclusive possession of the Demised Premises ------------------ (subject to the Primary Lease) shall be delivered to Subtenant on the Effective Date in broom clean condition, with the items within the Demised Premises described in Exhibit C hereto (the "Personalty") left in place. Various items of the Personalty are or were formerly leased or financed equipment. Subtenant agrees to pay to Sublessor within seven (7) days after the Effective Date the sum of $400,000 as an aggregate purchase price for the Personalty, whereupon Sublessor shall promptly cancel or buy out all such leases and security agreements to the extent they cover the Personalty and Sublessor shall deliver to Subtenant a bill of sale (in the form of Exhibit D hereto) transferring ownershi▇ ▇▇ the Personalty to Subtenant in its "AS-IS, WHERE IS" condition, with warranty of title and free and clear of all liens and encumbrances. Notwithstanding the foregoing, and without additional consideration, Sublessor may retain as its own property and remove from the Demised Premises within seven (7) days after the Effective Date any or all items of personal property located on the Demised Premises which are not listed on Exhibit C. Any and all property not so removed by Sublessor shall belong to Subtenant, who may use or dispose of same as Subtenant sees fit and at its sole expense.
Sale of Personalty. For good and valuable consideration, Contributor ------------------ hereby sells, assigns, transfers, sets over and conveys to Partnership the following:
Sale of Personalty. Each of OwnerCo and LeaseCo hereby sells, transfers, sets over and conveys to Buyer, and Buyer hereby assumes, the following (the “Personal Property”):
(a) all of OwnerCo’s and LeaseCo’s respective right, title and interest, if any, in and to all personal property and furniture, fixtures, equipment, tools, supplies and other personal property owned by it and located in or on the Land and Improvements;
(b) all books and records relating to the Land and Improvements; and
(c) the plans and specifications, engineering drawings and prints with respect to the Improvements, all operating manuals, and all books, data and records regarding the physical components systems of the Improvements, each to the extent in OwnerCo’s or LeaseCo’s possession (or reasonably obtainable by it); provided, however, in each case, that Personal Property shall expressly exclude OwnerCo’s and LeaseCo’s right, title and interest in and to any Excluded Assets.