Transfer of Title and Delivery. (a) At Closing, Seller shall transfer the Assets to Buyer by a ▇▇▇▇ of Sale substantially in the form set forth in Exhibit B attached hereto and made a part hereof (the "▇▇▇▇ of Sale"). (b) Upon execution and delivery of the ▇▇▇▇ of Sale by Seller and Buyer, and Seller’s receipt of the Purchase Price and Tax Estimate at Closing, (i) Buyer shall be the sole owner of the Assets and shall assume all of the rights and duties of ownership in connection therewith including, without limitation, operation, maintenance and risk of loss, and (ii) the Assets shall be delivered in-situ at the Location. Without limiting the foregoing, Buyer shall be solely responsible for, and agrees to pay, all personal property taxes with respect to the Assets which accrue after the Closing Date.
Appears in 8 contracts
Sources: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement, Asset Purchase Agreement
Transfer of Title and Delivery. (a) At Closing, Seller shall transfer the Assets to Buyer by a ▇▇▇▇ Bill of Sale substantially in the form set forth in Exhibit B attached hereto and made a part hereof (the "▇▇▇▇ Bill of Sale").
(b) Upon execution and delivery of the ▇▇▇▇ Bill of Sale by Seller and Buyer, and Seller’s receipt of the Purchase Price and Tax Estimate at Closing, (i) Buyer shall be the sole owner of the Assets and shall assume all of the rights and duties of ownership in connection therewith including, without limitation, operation, maintenance and risk of loss, and (ii) the Assets shall be delivered in-situ at the Location. Without limiting the foregoing, Buyer shall be solely responsible for, and agrees to pay, all personal property taxes with respect to the Assets which accrue after the Closing Date.
Appears in 3 contracts
Sources: Construction Services Agreement, Asset Purchase and Sale Agreement, Asset Purchase Agreement
Transfer of Title and Delivery. (a) At Closing, Seller shall transfer the Assets to Buyer by a ▇▇▇▇ Bill of Sale substantially in the form set forth in Exhibit B attached hereto and made a part hereof (the "▇▇▇▇ Bill of Sale").
(b) Upon execution and delivery of the ▇▇▇▇ Bill of Sale by Seller and Buyer, and Seller▇▇▇▇▇▇’s receipt of the Purchase Price and Tax Estimate at Closing, (i) Buyer shall be the sole owner of the Assets and shall assume effective at Closing all of the rights and duties of ownership in connection therewith including, without limitation, operation, maintenance and risk of loss, and (ii) the Assets shall be delivered in-in situ at the Location. Without limiting the foregoing, Buyer shall be solely responsible for, and agrees to pay, all personal property taxes with respect to the Assets which accrue after the Closing Date.
Appears in 1 contract
Sources: Asset Purchase Agreement