Arkansas Transfer Agreement between Savvis Communications Corp. and Bridge Information Systems, Inc. regarding the transfer of certain assets and liabilities

• Category: Corporations - Public - Agreements - Transfers
• State: Multi-State
• Control #: US-EG-9489
• Format: Word; Rich Text

Description

Local Asset Transfer Agreement between Savvis Communications Corporation and Bridge Information Systems, Inc. regarding the transfer of certain assets, liabilities, rights and obligations dated 00/00. 6 pages. The Arkansas Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc. is a legally binding document that outlines the transfer of specific assets and liabilities from one party to another. This agreement is highly relevant for businesses and individuals seeking information on transferring assets and liabilities between these two companies. The agreement is specifically designed to address the transfer of certain assets and liabilities from Savvies Communications Corp. to Bridge Information Systems, Inc. In this context, it is important to note that there may be various types or versions of the Arkansas Transfer Agreement, depending on the specific assets and liabilities being transferred. However, it is necessary to refer to the specific agreement in question to provide a detailed description. Key aspects covered by the Arkansas Transfer Agreement may include: 1. Assets and Liabilities: The agreement outlines the specific assets and liabilities being transferred, such as equipment, software, intellectual property rights, contracts, customer accounts, debts, obligations, and legal responsibilities. Each asset and liability should be clearly defined and enumerated to ensure a smooth transition. 2. Consideration and Purchase Price: The agreement may specify the terms of payment for the transferred assets and liabilities. This could include a lump-sum payment, installment payments, or the assumption of specific debts or obligations by the receiving party. 3. Representations and Warranties: Both parties may provide assurances regarding the accuracy of information provided, legality of transferred assets, and absence of undisclosed liabilities or encumbrances. These representations and warranties protect each party's interests and ensure transparency during the transfer process. 4. Effective Date and Closing: The agreement establishes the effective date of the transfer and the conditions that must be met for the agreement to be finalized, such as regulatory approvals or consent from third parties. The closing date signifies the completion of the transfer, at which point ownership and responsibility for the assets and liabilities are transferred. 5. Indemnification and Hold Harmless: Provisions may be included to address indemnification for any potential claims or losses arising from the transferred assets or liabilities. These provisions protect each party from incurring unforeseen expenses or legal liabilities post-transfer. 6. Governing Law and Jurisdiction: The agreement specifies the governing law under which the transfer is conducted, ensuring dispute resolution and compliance with state regulations. It also determines the jurisdiction where any legal proceedings related to the agreement would take place. When searching for specific types of Arkansas Transfer Agreements between Savvies Communications Corp. and Bridge Information Systems, Inc., additional keywords or variations can be added, such as "technology assets transfer agreement," "data center assets and liabilities transfer agreement," or "telecommunications infrastructure transfer agreement." These variations help to narrow down the search for more specific types of transfers within the overall framework of the agreement.

The Arkansas Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc. is a legally binding document that outlines the transfer of specific assets and liabilities from one party to another. This agreement is highly relevant for businesses and individuals seeking information on transferring assets and liabilities between these two companies. The agreement is specifically designed to address the transfer of certain assets and liabilities from Savvies Communications Corp. to Bridge Information Systems, Inc. In this context, it is important to note that there may be various types or versions of the Arkansas Transfer Agreement, depending on the specific assets and liabilities being transferred. However, it is necessary to refer to the specific agreement in question to provide a detailed description. Key aspects covered by the Arkansas Transfer Agreement may include: 1. Assets and Liabilities: The agreement outlines the specific assets and liabilities being transferred, such as equipment, software, intellectual property rights, contracts, customer accounts, debts, obligations, and legal responsibilities. Each asset and liability should be clearly defined and enumerated to ensure a smooth transition. 2. Consideration and Purchase Price: The agreement may specify the terms of payment for the transferred assets and liabilities. This could include a lump-sum payment, installment payments, or the assumption of specific debts or obligations by the receiving party. 3. Representations and Warranties: Both parties may provide assurances regarding the accuracy of information provided, legality of transferred assets, and absence of undisclosed liabilities or encumbrances. These representations and warranties protect each party's interests and ensure transparency during the transfer process. 4. Effective Date and Closing: The agreement establishes the effective date of the transfer and the conditions that must be met for the agreement to be finalized, such as regulatory approvals or consent from third parties. The closing date signifies the completion of the transfer, at which point ownership and responsibility for the assets and liabilities are transferred. 5. Indemnification and Hold Harmless: Provisions may be included to address indemnification for any potential claims or losses arising from the transferred assets or liabilities. These provisions protect each party from incurring unforeseen expenses or legal liabilities post-transfer. 6. Governing Law and Jurisdiction: The agreement specifies the governing law under which the transfer is conducted, ensuring dispute resolution and compliance with state regulations. It also determines the jurisdiction where any legal proceedings related to the agreement would take place. When searching for specific types of Arkansas Transfer Agreements between Savvies Communications Corp. and Bridge Information Systems, Inc., additional keywords or variations can be added, such as "technology assets transfer agreement," "data center assets and liabilities transfer agreement," or "telecommunications infrastructure transfer agreement." These variations help to narrow down the search for more specific types of transfers within the overall framework of the agreement.