Call Asset Transfer Agreement between Savvis Communications Corporation and Bridge Information Systems, Inc. regarding the transfer of call assets and the liabilities, rights and obligation dated 00/00. 7 pages.
The Oregon Call Asset Transfer Agreement is a legally binding document used for the transfer of assets between parties involved in a call center business in the state of Oregon. This agreement outlines the terms and conditions under which the assets of the call center will be transferred from one party to another, ensuring a smooth and seamless transition. Key terms and provisions commonly found in the Oregon Call Asset Transfer Agreement include: 1. Parties Involved: The agreement identifies the parties involved in the asset transfer, including the transferring party (current call center owner) and the receiving party (new call center owner). 2. Asset Description: A detailed description of the assets being transferred is provided, which may include tangible assets such as equipment, software, databases, customer lists, and intellectual property rights related to the call center operation. 3. Purchase Price: The agreement specifies the purchase price or consideration for the asset transfer, which can be a fixed amount or may be determined based on an agreed-upon valuation method. 4. Representations and Warranties: Both parties typically make certain representations and warranties concerning their legal right to transfer or acquire the assets and the absence of any undisclosed liabilities or encumbrances. 5. Conditions Precedent: The agreement may include conditions that must be met before the transfer can take place, such as obtaining necessary approvals or clearances from regulatory authorities. 6. Confidentiality: To protect sensitive information, the agreement may include provisions related to the confidentiality of trade secrets, customer data, and other proprietary information. 7. Indemnification: The parties may agree on indemnification provisions to allocate potential liabilities arising from the transfer of assets, such as undisclosed liabilities or breaches of representation and warranties. Types of Oregon Call Asset Transfer Agreements: 1. Partial Asset Transfer Agreement: This type of agreement involves the transfer of only specific assets, such as equipment or software, rather than the entire call center operation. 2. Complete Asset Transfer Agreement: In this case, the entire call center business, including all its assets like equipment, software, databases, customer lists, and intellectual property rights, is transferred from the current owner to a new owner. 3. Merger and Acquisition Agreement: Sometimes, call center businesses may opt for a merger or acquisition, where one call center acquires another. In such cases, an Asset Transfer Agreement can be part of a larger agreement governing the entire merger or acquisition process. In summary, the Oregon Call Asset Transfer Agreement provides a detailed framework for the transfer of call center assets, protecting the rights and interests of the transferring and receiving parties involved in the transaction.
The Oregon Call Asset Transfer Agreement is a legally binding document used for the transfer of assets between parties involved in a call center business in the state of Oregon. This agreement outlines the terms and conditions under which the assets of the call center will be transferred from one party to another, ensuring a smooth and seamless transition. Key terms and provisions commonly found in the Oregon Call Asset Transfer Agreement include: 1. Parties Involved: The agreement identifies the parties involved in the asset transfer, including the transferring party (current call center owner) and the receiving party (new call center owner). 2. Asset Description: A detailed description of the assets being transferred is provided, which may include tangible assets such as equipment, software, databases, customer lists, and intellectual property rights related to the call center operation. 3. Purchase Price: The agreement specifies the purchase price or consideration for the asset transfer, which can be a fixed amount or may be determined based on an agreed-upon valuation method. 4. Representations and Warranties: Both parties typically make certain representations and warranties concerning their legal right to transfer or acquire the assets and the absence of any undisclosed liabilities or encumbrances. 5. Conditions Precedent: The agreement may include conditions that must be met before the transfer can take place, such as obtaining necessary approvals or clearances from regulatory authorities. 6. Confidentiality: To protect sensitive information, the agreement may include provisions related to the confidentiality of trade secrets, customer data, and other proprietary information. 7. Indemnification: The parties may agree on indemnification provisions to allocate potential liabilities arising from the transfer of assets, such as undisclosed liabilities or breaches of representation and warranties. Types of Oregon Call Asset Transfer Agreements: 1. Partial Asset Transfer Agreement: This type of agreement involves the transfer of only specific assets, such as equipment or software, rather than the entire call center operation. 2. Complete Asset Transfer Agreement: In this case, the entire call center business, including all its assets like equipment, software, databases, customer lists, and intellectual property rights, is transferred from the current owner to a new owner. 3. Merger and Acquisition Agreement: Sometimes, call center businesses may opt for a merger or acquisition, where one call center acquires another. In such cases, an Asset Transfer Agreement can be part of a larger agreement governing the entire merger or acquisition process. In summary, the Oregon Call Asset Transfer Agreement provides a detailed framework for the transfer of call center assets, protecting the rights and interests of the transferring and receiving parties involved in the transaction.