Contra Costa California 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
• County: Contra Costa
• 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 Contra Costa California Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc. is a legal document that outlines the terms and conditions of the transfer of specific assets and liabilities between these two companies. This agreement serves as a comprehensive guide for the transfer process, ensuring a smooth transition of responsibilities and obligations. This particular Contra Costa California Transfer Agreement covers the transfer of certain assets and liabilities from Savvies Communications Corp. to Bridge Information Systems, Inc. The agreement is tailored to meet the specific needs and requirements of both parties involved. Some key aspects of this agreement include: 1. Assets Transfer: The agreement specifies the list of assets that will be transferred from Savvies Communications Corp. to Bridge Information Systems, Inc. Examples of these assets may include physical assets like equipment, software licenses, intellectual property rights, customer contracts, and any other resources deemed necessary for the operations of Bridge Information Systems, Inc. 2. Liabilities Transfer: The agreement also outlines the liabilities that will be assumed by Bridge Information Systems, Inc. as a result of the transfer. These liabilities may include contractual obligations, outstanding debts, legal claims, or any other financial obligations associated with the assets being transferred. 3. Consideration: The agreement establishes the consideration or compensation that Bridge Information Systems, Inc. will provide to Savvy Communications Corp. for the assets being transferred. This consideration may take the form of cash, stocks, or other agreed-upon forms of payment. 4. Terms and Conditions: The agreement includes detailed terms and conditions governing the transfer process. These terms cover various aspects, such as timelines, warranties, dispute resolution mechanisms, confidentiality provisions, and any specific conditions related to assignment or termination of contracts. 5. Employee Transfers: If applicable, the agreement addresses any potential employee transfers between the two companies. It outlines the responsibilities of both companies in regard to informing, consulting, or providing employment opportunities to employees affected by the transfer. It is important to note that while this description provides an overview of a typical Contra Costa California Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc., there may be variations or specific terms unique to each agreement. Furthermore, it is always advisable to refer to the actual agreement for accurate information relevant to a particular transfer.

The Contra Costa California Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc. is a legal document that outlines the terms and conditions of the transfer of specific assets and liabilities between these two companies. This agreement serves as a comprehensive guide for the transfer process, ensuring a smooth transition of responsibilities and obligations. This particular Contra Costa California Transfer Agreement covers the transfer of certain assets and liabilities from Savvies Communications Corp. to Bridge Information Systems, Inc. The agreement is tailored to meet the specific needs and requirements of both parties involved. Some key aspects of this agreement include: 1. Assets Transfer: The agreement specifies the list of assets that will be transferred from Savvies Communications Corp. to Bridge Information Systems, Inc. Examples of these assets may include physical assets like equipment, software licenses, intellectual property rights, customer contracts, and any other resources deemed necessary for the operations of Bridge Information Systems, Inc. 2. Liabilities Transfer: The agreement also outlines the liabilities that will be assumed by Bridge Information Systems, Inc. as a result of the transfer. These liabilities may include contractual obligations, outstanding debts, legal claims, or any other financial obligations associated with the assets being transferred. 3. Consideration: The agreement establishes the consideration or compensation that Bridge Information Systems, Inc. will provide to Savvy Communications Corp. for the assets being transferred. This consideration may take the form of cash, stocks, or other agreed-upon forms of payment. 4. Terms and Conditions: The agreement includes detailed terms and conditions governing the transfer process. These terms cover various aspects, such as timelines, warranties, dispute resolution mechanisms, confidentiality provisions, and any specific conditions related to assignment or termination of contracts. 5. Employee Transfers: If applicable, the agreement addresses any potential employee transfers between the two companies. It outlines the responsibilities of both companies in regard to informing, consulting, or providing employment opportunities to employees affected by the transfer. It is important to note that while this description provides an overview of a typical Contra Costa California Transfer Agreement between Savvies Communications Corp. and Bridge Information Systems, Inc., there may be variations or specific terms unique to each agreement. Furthermore, it is always advisable to refer to the actual agreement for accurate information relevant to a particular transfer.