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, Hook : 3870 Rage: 497
<br /> NOW, THEREFORE, in consideration of the foregoing recitals, the mutual
<br /> covenants and agreements hereinafter set forth, and for other good and valuable
<br /> consideration, the receipt and sufficiency of which is hereby acknowledged by all
<br /> rti s the arties do hereb a ree as follows: -
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<br /> 1. Purchase and Sale. Subject to the terms and conditions of this
<br /> Agreement, Seller does hereby agree to sell, assign, transfer, and convey to
<br /> Bu er, free and clear of all liens and encumbrances, except as otherwise
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<br /> provided herein, and Buyer does hereby agree to purchase and accept from
<br /> Seller, all of the tangible and intangible property and assets owned by Seller and
<br /> used in the operation of the Hotel of whatever kind and nature and wherever
<br /> located, in the manner and for the amount set forth herein, including, without
<br />' limitation, the following (collectively, the "Purchased Assets"):
<br /> nt furniture furnishin s fixtures leasehold
<br />� a. all machine , e ui me , , g , ,
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<br /> improvements, smallwares, supplies, signs, cash registers, computer hardware
<br /> and software, telephones, appliances, plates, utensils, uniforms, menus,
<br /> acka in materials tele hone numbers facsimile numbers, tele hone listin s,
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<br /> email addresses, websites, and advertising relating to the Hotel and located on
<br /> the Hotel premises.
<br /> b. the Seller's right, title and interest in and to the Hotel and Real
<br /> Estate, legally described as follows: (See Legal Description attached.)
<br /> $5,500.000.00
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<br /> c. motor vehicles $ no ,
<br />, d. Seller's oodwill - $ -0- ;
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