Company: MBIO
Filing Date: 2025-02-27
Form Type: 424B3
Source: 0001104659-25-018303
Chunk: 9

Company: MUSTANG BIO, INC.
Filing Date: 2025-02-27
Form: 424B3
Chunk 9
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 comply with its respective obligations under the Escrow Agreement. Title to the FF&E and the Warehouse       
 Items and risk of loss with respect to each of them will pass to Buyer upon the Transfer Date and, as of the Transfer Date, Seller shall 
 become fully entitled to receipt of the Purchase Price within the timeframe specified in the Escrow Agreement.                           |

| 6. | Retained Liabilities. Notwithstanding any provision to the contrary in this Bill of Sale Agreement                                            
 or applicable law, Seller shall be solely responsible for paying all taxes imposed by any federal, state, local or foreign governmental       
 authority with respect to the sale or transfer of the FF&E and the Warehouse Items contemplated by this Agreement, including but not          
 limited to sales tax, use tax, transfer tax, duties, fees, charges, assessments or other impositions of any kind (collectively, the “Taxes”). 
 Seller shall timely remit to the appropriate governmental authorities all Taxes required to be collected or paid in connection with the       
 sale or transfer of the FF&E and the Warehouse Items. Seller shall provide Buyer with evidence of such remittance, to the extent due          
 and payable, upon request. Seller shall indemnify, defend and hold Buyer harmless from and against any and all liabilities, claims, demands,  
 actions, causes of action, losses, damages, costs and expenses, including reasonable attorneys’ fees and court costs (collectively,           
 “Loss and Expense”) arising out of or relating to any failure by Seller to pay any Taxes or to comply with any                                
 reporting or remittance obligations with respect to such Taxes.                                                                               |

| 7. | Seller hereby warrants that it has good and valid title to the FF&E and the Warehouse Items, free 
 and clear of any and all liens, claims, leases, licenses and other encumbrances.                  |

| 8. | Neither party will be liable to the other party for any indirect, special, consequential, or punitive                                           
 damages (including lost profits) arising out of or relating to this Bill of Sale Agreement or the transactions contemplated hereby (whether     
 for breach of contract, tort, negligence, or other form of action) and irrespective of whether either party has been advised of the possibility 
 of any such damage.                                                                                                                             |

| 9. | Seller represents and warrants to Buyer that (i) neither it nor its officers or agents nor anyone acting                                  
 on its behalf has dealt with any real estate broker, other than Kelleher & Sadowsky Associates, Inc.