Opinion ID: 74769
Heading Depth: 3
Heading Rank: 1

Heading: 1 Purchase and Sale.

Text: (a) The Seller shall sell, convey, transfer and assign to the Purchaser, and the Purchaser shall purchase from the Seller, on the Closing Date (as defined below), the Acquired Assets. Acquired Assets shall mean all of the following real property, personal property assets (tangible or intangible), and rights of the Seller used or held in connection with the Business ... (i) all Seller's trade names, trademarks and service marks. .... 1.4 Closing. The closing (the Closing) for the consummation of the transactions contemplated by this Agreement shall take place ... at 10:00a.m. (east coast time) on March 22, 1994 or such other date and time agreed to by the Seller and the Purchaser.... 1.5 Instruments of Conveyance and Transfer. At the Closing, the Seller shall deliver to the Purchaser such bills of sale, endorsements, assignments and other instruments of transfer, conveyance and assignment ... as shall be necessary to transfer, convey and assign the Acquired Assets to the Purchaser. Under the terms of the asset purchase contract, Alliance Atlanta fulfilled its contractual duties relating to the acquisition of the trade name Hinely Aluminum, Inc., at the closing that took place on March 22, 1994. Once Hinely sold the name to Alliance Atlanta, the company was free to use the name in any manner it deemed fit. The district court did not err in finding there was no genuine issue of material fact as to Alliance Atlanta's rights to the trade name Hinely Aluminum, Inc.