Common use of Assignment of Contracts and Other Assumed Liabilities Clause in Contracts

Assignment of Contracts and Other Assumed Liabilities. A General Assignment of Rights, substantially in the form attached hereto as Exhibit 3.2.5, and other written assignments or consents, in a form reasonably acceptable to Buyer or to any designated assignee of Buyer, including all obtained consents to said assignments of all of Seller’s right, title and interest in all Assumed Contracts and other Assumed Liabilities assumed by and assigned to Buyer pursuant to Section 2.3. By the Closing Date, Seller shall have delivered to Buyer the true and correct originals, or true and correct photocopies of originals if such originals are not available to Seller after due inquiry, of all Assumed Contracts and other Assumed Liabilities, and all amendments to such Assumed Contracts and other Assumed Liabilities. Seller also shall obtain and deliver to Buyer a Final Order entered in the Chapter 9 Proceeding in form and substance reasonably acceptable to Buyer authorizing and directing Seller to assume and assign to Buyer the Assumed Contracts identified in Section 2.3.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs

Assignment of Contracts and Other Assumed Liabilities. ‌ . A General Assignment of Rights, substantially in the form attached hereto as Exhibit 3.2.5, and other written assignments or consents, in a form reasonably acceptable to Buyer or to any designated assignee of Buyer, including all obtained consents to said assignments of all of Seller’s right, title and interest in all Assumed Contracts and other Assumed Liabilities assumed by and assigned to Buyer pursuant to Section 2.3. By the Closing Date, Seller shall have delivered to Buyer the true and correct originals, or true and correct photocopies of originals if such originals are not available to Seller after due inquiry, of all Assumed Contracts and other Assumed Liabilities, and all amendments to such Assumed Contracts and other Assumed Liabilities. Seller also shall obtain and deliver to Buyer a Final Order entered in the Chapter 9 Proceeding in form and substance reasonably acceptable to Buyer authorizing and directing Seller to assume and assign to Buyer the Assumed Contracts identified in Section 2.3.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!