Common use of ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES Clause in Contracts

ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES. 304 All repairs and replacements shall be completed in a good and workmanlike manner by an appropriately 305 licensed person, in accordance with all requirements of law, and shall consist of materials or items of quality, 306 value, capacity and performance comparable to, or better than, that existing as of the Effective Date. Except 307 as provided in Paragraph 12(c)(ii), at Buyer’s option and cost, Seller will, at Closing, assign all assignable 308 repair, treatment and maintenance contracts and warranties to Buyer. 309 ESCROW AGENT AND BROKER

ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES. 304 330 All repairs and replacements shall be completed in a good and workmanlike manner by an appropriately 305 licensed 331 person, in accordance with all requirements of law, and shall consist of materials or items of quality, 306 value, capacity 332 and performance comparable to, or better than, that existing as of the Effective Date. Except 307 as provided in 333 Paragraph 12(c)(ii), at Buyer’s option and cost, Seller will, at Closing, assign all assignable 308 repair, treatment and 334 maintenance contracts and warranties to Buyer. 309 335 ESCROW AGENT AND BROKER