Assumed Contract. The Seller will have executed amendments reasonably satisfactory in form and substance to the Buyer to each of the contracts listed on Schedule 2.1(c) in order to remove any retail obligations from such contracts. The Buyer may waive any condition specified in this Section 6.1 if it executes a writing so stating at or prior to the Closing. Such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing specifically so states.
Assumed Contract. The Assumed Contract is a valid and binding agreement of Seller and to Seller's Knowledge is in full force and effect, and to Seller's Knowledge neither Seller nor any other party thereto is in material default or breach under the terms of such Assumed Contract, and, to Seller's Knowledge, no event or circumstance has occurred that, with notice or lapse of time or both, would constitute any material event of default thereunder. As of the date of this Agreement, to Seller's Knowledge, Seller has not received notice that any party to the Assumed Contract intends to terminate the Assumed Contract. True and complete copies of such Assumed Contract have been delivered to Buyer.
Assumed Contract. The lease for the Leased Transmitter Site listed on Schedule 2.1.7 hereto (the "Assumed Contract").
Assumed Contract. Upon the terms and subject to the conditions of this Agreement, Acquisition Subsidiary agrees, effective at the time of the Closing, to assume only the liabilities set forth on Exhibit B (the "ASSUMED CONTRACT").
Assumed Contract. Assumed Contract" shall have the meaning set forth in Section 1.1(b) to the Agreement.
Assumed Contract. At the Closing, Purchaser shall assume the obligations of Seller for periods on and after the Closing Date under the Assumed Contract, and Purchaser agrees to pay and perform the Assumed Contract from and after the Closing Date. Except as specifically set forth in the preceding sentence, Purchaser does not assume and shall in no event be liable for any Liability of the Station or Seller. ARTICLE 3.
Assumed Contract. If the Property includes Tract 2, the interest of Seller under the Buffalo Dunes Easement Agreement, including all rights to payments due fro Buffalo Dunes Wind Project, LLC and/or its successor(s) in interest under the Buffalo Dunes Easement A reement (collectively the “Assumed Contract”), shall be assigned to and assumed by Buyer at Closing. At Closing, Seller and Buyer shall execute and deliver an instrument prepared by an attorney on behalf of Seller pursuant to which all of Seller’s rights and obligations under the Assumed Contract shall be assigned to and assumed by Buyer without representation or warranty; provided, however, the assignment and assumption of the Assumed Contract shall be effective as of the Closing in any event, with or without the execution of a separate instrument of assignment and assumption. Unless otherwise provided in this Agreement, payments made or due under the Assumed Contract shall be estimated as of and prorated to the date of Closing. Seller and Buyer shall mutually cooperate with respect to the satisfaction of any notification requirements or other requirements in connection with the assignment and assumption of the Assumed Contract.
Assumed Contract. 11 Section 3.08. Compliance with Laws and Court Orders..........................12 Section 3.09. Properties.....................................................12 Section 3.10. Sufficiency of and Title to the Purchased Assets...............13 Section 3.11.
Assumed Contract. “Assumed Contracts” means all of the Contracts of Seller identified on the Schedule of Contracts attached hereto as Exhibit J, other than Excluded Contracts.
Assumed Contract. “Assumed Contract” shall mean any Seller Contract that is an Asset, as set forth on Section 1.1(b) hereof.
