Assumed Contract Sample Clauses

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. 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.

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. The parties acknowledge and agree that Seller has previously assigned the Assumed Contract to Biomune. To the extent that any additional actions may hereafter become necessary or reasonably advisable inorder to complete such assignment, the parties agree to take such actions.

Assumed Contract. Seller has delivered to Buyer a correct and complete copy of each written agreement listed in Schedule 2.6 and a written summary setting forth the material terms and conditions of each oral agreement referred to in Schedule 2.6. With respect to each Material Contract, (a) except as set forth on Schedule 2.6, each Material Contract is legal, valid, binding, enforceable, and in full force and effect, (b) Seller is not (and to Seller’s Knowledge, each counterparty is not) in material breach or default, (c) no event has occurred which with notice or lapse of time would constitute a material breach or default, or permit termination, modification, or acceleration, under such Material Contract, and (d) to Seller’s Knowledge no party has repudiated any material provision of such Material Contract. Except as set forth on Schedule 2.6, Seller, the Company, and, to Seller’s and the Company’s Knowledge, each of the other parties thereto has performed in all material respects all material obligations required to be performed by it under each Material Contract.

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. Except as otherwise provided in Section 2.2 hereof, all rights and incidents of interest of, and benefits accruing to, Seller in and to the Contracts (as defined in