Assumption by Transferee. All Transferees shall be required to assume in writing (the “Assumption Agreement”), the outstanding obligations of the Buyer to Seller under this Agreement. The form of the Assumption Agreement must be reasonably acceptable to Seller. Within 30 days after the effective date of any Transfer, Buyer (or the Transferee) shall deliver to Seller a copy of the Assumption Agreement, executed by Buyer and the Transferee.
Appears in 4 contracts
Samples: License Agreement, Trademark License Agreement (CST Brands, Inc.), Trademark License Agreement (CST Brands, Inc.)
