Assumption of Certain Agreements. PHH agrees to assume all rights and obligations of Avis under (i) the Alliance Agreement, except those obligations pertaining to compliance by Wxxxxx Express LLC with the provisions of Article 14 of the Alliance Agreement applicable to Wxxxxx Express LLC, and (ii) the Technology Agreement.
Assumption of Certain Agreements. The Buyer agrees to assume and honor in accordance with their terms the agreements set forth in Section 6.7(f) of the Seller Disclosure Schedule between the Seller and designated employees of Seller.
Assumption of Certain Agreements. The applicable Guarantors shall have assumed their obligations under the License Agreements and the Partnership Parks Agreements to which any Guarantor is a party, upon confirmation of the Plan of Reorganization, or shall have entered into a new such agreement, in form and substance satisfactory to the Lender, effective as of the effectiveness of the Plan of Reorganization.
Assumption of Certain Agreements. With respect to the Assigned Agreements, at Closing Vision-R shall deliver to Group 1 instruments, in forms reasonably acceptable to Group 1, by which: (i) Vision-R shall transfer and assign to Group 1 all of its rights, title and interests under the Assigned Agreements (including its premises lease) and (ii) each third party to the Assigned Agreements shall consent to the relevant transfer and assignment to the extent required by the pertinent Assigned Agreements or determined desirable by Group 1. Group 1 acknowledges and agrees that assumption of Vision-R’s internet communication contract, or arranging for reasonably comparable service (i.e., 2 megabits), will be necessary at Closing to support Vision-R’s operations, as currently configured. 4.
Assumption of Certain Agreements. Prosperity will, or will cause the applicable Subsidiary of Prosperity to, assume and honor, as of the Effective Time, the agreements listed on Schedule 6.9, as in effect on the date hereof. Prosperity will not, and will cause the applicable Subsidiary of Prosperity not to, amend or terminate each such agreement without the consent of each party thereto.
Assumption of Certain Agreements. Acquiror hereby assumes all of the Company's rights, obligations, interests and liabilities under those certain agreements identified on Schedule 1.04 hereof (the "Assumed Agreements") to the same extent as though it had originally been named as a party thereto and agrees to observe, perform and fulfill all the terms and conditions of the Assumed Agreements to the same extent as if it had been originally named as a party thereto.
Assumption of Certain Agreements. 53 8.10 Independent Evaluation.........................................................................54 8.11 Income Taxes for Pre-Closing Periods...........................................................54 8.12
Assumption of Certain Agreements. Subject only to the Closing, EPGC hereby assumes all of the rights and obligations of Westport pursuant to the following material agreements: (i) Repurchase Agreement effective as of January 15, 1997, by and between 53 60 Westport Oil And Gas Company, Inc. and Bartx X. Xxxxxxx; (xi) Repurchase Agreement effective as of January 15, 1997, by and between Westport Oil And Gas Company, Inc. and Donaxx X. Xxxx; xxd (iii) Joint Acquisition Agreement dated October 15, 1998, by and between Energen Resources Corporation and Westport Oil And Gas Company, Inc.
