Assumption of Service Contracts. An assumption of the Contracts which Buyer has elected to assume, which will include an indemnification by Buyer of Seller for all owner obligations accruing on or after the Date of Closing.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Hancock John Realty Income Fund Iii Limited Partnership), Agreement for Purchase (President Casinos Inc), Purchase and Sale Agreement (Hancock John Realty Income Fund Iii Limited Partnership)
Assumption of Service Contracts. An assumption of the Contracts which Buyer has elected to assumemaintenance and service contracts, which will include an indemnification by Buyer of Seller for all owner obligations accruing on or after the Date of Closing.. (c)
Appears in 1 contract
