Insurance Ratings. Seller will, at no out-of-pocket cost to Seller, take such action as may reasonably be requested by Buyer to enable Buyer to succeed to the workers’ compensation and unemployment insurance ratings, and other ratings for insurance or other purposes established by Seller for the Hospital Facilities. Buyer shall not be obligated to succeed to any such ratings, except as it may elect to do so.
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Samples: Asset Purchase Agreement (Sunlink Health Systems Inc), Asset Purchase Agreement (Sunlink Health Systems Inc)
Insurance Ratings. Seller will, at no out-of-pocket cost to Seller, will take such all action as may reasonably be requested by Buyer to enable Buyer to succeed to the workers’ compensation and unemployment insurance ratings, and other ratings for insurance or other purposes established by Seller for the Hospital FacilitiesHospital. Buyer shall not be obligated to succeed to any such ratings, except as it may elect to do so.
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Samples: Asset Purchase Agreement (Acadia Healthcare Company, Inc.)
Insurance Ratings. Seller will, at no out-of-pocket cost to Seller, shall take such all action as may reasonably be requested by Buyer Purchaser to enable Buyer Purchaser to succeed to the workers’ compensation Workmen’s Compensation and unemployment insurance Unemployment Insurance ratings, insurance policies, deposits and other interests of the Seller with respect to the operation of the Hospital and other ratings for insurance or other purposes established by Seller for the Hospital FacilitiesSeller. Buyer Purchaser shall not be obligated to succeed to any such ratingsrating, insurance policy, deposit or other interest, except as it may elect to do so.
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