Intentionally Deleted. E. Intentionally Deleted Sample Clauses
The 'Intentionally Deleted' clause serves as a placeholder indicating that a section or provision has been deliberately removed from a contract or agreement. In practice, this phrase is inserted where a clause number or heading would normally appear, signaling to all parties that content previously present has been omitted and is not to be considered part of the agreement. This approach maintains the original numbering and structure of the document, preventing confusion or misinterpretation about missing content and ensuring that references to other sections remain accurate.
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Intentionally Deleted.
E. Intentionally Deleted. Notwithstanding anything herein to the contrary, if Purchaser assigns or transfers its rights under this Agreement with respect to the Property commonly known as Ferrand Estates located in Wyoming, Michigan and the related Acquired Assets in accordance with Section 10(B) hereof (any such transferee or assignee being referred to herein as a “Transferee”), Purchaser shall deliver to Sellers prompt written notice thereof (the “Transfer Notice”). Any such transfer must include the right and obligation of Purchaser to nullify such transfer unless the Loan Assumption applicable to Ferrand Estates is consummated in accordance with the terms of this Section 11(F). Upon receipt of the Transfer Notice, Sellers shall, until the date that is one hundred twenty (120) days after the Effective Date, take the steps reasonably necessary to request that the applicable Existing Lender allow the Transferee to assume the applicable Existing Loan. Seller shall exercise good faith commercially reasonable efforts, in a timely manner, to attempt to obtain from the applicable Existing Lender its formal written consent to the Loan Assumption in accordance with the terms of this Section 11; provided, however that if a Loan Assumption with such Transferee is not completed on or before the date which is 120 days after the Effective Date, then Purchaser shall be obligated to apply for such Loan Assumption on its own behalf within 30 days after expiration of such 120 day period in accordance with the terms of this Section 11.