Common use of Kodak and Qualex Photo Processing Equipment Clause in Contracts

Kodak and Qualex Photo Processing Equipment. The Sellers and Buyer shall each use commercially reasonable efforts, and shall reasonably cooperate with each other in such efforts, to obtain the consent of each of Kodak and Qualex to the (a) (i) transfer of the photo processing equipment leased by the Sellers or their Affiliates from Kodak and Qualex and located at the Stores (the “Photo Equipment”) to Buyer and (ii) the assumption by Buyer of the obligations of the Sellers with respect to such Photo Equipment, or (b) buyout by Buyer of the Photo Equipment.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Supervalu Inc), Asset Purchase Agreement (CVS Corp)

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