Common use of Lessor Approval Clause in Contracts

Lessor Approval. The lessors of the Leased Property shall have provided to Seller and Purchaser duly executed and acknowledged assignments and assumptions of the Leased Property, in a form that is reasonably acceptable to counsel for Seller, each assignment and assumption to be contingent upon the closing of the transactions contemplated herein.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Fast Food Operators Inc), Asset Purchase Agreement (Fast Food Operators Inc)

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Lessor Approval. The lessors of the Leased Property shall have provided to Seller and Purchaser duly executed and acknowledged assignments and assumptions of the Leased Property, in a form that is reasonably acceptable to counsel for SellerPurchaser, each assignment and assumption to be contingent upon the closing of the transactions contemplated herein.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Fast Food Operators Inc), Asset Purchase Agreement (Fast Food Operators Inc)

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