Common use of Purchaser Assumed Liabilities Clause in Contracts

Purchaser Assumed Liabilities. The liabilities and obligations of Purchaser under the Material Agreements, the Operating Agreements, the Permitted Exceptions, the Bookings, equipment leases or other leases of Personalty assigned to Purchaser under this Agreement, installment sales contracts pertaining to Personalty assigned to Purchaser under this Agreement, and Permits and warranties assigned to Purchaser pursuant to this Agreement, and any other liability or obligation of Purchaser expressly undertaken under this Agreement or any other document executed by Purchaser at or in connection with the Closing, all to the extent such liabilities or obligations first arise or accrue on or after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)

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Purchaser Assumed Liabilities. The liabilities and obligations of Purchaser under the Existing Debt Documents, the Assumed Management Agreement, the Material Agreements, the Operating Agreements, the Tenant Leases, the Permitted Exceptions, the Bookings, equipment leases or other leases of Personalty assigned to Purchaser under this Agreement, installment sales contracts pertaining to Personalty assigned to Purchaser under this Agreement, and Permits and warranties assigned to Purchaser pursuant to this Agreement, and any other liability or obligation of Purchaser expressly undertaken under this Agreement or any other document executed by Purchaser at or in connection with the Closing, all to the extent such liabilities or obligations first arise or accrue on or after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)

Purchaser Assumed Liabilities. The liabilities and obligations of Purchaser under the Assumed Management Agreements, the Assumed Beaver Creek East West Agreements, the Material Agreements, the Operating Agreements, the Tenant Leases, the Omni Lease, the Permitted Exceptions, the Bookings, equipment leases or other leases of Personalty assigned to Purchaser under this Agreement, installment sales contracts pertaining to Personalty assigned to Purchaser under this Agreement, and Permits and warranties assigned to Purchaser pursuant to this Agreement, and any other liability or obligation of Purchaser expressly undertaken under this Agreement or any other document executed by Purchaser at or in connection with the Closing, all to the extent such liabilities or obligations first arise or accrue on or after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)

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Purchaser Assumed Liabilities. The liabilities and obligations of Purchaser under the Assumed Management Agreement, the Material Agreements, the Operating Agreements, the Tenant Leases, the Permitted Exceptions, the Bookings, equipment leases or other leases of Personalty assigned to Purchaser under this Agreement, installment sales contracts pertaining to Personalty assigned to Purchaser under this Agreement, and Permits and warranties assigned to Purchaser pursuant to this Agreement, and any other liability or obligation of Purchaser expressly undertaken under this Agreement or any other document executed by Purchaser at or in connection with the Closing, all to the extent such liabilities or obligations first arise or accrue on or after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)

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