Common use of Relocation of Certain Excluded Assets Clause in Contracts

Relocation of Certain Excluded Assets. Promptly following the Closing, to the extent any Excluded Assets constitute equipment or other personal property located at the Leased Real Estate subject to the Transferred Leases, the Sublease or the Facility Use Agreements, the Company shall cause, at the Company’s sole cost and expense, such equipment or other personal property to be relocated.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Entropic Communications Inc), Asset Purchase Agreement (Entropic Communications Inc)

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Relocation of Certain Excluded Assets. Promptly following the Closing, to the extent any Excluded Assets constitute equipment or other personal property located at either the Owned Real Estate or the Leased Real Estate subject to the Transferred Leases, the Sublease or the Facility Use AgreementsEstate, the Company shall cause, at the Company’s sole cost and expense, such equipment or other personal property to be relocatedrelocated prior to the Closing to a location that is neither Owned Real Estate or Leased Real Estate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Verenium Corp)

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