Common use of Removal of Excluded Assets Clause in Contracts

Removal of Excluded Assets. As promptly as practicable following the Closing Date (and in any event within ten (10) Business Days following Closing Date), Seller shall remove at their expense all of the Excluded Assets that are located at real property subject to an Assumed Real Property Lease. Seller shall, in connection with such removal, exercise commercially reasonable efforts to avoid damage to any of the Assets, and to the extent any of the Assets are damaged in connection with such removal, Seller shall promptly repair such damage at Seller’s sole cost and expense.

Appears in 3 contracts

Samples: Asset Purchase Agreement by And (Cancer Genetics, Inc), Asset Purchase Agreement by and Between (Response Genetics Inc), Asset Purchase Agreement by and Between (Cancer Genetics, Inc)

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Removal of Excluded Assets. As promptly as practicable following Seller agrees that, prior to or within 30 days after the Closing Date (and Date, Seller will, at its expense, remove from the Real Property all Excluded Assets without causing any material interference or disruption of the business or operations of Buyer or resulting in any event within ten (10) Business Days following Closing Date), Seller shall remove at their expense all of the Excluded Assets that are located at real property subject cost to an Assumed Real Property LeaseBuyer. Seller shall, in connection will provide Buyer with such removal, exercise commercially reasonable efforts two days notice prior to avoid damage to removing any of the Excluded Assets, and to the extent any of the Assets are damaged in connection with such removal, Seller shall promptly repair such damage at Seller’s sole cost and expense.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Remec Inc), Asset Purchase Agreement (Spectrum Control Inc)

Removal of Excluded Assets. As promptly as practicable following the Closing Date (and in any event within ten (10) Business Days following Closing DateDays), Seller shall remove at their its expense all of the Excluded Assets that are located at real property subject to an Assumed any Leased Real Property LeaseProperty. Seller shallAny Excluded Assets not timely removed by Sellers may be disposed of by Buyer (in its sole and unreviewable discretion), in connection with such removal, exercise commercially reasonable efforts to avoid damage to without the incurrence of any Liability on the part of the Assets, and to the extent any of the Assets are damaged in connection with such removal, Seller shall promptly repair such damage at Seller’s sole cost and expenseBuyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Schmitt Industries Inc)

Removal of Excluded Assets. As promptly as practicable following the Closing Date (and in any event within ten (10) Business Days following Closing Date), Seller shall remove at their expense all of the Excluded Assets that are located at real property subject to an Assumed Real Property Lease. Seller shall, in connection with such removal, exercise commercially reasonable efforts to avoid damage to any of the Assets, and to the extent any of the Assets are damaged in connection with such removal, Seller shall promptly repair such damage at Seller’s sole cost and expense.. 33 4.16

Appears in 1 contract

Samples: Asset Purchase Agreement by And

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Removal of Excluded Assets. As promptly as practicable following Seller agrees that, prior to the Closing Date (and or within 10 business days after the Closing Date, Seller will, at its expense, remove from the Real Property all Excluded Assets without causing any material interference or disruption of the business or operations of Purchaser or resulting in any event within ten (10) Business Days following Closing Date), Seller shall remove at their expense all of the Excluded Assets that are located at real property subject cost to an Assumed Real Property LeasePurchaser. Seller shall, in connection will provide Purchaser with such removal, exercise commercially reasonable efforts two (2) days notice prior to avoid damage to removing any of the Excluded Assets, and to the extent any of the Assets are damaged in connection with such removal, Seller shall promptly repair such damage at Seller’s sole cost and expense.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spectrum Control Inc)

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