Restrictions; Burdensome Agreements. Except as otherwise disclosed in Schedule 6.6 or as specifically disclosed elsewhere in this Agreement or in the other Schedules hereto, neither Seller nor the General Partner is a party to any contract, commitment or agreement, nor is either of them or any of the Transferred Assets subject to, or bound or affected by, any partnership restriction, judgment, decree, law, statute, ordinance, rule, regulation or other restriction of any kind or character which would, individually or in the aggregate, materially adversely affect Buyer's purchase, ownership and operation of the Transferred Assets from and after the Closing.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Sports Club Co Inc), Purchase and Sale Agreement (Sports Club Co Inc), Agreement of Purchase and Sale (Sports Club Co Inc)
Restrictions; Burdensome Agreements. Except as otherwise disclosed in Schedule 6.6 or as specifically disclosed elsewhere in this Agreement or in the other Schedules hereto, neither Seller nor the General Partner is a party Partners are parties to any contract, commitment or agreement, nor is either any of them or any of the Transferred Assets subject to, or bound or affected by, any partnership restriction, judgment, decree, law, statute, ordinance, rule, regulation or other restriction of any kind or character which would, individually or in the aggregate, materially adversely affect Buyer's purchase, ownership and operation of the Transferred Assets from and after the Closing.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Sports Club Co Inc)