Retail Orders. On the Closing Date, Seller shall turn over or assign by proper and appropriate instruments to Purchaser all unfulfilled retail orders and customer deposits attributable thereto, held by Seller as of the Closing Date. Purchaser shall assume such retail orders and responsibility to the customer for making future delivery of any vehicle covered by the orders.
Appears in 6 contracts
Samples: Asset Purchase Agreement (Group 1 Automotive Inc), Asset Purchase Agreement (Group 1 Automotive Inc), Asset Purchase Agreement (Group 1 Automotive Inc)
Retail Orders. On the Closing Date, Seller the Sellers shall turn over or assign by proper and appropriate instruments to Purchaser all unfulfilled retail orders and customer deposits attributable thereto, held by Seller as of the Closing Date. , and Purchaser shall assume such retail orders and responsibility to the customer for making future delivery of any vehicle covered by the ordersorders (each of such retail orders shall constitute part of the Assumed Contracts). Purchaser’s obligations under this Section 9.3 shall expressly survive Closing.
Appears in 1 contract
Samples: Asset Purchase Agreement (Asbury Automotive Group Inc)
Retail Orders. On the Closing Date, Seller the Sellers shall turn over or assign by proper and appropriate instruments to Purchaser all unfulfilled retail orders and customer deposits deposits attributable thereto, held by Seller as of the Closing Date. , and Purchaser shall assume such retail retail orders and responsibility to the customer for making future delivery of any vehicle covered by by the orders.orders (each of such retail orders shall constitute part of the Assumed Contracts). Purchaser’s obligations under this Section 9.3 shall expressly survive Closing.
Appears in 1 contract
Samples: Asset Purchase Agreement (Asbury Automotive Group Inc)