Common use of Service and Maintenance Contracts Clause in Contracts

Service and Maintenance Contracts. Seller shall, if requested by Buyer, use commercially reasonable efforts to continue to make such services and benefits of any service and maintenance contracts available to Buyer and in such event, Buyer shall pay at the contract rate for any desired services to be rendered to it after the Closing Date pursuant to any existing contract between Seller and third parties. Seller has provided Buyer with copies of service and maintenance contracts related to the Branch which are outstanding as of the Closing Date. With respect to any such contracts, Buyer shall, not later than fifteen (15) days after the Signature Date, notify Seller of those contracts which it elects to assume (to the extent permitted by the relevant contract and law), and Seller shall assign all of its right, title and interest in such contracts so assumed to Buyer at the Closing pursuant to documents and agreements in form and substance reasonably satisfactory to Buyer.

Service and Maintenance Contracts. Seller shall, if requested by Buyer, use commercially reasonable efforts to continue to make such services and benefits of any service and maintenance contracts available to Buyer and in such event, Buyer shall pay at the contract rate for any desired services to be rendered to it after the Closing Date pursuant to any existing contract between Seller and third parties. Seller has provided Buyer with copies of service and maintenance contracts related to the Branch which are outstanding as of the Closing Date. With respect to any such contracts, Buyer shall, not later than fifteen five (155) days after before the Signature Closing Date, notify Seller of those contracts which it elects to assume (to the extent permitted by the relevant contract and law), and Seller shall assign all of its right, title and interest in such contracts so assumed to Buyer at the Closing pursuant to documents and agreements in form and substance reasonably satisfactory to Buyer.

Service and Maintenance Contracts. Seller shall, if requested by Buyer, use commercially reasonable efforts to continue to make such services and benefits of any service and maintenance contracts available to Buyer and in such event, Buyer shall pay at the contract rate for any desired services to be rendered to it after the Closing Date pursuant to any existing contract between Seller and third parties. Seller has provided Buyer with copies of all service and maintenance contracts related to the Branch Branches which are outstanding as of the Closing Date. With respect to any such contracts, Buyer shall, not later than fifteen thirty (1530) days after the Signature Date, notify Seller of those contracts which it elects to assume (to the extent permitted by the relevant contract and law), and Seller shall assign all of its right, title and interest in such contracts so assumed to Buyer at the Closing pursuant to documents and agreements in form and substance reasonably satisfactory to Buyer.