Common use of Subsequent Contracts Clause in Contracts

Subsequent Contracts. From the date of this Agreement to the Closing Date, Seller shall use commercially reasonable efforts (a) to include in any Material Contracts entered into by Seller ("Subsequent Contracts") a provision permitting the assignment of any such Subsequent Contract to Purchaser and providing that upon such assignment, Purchaser shall succeed to all of Seller's rights, title, and interests thereunder subject to the Purchaser's assumption of all of Seller's duties, powers, and obligations under such Subsequent Contract, and (b) to ensure that no Subsequent Contract contains any provision which would limit in any way the rights, title, and interests of Seller in the Assets.

Appears in 12 contracts

Samples: Asset Purchase Agreement (Apple South Inc), Asset Purchase Agreement (Apple South Inc), Asset Purchase Agreement (Avado Brands Inc)

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Subsequent Contracts. From the date of this Agreement to the Closing Date, Seller shall use commercially reasonable best efforts (a) to include in any Material Contracts entered into by Seller ("Subsequent Contracts") a provision permitting the assignment of any such Subsequent Contract to Purchaser and providing that upon such assignment, Purchaser shall succeed to all of Seller's rights, title, and interests thereunder subject to the Purchaser's assumption of all of Seller's duties, powers, and obligations under such Subsequent Contract, and (b) to ensure that no Subsequent Contract contains any provision which would limit in any way the rights, title, and interests of Seller in the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apple South Inc)

Subsequent Contracts. From the date of this Agreement to the Closing Date, Seller shall use commercially its reasonable best efforts (a) to include in any Material Contracts entered into by Seller ("Subsequent Contracts") a provision permitting the assignment of any such Subsequent Contract to Purchaser Purchasers and providing that upon such assignment, Purchaser Purchasers shall succeed to all of Seller's rights, title, and interests thereunder subject to the Purchaser's Purchasers' assumption of all of Seller's duties, powers, and obligations under such Subsequent Contract, and (b) to ensure that no Subsequent Contract contains any provision which would limit in any way the rights, title, and interests of Seller or, prospectively, the Purchasers in the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apple South Inc)

Subsequent Contracts. From the date of this Agreement to the Closing Date, Seller shall use commercially reasonable efforts (a) to include in any Material Contracts entered into by Seller ("Subsequent Contracts") a provision permitting the assignment of any such Subsequent Contract to Purchaser and providing provide that upon such assignment, Purchaser shall succeed to all of Seller's rights, title, and interests thereunder subject to the Purchaser's assumption of all of Seller's duties, powers, and obligations under such Subsequent Contract, and (b) to ensure that no Subsequent Contract contains any provision which would limit in any way the rights, title, and interests of Seller in the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Avado Brands Inc)

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Subsequent Contracts. From the date of this Agreement to the Closing Date, Seller shall use commercially reasonable efforts (a) to include in any Material Contracts entered into by Seller in accordance with Section 4.5(c)(v) ("Subsequent Contracts") a provision permitting the assignment of any such Subsequent Contract to Purchaser and providing that upon such assignment, Purchaser shall succeed to all of Seller's rights, title, and interests thereunder subject to the Purchaser's assumption of all of Seller's duties, powers, and obligations under such Subsequent Contract, and (b) to ensure that no Subsequent Contract contains any provision which would limit in any way the rights, title, and interests of Seller in the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apple South Inc)

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