Transferred Vehicles Clause Samples
Transferred Vehicles. To the extent that Buyer has not received all of the titles for the Transferred Vehicles on the Closing Date, Seller agrees to take all action necessary at Seller’s sole expense, to promptly deliver such undelivered vehicle titles to Buyer following the Closing Date.
Transferred Vehicles. Seller and Purchaser agree that Seller will maintain (at Purchaser’s cost) insurance and registrations in place on the Transferred Vehicles for a period of thirty (30) business days following the Closing Date, and that Purchaser shall have the unlimited right to use the Transferred Vehicles during such period subject to Seller’s registrations and insurance. As of the Closing Date, Purchaser will obtain liability insurance with respect to Transferred Vehicles and shall cause Seller to be named as an additional insured. Purchaser shall indemnify and hold harmless Seller from and against any and all Losses (as hereinafter defined) arising out of Purchaser’s use of the Transferred Vehicles following the Closing Date.