Examples of Acquired Real Property Leases in a sentence
The Seller is not in default, nor but for a requirement that notice be given or that a period of time elapse or both, would be in default, under any Acquired Contract, Acquired Personal Property Leases, or Acquired Real Property Leases identified on Section 2.1(c), (f) and (g) of the Disclosure Schedule.
The parties hereto acknowledge and agree that this Agreement may be executed prior to the Disclosure Schedules being completed and attached hereto and prior to Purchaser reviewing all of the Acquired Contracts, Acquired Real Property Leases, Acquired Personal Property Leases and the Permits and/or Licenses.
The Seller has no Knowledge that any other party to the Acquired Contracts, the Acquired Personal Property Leases or the Acquired Real Property Leases will cancel, terminate or be unable to comply with any of the Acquired Contracts, Acquired Personal Property Leases or Acquired Real Property Leases.
Simultaneously with the Closing, as applicable, the Acquired Contracts, Acquired Real Property Leases and Acquired Personal Property Leases and the Permits and/or Licenses and the Environmental Permits shall be assigned to and/or assumed by the Purchaser and all consents from third parties related thereto, as applicable and provided herein, shall be received.
As of the execution date of this Agreement, Sellers will have prepared and delivered certain agreed to Disclosure Schedules, and full and complete copies of Acquired Contracts, Acquired Real Property Leases, Acquired Personal Property Leases, Permits and Licenses to the Purchaser.
Prior to Seller's entering into any amendments of any Acquired Real Property Leases (or any amendment, rejection or termination of any material Acquired Contract), Seller shall afford to Buyer an opportunity to discuss with Seller or Seller's agents or consultants their objectives regarding such amendments, and Seller shall obtain Buyer's consent in writing with respect to the final form of such amendments.
True, correct and complete copies of all Acquired Contracts to which Seller is a party (other than the Permits and Acquired Real Property Leases) that are primarily related to the operation of the Acquired Restaurants and the Acquired Assets and all amendments thereto have been made available to Buyer by Seller and are listed on Schedule 2.1(a) attached hereto.
One hundred and thirty-six (136) of the restaurants included in the Acquired Operations (subject to adjustments as provided in this Agreement) are currently leased by Seller from third-party lessors, pursuant to the Acquired Real Property Leases set forth on Schedule 2.1(c) attached hereto ("Leased Real Property").
Buyer acknowledges that the Sale Order will authorize the assumption and assignment of the Acquired Contracts and the Acquired Real Property Leases without the requirement of any consent by the parties thereto.
Except as indicated in the material made available pursuant to the previous sentence and described on Schedule 2.1(c) attached hereto, the Acquired Real Property Leases represent the entire agreement between the respective landlord and each Seller with respect to the respective Leased Real Property and, except as permitted herein, none of the Acquired Real Property Leases has been materially modified since such copies were made available to Buyer.