Examples of Approved Service Contracts in a sentence
At the Close of Escrow, Seller shall assign to Buyer pursuant to the terms of the General Assignment and Assumption Agreement, all right, title and interest of Seller in and to the Approved Service Contracts and other Intangible Property, and Buyer shall assume all of the obligations of Seller under the Approved Service Contracts arising from and after the Close of Escrow.
Seller shall be responsible for all obligations thereunder attributable to the period prior to the Closing Date with respect to Approved Service Contracts (except to the extent that Buyer shall have received a credit hereunder with respect to any such obligations).
Buyer shall protect, hold harmless, indemnify and defend Seller and its directors, officers, agents, affiliates, principals, partners, shareholders, representatives and controlling persons from any Losses attributable to the period beginning on and after the Closing Date with respect to the Approved Service Contracts.
There are no Service Contracts which will affect the Property after the Closing Date except for the Approved Service Contracts.
On the Close of Escrow, Seller shall assign to Buyer the Approved Service Contracts pursuant to the Xxxx of Sale (as defined below).
Per: EXHIBIT A [Description of Approved Service Contracts] SCHEDULE B ASSIGNMENT OF LEASES THIS AGREEMENT made as of the ___ day of ________, 2008.
Per: EXHIBIT A [Description of Approved Service Contracts] SCHEDULE B ASSIGNMENT OF LEASES THIS AGREEMENT made as of the _____ day of _____________, 2008.
QLT and the Purchaser acknowledge and agree that the Purchase Price will be allocated among the Purchased Assets as follows: Lot F Property (land only) — $ 9,432,000.00 Building — $ 47,731,383.00 (includes Mechanical Systems fixtures, Leases and Approved Service Contracts) — $ 10,840,000.00 Lot 1 Property — $ 10,840,000.00 Included Chattels — $ 496,614.00 Shares — Lot F Nominee — $ 1.00 — Lot 1 Nominee — $ 1.00 Project Documents — $ 1.00.
On the Close of Escrow, each Seller shall assign to Buyer the Approved Service Contracts applicable to its Property pursuant to the Xxxx of Sale (as defined below).
Operating expenses (including, without limitation, amounts payable under the Approved Service Contracts and any assessments payable under the Permitted Exceptions which are allocable to the Property, but excluding insurance premiums and management fees) shall be prorated as of the Closing Date (based on the assumption that operating expenses were uniformly incurred during the billing period in which the Closing occurs).