Assumed Agreement definition
Examples of Assumed Agreement in a sentence
Upon the execution and delivery hereof, the Operating Partnership absolutely and unconditionally accepts the foregoing assignment of each Contributed Asset and Assumed Agreement and assumes all Assumed Liabilities in respect of the Assumed Agreements, and agrees to be bound by the terms, conditions and covenants thereof, and to perform all duties and obligations of the Contributor thereunder from and after the date hereof.
The Assumed Agreements are listed on Exhibit A hereto and are identified by the date of the Assumed Agreement (if available), the other party or parties to the Assumed Agreement and the address of such party or parties (if available), as the case may be.
All of (a) Sellers’ inventory of drugs, food, laundry, housekeeping, and other supplies, disposables and consumables used, or held for use, in connection with the operation of the Healthcare Facilities within the MHP-TN REGION (the “Inventory”), and (b) those prepaid expenses that are set forth on Schedule 2.1.3 that relate to an Assumed Agreement.
Schedule 7.5 sets forth each guarantee and other credit support obligation of Seller (other than any Assumed Agreement) under or related to the Assumed Agreements (the “Credit Support Obligations”).
Each Assumed Agreement constitutes the entire agreement by and between the respective parties thereto with respect to the subject matter thereof, is in full force and effect and is enforceable in accordance with its terms.
Case 2 described a 31-year-old male professional soccer player with recurrent bilateral groin pain and persistent left- sided groin pain.
With respect to each Assumed Agreement and all accounts related thereto, to the Knowledge of Assignor, the accounting, financial and other books and records kept by the HSBC Sellers and their Subsidiaries are in all material respects complete and accurate and have been maintained in the ordinary course of business and in compliance with in all material respects with Applicable Law.
In the event that the amount of a Cure Payment is disputed between Buyer and the third party to the Assumed Agreement, the amount of such Cure Payment will be determined by the Bankruptcy Court.
Further, the Parties acknowledge that certain agreements listed on either Schedule 2.1.4 as an Assumed Agreement or Schedule 2.2.12 as an Excluded Contract may move from one schedule to the other, and the Parties shall work with one another in good faith to agree upon such changes as appropriate.
The Operating Partnership hereby absolutely and unconditionally accepts the foregoing assignment of each Contributed Asset and Assumed Agreement and assumes all Assumed Liabilities (but not the Excluded Liabilities) in respect of the Assumed Agreements, and agrees to be bound by the terms, conditions and covenants thereof, and to perform all duties and obligations of Contributor thereunder from and after the date hereof.