Assumed Contracts definition

Assumed Contracts has the meaning set forth in Section 2.1(d).
Assumed Contracts shall have the meaning specified in Section 1.1(f).
Assumed Contracts shall have the meaning given to such term in Section 2.1(e) hereof.

Examples of Assumed Contracts in a sentence

  • Subject to the terms and conditions set forth herein upon Closing, Buyers shall assume and agree to pay, perform and discharge all Liabilities and obligations under the Assumed Contracts but only to the extent that such Liabilities and obligations are required to be performed after the Effective Time, were incurred in the Ordinary Course and do not relate to a breach, default or other violation by Seller on, before or as a consequence of Closing (collectively, the "Assumed Liabilities").

  • All income and expenses pursuant to the Assumed Contracts will be prorated between Buyer and Sellers as of the Closing Date on the Closing Statement.

  • Any amounts received by Sellers under the Assumed Contracts related to any period after the Closing shall be promptly paid to Buyer.

  • Seller has made available to Purchasers complete and accurate copies of all current Assumed Contracts with each of the Key Suppliers and any amendments thereto.

  • Sellers shall receive a credit on the Closing Statement for the amount of any prepaid rents related to periods after the Closing, security deposits, or other deposits previously paid by the Partnership under the Assumed Contracts, less any such amounts paid to and collected by the Partnership under the Assumed Contracts.


More Definitions of Assumed Contracts

Assumed Contracts shall have the meaning assigned thereto in Section 7.2(b).
Assumed Contracts means (i) all Contracts listed in Schedule 3.7 that are specifically designated on Schedule 3.7 as Contracts that are to be assumed by Buyer upon its purchase of the Station, (ii) any Contracts entered into by Seller between the date of this Agreement and the Closing Date that Buyer agrees in writing to assume, and (iii) time sales contracts entered into by Seller in compliance with Section 5.3.
Assumed Contracts shall have the meaning set forth in Section 3.1(a).
Assumed Contracts shall have the meaning specified in Section 2.1(a)(10).
Assumed Contracts means the Leases, the Barter Agreements, the Advertising Contracts and those contracts identified on Section 2(k) of the Disclosure Schedule as those to be assumed by Broadcasting.
Assumed Contracts has the meaning specified in Section 2.01 of this Agreement.
Assumed Contracts shall have the meaning given to such term in Section 5.7 herein.