Examples of Assumed Service Contracts in a sentence
As part of the Assumed Property Liabilities, the Buyer shall assume the obligations under all Service Contracts which (i) Buyer does not identify for termination and (ii) even if so identified, nevertheless cannot be terminated prior to Closing in accordance with their terms (collectively the "Assumed Service Contracts").
The service quality has become a highly instrumental coefficient within the aggressive competitive marketing.
Sellers shall be solely responsible for terminating all Service Contracts, except for Assumed Service Contracts, affecting each Property.
The Parties shall amend Schedule 3 to this Agreement to set forth on such schedule the Assumed Service Contracts.
Any payments or penalties incurred in connection with the termination of any Service Contract, other than the Assumed Service Contracts, shall be borne by Sellers.