Examples of Designated Leases in a sentence
For the avoidance of doubt, (i) all Contracts and Leases not set forth on Schedule 2.7(b) immediately prior to the Closing shall be a Designated Contract or Designated Lease, as applicable, and (ii) all Designated Contracts assumed and assigned to Buyer or its designee pursuant to this Section 2.7(c) shall be Transferred Contracts, and all Designated Leases assumed and assigned to Buyer pursuant to this Section 2.7(c) shall be Assumed Leases.
During the Designation Rights Period, Sellers shall provide unrestricted access to all properties governed by any Designated Leases to allow the Buyer and its Representatives to operate the Business during the period from and after Closing through the effective date of the applicable Designated Lease’s assumption and assignment to Buyer or rejection by any Seller in accordance with this Agreement.Section 2.8 Allocation.
For the avoidance of doubt, all Designated Contracts assumed and assigned to Buyer pursuant to this Section 2.7(d) shall be Transferred Contracts, and all Designated Leases assumed and assigned to Buyer pursuant to this Section 2.7(d) shall be Assumed Leases.
A certified copy of this Supplementary Assumption and Assignment Order may be filed with the appropriate Recording Officers to evidence cancellation of any recorded Claims against the Designated Leases recorded prior to the date of this Supplementary Assumption and Assignment Order.
Notice of the Sale, Auction, and Cure Relating to Designated Leases, and Resolution of Objections E.