Entertainment Assets definition
Examples of Entertainment Assets in a sentence
Except as heretofore disclosed to Parent in the Company Disclosure Schedules, (i) the Company is not a party to any agreement which provides for the sale of the Entertainment Assets and (ii) no broker, investment banker, financial advisor or other Person is entitled to any broker's, finder's, financial advisor's or other similar fee or commission in connection with the sale of the Entertainment Assets.
Parent is not a party to any agreement which provides for the sale of the Entertainment Assets.
With respect to any claim under the CCU Policies relating to the Entertainment Business or the Entertainment Assets, CCU shall have sole responsibility for claims administration of such policies (but financial responsibility for such Actions shall be governed by Schedule 7.3(e).
Sellers shall continue to operate and maintain the Sites (as defined in the definition of Entertainment Assets) at Purchaser's expense (Seller warrants that such costs shall not exceed $1,500 per month) from February 1, 2001 through the Closing Date in the same manner as they have been operated and maintained through the date hereof without interruption and shall not change or otherwise alter any Site without the prior written consent of Purchaser.
Except as specifically set forth in the Entertainment Asset Sale Agreement or on Section 4.23 of the Company Disclosure Schedule, upon consummation of the Entertainment Asset Sale, neither the Company nor any of its Subsidiaries will have any liability (absolute or contingent) with respect to the Entertainment Assets.
With respect to any claim under the CCU Policies relating to the Entertainment Business or the Entertainment Assets, CCU shall have sole responsibility for claims administration and financial administration of such policies and such administration shall be governed solely by the terms of Sections 7.4(d) and 7.4(e).