Examples of Facility Purchaser in a sentence
To the extent that Purchaser does not own the Premises or Facility, Purchaser shall provide to Seller immediate written notice of receipt of notice of eviction from the Premises or Facility or termination of Purchaser’s lease of the Premises and/or Facility.
If Purchaser does not own the Premises or Facility, Purchaser has obtained all required consents from the owner of the Premises and/or Facility to grant the License and enter into and perform its obligations under this Agreement.
Said easements may be assigned to the Facility Purchaser upon closing of a sale to the Facility Purchaser, and from and after such assignments, D-K I shall be relieved of any and all obligations and liabilities accruing on or after the effective date of such assignments, and Buyer hereby releases D-K I therefrom.
Prior to the time at which any Energy will be delivered to Purchaser from the Facility, Purchaser will schedule and shall be obligated to take delivery of the Energy to be delivered under this Agreement.
Purchaser further agrees that it shall not use any Covered Halliburton Facility for any residential, health care, childcare or school purposes, and upon the transfer of any such Covered Halliburton Facility, Purchaser shall impose such restrictions on the use of such Covered Halliburton Facility for residential, health care, childcare or school purposes upon the transferee as a condition to the transfer.
Notwithstanding whether there have been any demands or payments under any of the bonds issued under the Bonding Facility, Purchaser shall pay to Seller $2,400,000 on the earlier of (a) December 31, 2020 and (b) the date on which the bond identified on Section 6.17 of the Disclosure Schedule is released.
If the Closing hereunder occurs prior to the closing of a sale to the Facility Purchaser, or if a sale of the Facility does not occur, the Ground Leases shall be by and between Buyer and D-K I, and will, upon the closing of the sale to the Facility Purchaser, be assigned to the Facility Purchaser.
Further, to the extent Purchaser must obtain any permits or licenses necessary to Manufacture the Products at the Facility, Purchaser shall obtain and maintain all such registrations, permits, licenses and authorizations and Cardinal Health agrees to provide Purchaser all reasonable assistance required to obtain or maintain such registrations, permits, licenses, and authorizations.
All conditions in Article 9 of the Facility Purchase Agreement to the consummation of the “Closing” under, and as such term is defined in, the Facility Purchase Agreement shall have been fulfilled or waived in a manner acceptable to Purchaser, and Seller and Facility Purchaser shall be ready to and shall effect such Closing contemporaneously with the Closing under this Agreement.
If the closing of a sale to the Facility Purchaser occurs prior to the Closing hereunder, the Storage Leases shall be by and between Buyer and the Facility Purchaser.