Nonassignable Assets definition

Nonassignable Assets has the meaning set forth in Section 2.5(b).

Nonassignable Assets has the meaning specified in Section 7.12.

Nonassignable Assets has the meaning assigned in Section 2.6(c).

Examples of Nonassignable Assets in a sentence

• Seller shall take such actions as Purchaser may reasonably request so as to provide Purchaser with the benefits of the Nonassignable Assets and to effect collection of money or other consideration that becomes due and payable under the Nonassignable Assets, and Seller shall promptly pay over to Purchases all money or other consideration received by it in respect of all Nonassignable Assets.

• Seller shall take or cause to be taken at Purchaser’s expense such actions in its name or otherwise as Purchaser may reasonably request so as to provide Purchaser with the benefits of the Nonassignable Assets and to effect collection of money or other consideration that becomes due and payable under the Nonassignable Assets, and Seller or the applicable Affiliate of Seller shall promptly pay over to Purchaser all money or other consideration received by it in respect of all Nonassignable Assets.

• To the extent permitted by applicable Law, in the event consents to the assignment thereof cannot be obtained, such Nonassignable Assets shall be held, as of and from the Closing Date, by Seller or the applicable Affiliate of Seller in trust for Purchaser and the covenants and obligations thereunder shall be performed by Purchaser in Seller’s or such Affiliate’s name and all benefits and obligations existing thereunder shall be for Purchaser’s account.

• As of and from the Closing Date, the Company authorizes Purchaser, to the extent permitted by applicable Law and the terms of the Nonassignable Assets, at Purchaser’s expense, to perform all the obligations and receive all the benefits of the Company under the Nonassignable Assets and appoints Purchaser its attorney-in-fact to act in its name on its behalf with respect thereto.

• To the extent permitted by applicable Law, in the event consents to the assignment thereof cannot be obtained, such Nonassignable Assets shall be held, as of and from the Closing Date, by the Company in trust for Purchaser and the covenants and obligations thereunder shall be performed by Purchaser in the Company’s name and all benefits and obligations existing thereunder shall be for Purchaser’s account.

More Definitions of Nonassignable Assets

Nonassignable Assets. Section 2.6(c) "Non-Transferred Employees" Section 5.4(a) "Purchase Price" Section 2.3 "Purchased Assets" Section 2.1 "Purchased Leased Equipment" Section 5.5(b) "Required Consents" Section 3.4(b) "Seller" Preamble "Seller Name" 5.8(a) "Third-Party Claim" Section 9.4(a) "Transferred Employees" Section 5.4(a)

Nonassignable Assets has the meaning set forth in Section 10.3(b).

Nonassignable Assets has the meaning specified in Section 2.06(a). "Occupancy Agreements" has the meaning specified in Section 4.23. "Outside Date" means one (1) year from the Effective Date.

Nonassignable Assets shall have the meaning defined in Section 1.10 of the Agreement.

Nonassignable Assets is defined in Section 8.4.

Nonassignable Assets. Section 2.6(c) “Purchase Price” Section 2.3 “Purchased Assets” Section 2.1

Nonassignable Assets is defined in Section 1.10(a).