Examples of Purchased Contracts and Permits in a sentence
If a consent or approval is required by any party under any of the Contracts included in the Purchased Contracts and Permits and is not obtained on or before the Closing or if an attempted assignment is ineffective, Seller shall cooperate with Purchaser in any reasonable arrangement requested by Purchaser to provide for Purchaser the benefits under any such Contracts.
Purchaser's failure to obtain any or all of the Purchased Contracts and Permits and Governmental Authority consents or estoppel certificates as of the Closing Date shall not be a condition precedent to either party's obligation to close the transaction contemplated by this Agreement.
The closing of the purchase and sale of the Purchased Assets and the assignment and assumption of the Purchased Contracts and Permits, the Assigned Seller Claims and the Assumed Liabilities (the “Closing”) shall take place at the offices of Husch & Eppenberger, LLC, Peoria, Illinois, on June 20, 2003.
Seller and LOL shall use commercially reasonable efforts to obtain all Material Consents necessary to transfer the benefits of the Purchased Contracts and Permits to Buyer.
All of the foregoing are referred to herein collectively as the "Purchased Contracts and Permits." Anything in this Agreement to the contrary notwithstanding, this Agreement shall not constitute an agreement to assign any Contract or Permit or any claim or right or any benefit or obligation thereunder or resulting therefrom if an assignment thereof, without the consent of a third party thereto, would constitute a breach or violation thereof and if such a consent is not obtained at or prior to the Closing.
All of the foregoing are referred to herein collectively as the "Purchased Contracts and Permits." Notwithstanding anything in this Agreement to the contrary, this Agreement shall not constitute an agreement to assign any Contract or Permit or any claim or right or any benefit or obligation thereunder or resulting therefrom if an assignment thereof, without the consent of a third party thereto, would constitute a breach or violation thereof and if such a consent is not obtained at or prior to the Closing.
If a consent or approval is required by any party under any of the Contracts included in the Purchased Contracts and Permits and is not obtained on or before the Closing or if an attempted assignment is ineffective, Seller shall cooperate with Purchaser, with each party bearing its own costs, in any reasonable arrangement requested by Purchaser to provide for Purchaser the benefits under any such Contracts.