Examples of Unassigned Asset in a sentence
Further, to the extent a party is required to give notice of intent not to renew or extend any term of an Unassigned Asset or unnovated Federal Government Contract at the end of a current term, such party may provide such notice in accordance with the terms and conditions of such underlying asset.
Once such Consent, release, substitution or amendment is obtained, Seller shall sell, assign, transfer, convey and deliver to Buyer the relevant Unassigned Asset to which such Consent, release, substitution or amendment relates for no additional consideration.
If permissible pursuant to the terms of the Contract governing such Unassigned Asset or otherwise, Buyer shall, as agent or subcontractor for Seller, pay, perform and discharge fully the liabilities and obligations of Seller thereunder from and after the Closing Date.
To the extent permitted under applicable Law, Seller shall hold in trust for and pay to Buyer promptly upon receipt thereof, such Unassigned Asset and all income, proceeds and other monies received by Seller to the extent related to such Unassigned Asset in connection with the arrangements under this Section 2.10.
Subject to the adjustments required by Section 1.9, as between the parties hereto, any Unassigned Assets shall nonetheless be treated as though such Unassigned Asset was assigned and transferred, and was, in fact, a Transferred Asset and the liabilities arising thereunder and related thereto constituted Permitted Liabilities to the same extent as provided in Section 1.7(c).
Together, these fifteen counties accounted for 60.8 % (3,165) of the total unreported cases in Ohio for 2005.
In connection with the foregoing, Seller may take such action as Seller deems appropriate to satisfy the obligations with respect to any Unassigned Asset, including, without limitation, assigning any Unassigned Asset that is a contract or lease to a third party or arranging for a third party to perform the obligations thereunder, and the Buyer shall not be liable for any damages incurred by Seller in connection therewith.
Subject to the adjustments required by Section 3.6, as between the parties hereto, any Unassigned Assets shall nonetheless be treated as though such Unassigned Asset was assigned and transferred and was, in fact, a Purchased Asset and the liabilities arising thereunder constituted Assumed Liabilities to the same extent as provided in Section 2.2(c).
Once the authorisation, approval, consent, novation, or waiver for the conveyance, transfer, assignment, assumption, or delivery of any such Unassigned Asset is obtained, or such violation or breach is cured, the Sellers or the Buyer, as applicable, shall, or shall cause its applicable Associates to, complete the conveyance, transfer, assignment, assumption, or delivery of such Unassigned Asset to the intended transferee for no additional cost to the other party.
The respective obligations of Purchaser, on the one hand, and BellSouth, on the other hand, to consummate the purchase and sale of any Unassigned Asset (and all related Unassigned Assets) at any Subsequent Closing are further conditioned on BellSouth's having obtained, prior to or on the date of such Closing, all Consents of all counterparties or other third parties required to Transfer such Unassigned Asset.