Common use of Acquisition Consideration Clause in Contracts

Acquisition Consideration. The assumption of obligations set forth in the Loan Documents (subject to the prohibition on any further loan advances or modifications following the Effective Date) and payoff of the Promissory Note, Mortgage and Loan Document obligations by Tenant.

Appears in 3 contracts

Sources: Asset Transfer Agreement, Asset Transfer Agreement, Lease Agreement

Acquisition Consideration. The assumption of obligations set forth in the Loan Documents (subject to the prohibition on any further loan advances or modifications following the Effective Date) and payoff of the Promissory NoteBonds, Mortgage and Loan Document obligations by Tenant.

Appears in 2 contracts

Sources: Asset Transfer Agreement, Asset Transfer Agreement