Assumed Contract Clause Samples
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Assumed Contract. The Seller will have executed amendments reasonably satisfactory in form and substance to the Buyer to each of the contracts listed on Schedule 2.1(c) in order to remove any retail obligations from such contracts. The Buyer may waive any condition specified in this Section 6.1 if it executes a writing so stating at or prior to the Closing. Such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing specifically so states.
Assumed Contract. The lease for the Leased Transmitter Site listed on Schedule 2.1.7 hereto (the "Assumed Contract").
Assumed Contract. At the Closing, Purchaser shall assume the obligations of Seller for periods on and after the Closing Date under the Assumed Contract, and Purchaser agrees to pay and perform the Assumed Contract from and after the Closing Date. Except as specifically set forth in the preceding sentence, Purchaser does not assume and shall in no event be liable for any Liability of the Station or Seller.
Assumed Contract. The Assumed Contract is a valid and binding agreement of Seller and to Seller's Knowledge is in full force and effect, and to Seller's Knowledge neither Seller nor any other party thereto is in material default or breach under the terms of such Assumed Contract, and, to Seller's Knowledge, no event or circumstance has occurred that, with notice or lapse of time or both, would constitute any material event of default thereunder. As of the date of this Agreement, to Seller's Knowledge, Seller has not received notice that any party to the Assumed Contract intends to terminate the Assumed Contract. True and complete copies of such Assumed Contract have been delivered to Buyer.
Assumed Contract. Upon the terms and subject to the conditions of this Agreement, Acquisition Subsidiary agrees, effective at the time of the Closing, to assume only the liabilities set forth on Exhibit B (the "ASSUMED CONTRACT").
Assumed Contract. Assumed Contract" shall have the meaning set forth in Section 1.1(b) to the Agreement.
Assumed Contract. 5 ARTICLE 3.
Assumed Contract. 11 Section 3.08. Compliance with Laws and Court Orders..........................12 Section 3.09. Properties.....................................................12 Section 3.10. Sufficiency of and Title to the Purchased Assets...............13 Section 3.11.
Assumed Contract. The parties acknowledge and agree that Seller has previously assigned the Assumed Contract to Biomune. To the extent that any additional actions may hereafter become necessary or reasonably advisable inorder to complete such assignment, the parties agree to take such actions.
Assumed Contract. “Assumed Contract” shall mean any Seller Contract that is an Asset, as set forth on Section 1.1(b) hereof.