Assumption by Transferee. All Transferees shall be required to assume in writing (the “Assumption Agreement”), the outstanding obligations of the Distributor to VMSC under this Agreement and under the Master Agreement and Unbranded Supply Agreement (as defined in the Master Agreement). The form of the Assumption Agreement must be reasonably acceptable to VMSC. Within 30 days after the effective date of any Transfer, Distributor (or the Transferee) shall deliver to VMSC a copy of the Assumption Agreement, executed by Distributor and the Transferee.
Appears in 2 contracts
Sources: Master Agreement (CST Brands, Inc.), Master Agreement (CST Brands, Inc.)
Assumption by Transferee. All Transferees shall be required to assume in writing (the “Assumption Agreement”), the outstanding obligations of the Distributor to VMSC under this Agreement and under the Master Agreement and Unbranded Supply Agreement (as defined in the Master Agreement). The form of the Assumption Agreement must be reasonably acceptable to VMSC. Within 30 days after the effective date of any Transfer, Distributor (or the Transferee) shall deliver to VMSC a copy of the Assumption Agreement, executed by Distributor and the Transferee.. Valero/Corner Store
Appears in 1 contract
Sources: Master Agreement (CST Brands, Inc.)