Assumption of Agreements. At any closing with respect to a sale to a third party, the Offeror shall execute a counterpart to this Agreement and any Related Agreements to which the Sellers or their Affiliates are party and shall be bound by the provisions of and assume the obligations of the Sellers under all such Agreements, provided, that the Management Agreement shall not be assigned or assumed except in accordance with its terms. The Sellers and the Offeror shall execute such documents as the Buyers may reasonably request to evidence such assumption.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Dobson Communications Corp), Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc), Limited Liability Company Agreement (Dobson Communications Corp)