Description of Leased Real Property. Schedule 3.5 contains an accurate description (by location, name of lessor, date of Lease and term expiry date) of the sole real property lease of Seller. It is agreed that Buyer will assume such lease for a period of ninety (90) days, with an option to assume the full balance of such lease term under the current lease terms and conditions.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Pacel Corp), Asset Purchase Agreement (Pacel Corp)