Common use of Initial Transaction Clause in Contracts

Initial Transaction. Pursuant to a separate instrument of even date herewith, Lessor has assigned to Lessee, and Lessee has assumed, certain agreements, which may include leases, service contracts, occupancy agreements and operating agreements, to which the leased Property remains subject after the date hereof ***[, and Lessor has also sold to Lessee certain Furniture and Equipment]***./**/

Appears in 2 contracts

Sources: Merger Agreement (American General Hospitality Corp), Merger Agreement (Capstar Hotel Co)

Initial Transaction. Pursuant to a separate instrument By the execution of even date herewiththis Lease, Lessor has assigned is hereby assigning to Lessee, and Lessee has assumedis hereby assuming, certain agreements, which may include all existing equipment leases, service contracts, occupancy agreements and operating agreements, other agreements to which the leased Leased Property remains is subject after on the date hereof ***[, and Lessor has also sold to Lessee certain Furniture and Equipment]***./**/hereof.

Appears in 1 contract

Sources: Stock Purchase Agreement (Keystone Inc Et Al)