Common use of Post Closing Obligations of the Parties Clause in Contracts

Post Closing Obligations of the Parties. In the event that after the Closing any Equipment Agreement that prior to Closing was not assignable to the Company becomes assignable, the Purchaser shall as soon as practicable assign such Equipment Agreement to the Company and transfer the balance, as of the date of assignment, if any, of the Future Payments related thereto back to the Company, provided, that, upon assignment, the Purchaser is completely released from any obligations under such Equipment Agreement. For the avoidance of doubt, to the extent that the Call Option Purchase Price exceeds the Note Purchase Price, such amounts shall not be deemed paid by the Company as part of the Investment.