Common use of Required Contracts Clause in Contracts

Required Contracts. Sellers shall have assigned to Purchaser each of the contracts listed on SCHEDULE 7.1.5 attached hereto or, alternatively, the Purchaser shall have received satisfactory assurances that it will be granted a new contract on terms substantially as favorable, when taken as a whole, as that with the respective Seller, of each such contract.

Appears in 1 contract

Sources: Asset Purchase Agreement (Aviall Inc)

Required Contracts. Sellers shall have assigned to Purchaser each of the contracts listed on SCHEDULE 7.1.5 Schedule 7.13 attached hereto or, alternatively, the Purchaser shall have received satisfactory assurances that it will be granted a new contract on terms substantially as favorable, when taken as a whole, as that with the respective Seller, of each such contract.

Appears in 1 contract

Sources: Asset Purchase Agreement (Maple Leaf Aerospace Inc)