Termination of Service Contracts. At the Closing, Seller shall terminate all Service Contracts identified by Purchaser (other than those described on Exhibit G attached hereto and those Service Contracts where the Mirador Master Association, Inc. is the contracting party), at no cost or expense to Purchaser. Purchaser shall pay any transfer or assignment charges due in connection with its assumption of any Service Contracts.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Morgans Hotel Group Co.)