Common use of Transfer Consideration Clause in Contracts

Transfer Consideration. The total consideration (the "TRANSFER CONSIDERATION") to be paid to Transferor by New Operator for the Prepaid Expenses (collectively, the "TRANSFERRED ASSETS") shall be an amount equal to the Prepaid Expenses set forth in the Prepaid Expense Schedule and any Approved Additional Prepaid Expenses set forth in the Updated Prepaid Expense Schedule.

Appears in 7 contracts

Sources: Operations Transfer Agreement (Emeritus Corp\wa\), Operations Transfer Agreement (Emeritus Corp\wa\), Operations Transfer Agreement (Emeritus Corp\wa\)