Common use of TRANSFER OF EXCLUDED REAL PROPERTY Clause in Contracts

TRANSFER OF EXCLUDED REAL PROPERTY. Prior to the Closing, Seller shall use commercially reasonable efforts to cause all real property which is (i) an Excluded Asset and (ii) owned by any member of the Stock Group to be transferred, in accordance with applicable

TRANSFER OF EXCLUDED REAL PROPERTY. Prior to the Closing, Seller shall use commercially reasonable efforts to cause all real property which is (i) an Excluded Asset and (ii) owned by any member of the Stock Group to be transferred, in accordance with applicableapplicable law (including ISRA), to an entity which is not a member of the Stock Group. Any cost or Liabilities associated with such transfer prior to, at or after Closing shall be borne solely by Seller.