Assignable Agreements Clause Samples

Assignable Agreements. Subject to the terms and conditions of this Agreement, to the extent assignable and subject to the need to obtain any consent from a third party, Seller shall assign and transfer, or cause to be assigned and transferred, to Buyer on the Closing Date all of Seller's rights, title and interest in and to all service agreements, contracts, leases or other agreements affecting or pertaining to the Facility (collectively “Assignable Agreements”) which are set forth in Schedule 1.1(c) attached hereto. As of the Closing Date, Buyer shall assume all of Seller's obligations under the Assignable Agreements.

Assignable Agreements. All Assignable Agreements, including amendments, correspondence, consents, or other documents relating to the items described in subsections (i) and (ii) above, in each case to the extent in Seller’s possession or control and assignable or transferable by Seller.

Assignable Agreements. Any amounts prepaid, accrued or due and payable under the Assignable Agreements (other than for utilities which proration is addressed separately in Section 9.2 shall be prorated as of the Closing Date between Seller and Buyer. Buyer shall receive a credit for all deposits held by Seller under the Assignable Agreements which are transferred to Buyer, and Buyer thereafter shall be obligated to refund or apply such deposits in accordance with the terms of such Assignable Agreements. Seller shall receive a credit for all deposits made by Seller under the Assignable Agreements which are transferred to Buyer or remain on deposit for the benefit of Buyer.