Assignment by Assignor. Assignor assigns, transfers and conveys to Assignee all of Assignor’s right, title and interest in and to the following (collectively, the “Intangible Property”): (a) The Intangibles, including but not limited to the following: (i) All the licenses and permits pertaining to the Property listed on Schedule 1 attached to and made a part of this Assignment (the “Licenses and Permits”), (ii) All service contracts pertaining to the operation and/or maintenance of the Property listed on Schedule 2 attached to and made a part of this Assignment (the “Service Contracts”); (iii) All equipment leases pertaining to the operation and/or maintenance of the Property listed on Schedule 3 attached to and made a part of this Assignment (the “Equipment Leases”); and (iv) Any other agreements included in the Intangibles listed on Schedule 4 attached to and made a part of this Assignment (the “Other Agreements”); (b) The Bookings made in the ordinary course of business of the Hotel listed on Schedule 5 attached to and made a part of this Assignment; and (c) The Warranties described in Section 1.8 of the Agreement; and (d) The Books and Records.
Appears in 4 contracts
Sources: Purchase and Sale Agreement (Condor Hospitality Trust, Inc.), Purchase and Sale Agreement (Condor Hospitality Trust, Inc.), Purchase and Sale Agreement (Condor Hospitality Trust, Inc.)