Certain Continuing Obligations. Notwithstanding anything to the contrary (including, without limitation, Section 1.1 hereof), the parties acknowledge and agree that CIBT’s obligations under Section 6 of that certain Debenture, dated April 24, 2007, by CIBT School of Business & Technology Corp. and Section 8.9 of the Purchase Agreement (as defined Schedule A) shall survive the Reorganization. S▇▇▇▇ agrees that CIBT may assign to CAG, and CAG may assume, such obligations upon written notice to S▇▇▇▇ duly executed by CAG and CIBT.
Appears in 1 contract
Sources: Reorganization Agreement (Camden Partners Strategic Manager, LLC)
Certain Continuing Obligations. Notwithstanding anything to the contrary (including, without limitation, Section 1.1 hereof), the parties acknowledge and agree that CIBT’s obligations under Section 6 of that certain Debenture, dated April 24, 2007, by CIBT School of Business & Technology Corp. and Section 8.9 of the Purchase Agreement (as defined Schedule A) shall survive the Reorganization. S▇▇▇▇▇ agrees that CIBT may assign to CAG, and CAG may assume, such obligations upon written notice to S▇▇▇▇▇ duly executed by CAG and CIBT.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (CIBT Education Group Inc.)