Debt Assumption. The parties acknowledge that the ▇▇▇▇▇▇ County and Powder River County real estate that will be transferred into the Company is subject to a loan. The parties agree that the Company will assume the loan when the real estate is transferred to the Company.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement
Debt Assumption. The parties acknowledge that the ▇▇▇▇▇▇ Carter County and Powder River County real estate that will be transferred into the Company is subject to a loan. The parties agree that the Company will assume the loan when the real estate is transferred to the Company.
Appears in 1 contract
Sources: Operating Agreement