Permit Transfer. Subject to the terms and conditions of this Agreement, the parties shall use commercially reasonable efforts to transfer or assign to, or have issued or reissued in the name of, Buyer or the Transferred Subsidiaries all Business Permits and Transferred DERs no later than the Closing, to the extent permitted by applicable Law.
Appears in 2 contracts
Sources: Securities and Asset Purchase Agreement (Triumph Group Inc), Securities and Asset Purchase Agreement (Aar Corp)