Prior Management Agreements. Effective as of the Closing Date, there shall be no Prior Management Agreements and no other agreements, letters, certificates or other documents of any kind, relating to the Containers which will be binding on Transferee or which will create a lien, charge, security interest or other encumbrance in or on the Containers or any part thereof after the Closing. To Transferor's knowledge, there are no set-offs, defenses or counterclaims available against amounts owed to Transferor in respect of the operation of the Containers prior to the Closing Date. No prepayment of rent or prepayment of casualty value under the Prior Management Agreements has been made by Cronos U.K. or any other party for any period subsequent to the Closing Date.
Appears in 4 contracts
Samples: Container Purchase Agreement (Iea Income Fund Vi), Container Purchase Agreement (Iea Income Fund Vii), Container Purchase Agreement (Iea Income Fund Vii)
Prior Management Agreements. Effective as of the Closing Date, there shall be no Prior Management Agreements and no other agreements, letters, certificates or other documents of any kind, relating to the Containers which will be binding on Transferee Buyer or which will create a lien, charge, security interest or other encumbrance in or on the Containers or any part thereof after the Closing. To Transferor's Seller’s knowledge, there are no set-offs, defenses or counterclaims available against amounts owed to Transferor Seller in respect of the operation of the Containers prior to the Closing Date. No prepayment of rent or prepayment of casualty value under the Prior Management Agreements has been made by Cronos U.K. CCL or any other party for any period subsequent to the Closing Date.
Appears in 3 contracts
Samples: Container Purchase Agreement (Iea Income Fund X Lp), Container Purchase Agreement (Iea Income Fund Viii), Container Purchase Agreement (Iea Income Fund Ix L P)
Prior Management Agreements. Effective as of the Closing Date, there shall be no Prior Management Agreements and no other agreements, letters, certificates or other documents of any kind, relating to the Containers which will be binding on Transferee or which will create a lien, charge, security interest or other encumbrance in or on the Containers or any part thereof after the Closing. To Transferor's knowledge, there are no set-offs, defenses or counterclaims available against amounts owed to Transferor in respect of the operation of the Containers prior to the Closing Date. No prepayment of rent or prepayment of casualty value under the Prior Management Agreements has been made by Cronos U.K. or any other party for any period subsequent to the Closing Date.. 5.07
Appears in 1 contract
Samples: Container Purchase Agreement
