Common use of Purchase of Assets Clause in Contracts

Purchase of Assets. Upon the termination of this Agreement, subject to the provisions of subparagraphs (a) through (e) set forth below, if Administrator is the defaulting party, the Group shall have the option to require Administrator and/or Parent to sell to the Group, and if the Group is the defaulting party, Administrator and/or Parent shall have the option to require the Group to purchase from Administrator and/or Parent, the Purchase Assets and assume the Practice Related Liabilities below:

Appears in 14 contracts

Samples: Service Agreement (American Physician Partners Inc), Service Agreement (Radiologix Inc), Service Agreement (American Physician Partners Inc)

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Purchase of Assets. Upon the termination of this Agreement, subject to the provisions of subparagraphs (a) through (e) set forth below, if Administrator is the defaulting party, the Group shall have the option to require Administrator and/or Parent to sell to the Group, and if the Group is the defaulting party, Administrator and/or Parent shall have the option to require the Group to purchase from Administrator Administrator, and/or Parent, Parent the Purchase Assets and assume the Practice Related Liabilities below:

Appears in 4 contracts

Samples: Service Agreement (Radiologix Inc), Service Agreement (American Physician Partners Inc), Service Agreement (American Physician Partners Inc)

Purchase of Assets. Upon the termination of this Agreement, subject to the provisions of subparagraphs (a) through (e) set forth below, if Administrator and/or Parent is the defaulting party, the Group shall have the option to require Administrator and/or Parent to sell to the Group, and if the Group is the defaulting party, Administrator and/or Parent shall have the option to require the Group to purchase from Administrator Administrator, and/or Parent, Parent the Purchase Assets and assume the Practice Related Liabilities below:

Appears in 1 contract

Samples: Service Agreement (American Physician Partners Inc)

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Purchase of Assets. Upon the termination of this Agreement, subject to the provisions of subparagraphs (a) through (e) set forth below, if Administrator is the defaulting party, the Group shall have the option to require Administrator and/or Parent to sell to the Group, and if the Group is the defaulting party, Administrator and/or Parent shall have the option to require the Group to purchase from Administrator and/or Parent, Parent the Purchase Assets and assume the Practice Related Liabilities below:

Appears in 1 contract

Samples: Service Agreement (American Physician Partners Inc)

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