Common use of Real Estate Contracts Clause in Contracts

Real Estate Contracts. All of the leasehold interests in real property leased by Seller and used by the Station, including all agreements, leases, and contracts of Seller relating to the tower, transmitter, studio site, and offices of the Station (the "Real Estate Contracts"), other than security or other deposits made with respect to such Real Estate Contracts, all as described in Section 1.1(c) of the Disclosure Schedule. Buyer shall assume, pay and perform all obligations under such Real Estate Contracts arising after the Closing Date.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Osborn Communications Corp /De/), Asset Purchase Agreement (Osborn Communications Corp /De/)

Real Estate Contracts. All of the leasehold interests in real property leased by Seller and used by the Station, including all material agreements, leases, and contracts of Seller relating to the tower, transmitter, studio site, and offices of the Station (the "Real Estate Contracts"), other than security or other deposits made with respect to such Real Estate Contracts, all as described in Section 1.1(c) of the Disclosure Schedule. Buyer shall assume, pay and perform all obligations under such Real Estate Contracts arising after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Osborn Communications Corp /De/)