Common use of Transfer Consideration Clause in Contracts

Transfer Consideration. Lessor and Lessee acknowledge that (a) the Transfer Consideration Facilities currently consist of the Group 1 Facilities and the Group 2 Facilities only, (b) the Group 3 Facilities, the Group 4 Facilities, the Group 5 Facilities, the Chestnut Hill Facility, the ▇▇▇▇▇▇▇ Lake Facility, the Group 8 Facilities and the Fox Run Facility are not deemed Transfer Consideration Facilities, and (c) Lessee shall have no obligation to pay Transfer Consideration in connection with any Transfer relating to such Group 3 Facilities, Group 4 Facilities, Group 5 Facilities, Chestnut Hill Facility, ▇▇▇▇▇▇▇ Lake Facility, Group 8 Facilities or Fox Run Facility.

Appears in 1 contract

Sources: Master Lease (Emeritus Corp\wa\)

Transfer Consideration. Lessor and Lessee acknowledge that (a) the Transfer Consideration Facilities currently consist of the Group 1 Facilities and the Group 2 Facilities only, (b) the Group 3 Facilities, the Group 4 Facilities, the Group 5 Facilities, the Chestnut Hill Facility, the ▇▇▇▇▇▇▇ Lake Facility, the Group 8 Facilities and Facilities, the Fox Run Facility and the Group 10 Facilities are not deemed Transfer Consideration Facilities, and (c) Lessee shall have no obligation to pay Transfer Consideration in connection with any Transfer relating to such Group 3 Facilities, Group 4 Facilities, Group 5 Facilities, Chestnut Hill Facility, ▇▇▇▇▇▇▇ Lake Facility, Group 8 Facilities or Facilities, Fox Run FacilityFacility or Group 10 Facilities.

Appears in 1 contract

Sources: Master Lease (Emeritus Corp\wa\)

Transfer Consideration. Lessor and Lessee acknowledge that (a) the Transfer Consideration Facilities currently consist of the Group 1 Facilities and the Group 2 Facilities only, (b) the Group 3 Facilities, the Group 4 Facilities, the Group 5 Facilities, the Chestnut Hill Facility, the ▇▇▇▇▇▇▇ Lake Facility, Facility and the Group 8 Facilities and the Fox Run Facility are not deemed Transfer Consideration Facilities, and (c) Lessee shall have no obligation to pay Transfer Consideration in connection with any Transfer relating to such Group 3 Facilities, Group 4 Facilities, Group 5 Facilities, Chestnut Hill Facility, the ▇▇▇▇▇▇▇ Lake Facility, Facility or Group 8 Facilities or Fox Run FacilityFacilities.

Appears in 1 contract

Sources: Master Lease (Emeritus Corp\wa\)