Assumed Commitments definition

Assumed Commitments has the meaning specified in Section 2.3(c).
Sample 1
Assumed Commitments means the Ground Leases, the Tower Leases, and the Commitments listed on Schedule 3.5(b) attached hereto.
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Assumed Commitments means all commitments and all amendments, modifications, renewals, and extensions thereof, as reflected on the books and records of the Purchased Branch, that were legally binding on the Seller as of the Closing Date.
Sample 1

Examples of Assumed Commitments in a sentence

  • Purchaser hereby assumes and discharges the Tower Leases listed on Schedule 3.3 hereto (the "Assumed Commitments").

  • Seller warrants and agrees to pay and discharge when due all claims of creditors that could be asserted against Purchaser by reason of such non-compliance to the extent that such liabilities are not Assumed Commitments.

  • Company agrees to assume all liabilities under and with respect to the Assets arising with respect to periods subsequent to the date of the transfer of the Assets to Transferee (the "Assumed Commitments").

  • However, Purchaser specifically does not assume or agree to pay or discharge any debts, liabilities, or obligations of Seller other than the Assumed Commitments.

  • Buyer shall not assume or be obligated to pay, perform or otherwise discharge any liability or obligation of DBBC, direct or indirect, known or unknown, absolute or contingent, not expressly included in the Assumed Liabilities and Assumed Commitments (all such liabilities and obligations not being assumed being herein called the "Excluded Liabilities").

  • At the Closing, Seller has delivered to Purchaser: (i) all keys to each site, facilities, and equipment transferred to Purchaser; (ii) all security and access codes, if any, applicable to each site, facilities, and equipment; and (iii) originals of all Tower Leases, and other Assumed Commitments.


More Definitions of Assumed Commitments

Assumed Commitments means all commitments and all amendments, modifications, renewals, and extensions thereof, as reflected on the books and records of the Purchased Branches, that were legally binding on the Seller as of the Closing Date.
Sample 1
Assumed Commitments has the meaning set forth in Section ------------------- 2.3.
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Assumed Commitments means promotional, demonstration, market development, coop and similar commitments of the Business, if any, in existence on the Closing Date.
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Assumed Commitments means the contracts, agreements, orders and commitments listed in the attached Exhibit C. "AutoPap System" means NeoPath's system for the automated interpretation of cervical papanicolaou (Pap) smear slides as more particularly described in the attached Exhibit Z. "Xxxx of Sale" means the Xxxx of Sale attached as Exhibit G. "Buyer's Closing Certificate" means a certificate substantially in the form attached as Exhibit DD. "Buyer's Facility" means Buyer's place of business located at 0000 000xx Xxxxxx X.X., Xxxxxxx, Xxxxxxxxxx. "Closing" means the Closing described in Section 6 of the Purchase Agreement. "Closing Date" means June 23, 1997, or such other date as the Parties may agree upon in writing for the Closing.
Sample 1

Related to Assumed Commitments

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Increased Commitments has the meaning assigned to such term in Section 2.19(a).

  • Unused Commitments means an amount equal to all unadvanced funds (other than unadvanced funds in connection with any construction loan) which any third party is obligated to advance to Borrower or another Person or otherwise pursuant to any loan document, written instrument or otherwise.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $350,000,000.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment as of the Closing Date is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $75,000,000. The Revolving Commitment of each Lender will be equal to zero on the Revolving Commitment Termination Date.

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Extended Commitments shall have the meaning provided in Section 2.17.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Aggregate Revolving Commitment means the sum of the Revolving Commitments of all the Revolving Lenders.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).