Assumption Documents definition

Assumption Documents has the meaning set forth in Section 2.10(b).

Assumption Documents shall have the meaning set forth in Section 10.3(g).

Assumption Documents means those instruments of assumption and other instruments and documents as may be necessary or appropriate to effect or to evidence assumption of the Assumed Liabilities by Buyers in accordance with the terms of this Agreement.

Examples of Assumption Documents in a sentence

• At the Closing (as defined below), the parties hereto shall direct the Title Company to release from Escrow and wire to Seller and the Cash Portion of the Purchase Price delivered to the Title Company pursuant to Section 2.3 above, record the Deed and all applicable Loan Assumption Documents, and deliver to Buyer and/or Seller, as applicable, all of the agreements, instruments and other documents delivered to the Title Company pursuant to Sections 7.3, 7.4, 7.5 and 7.6 below.

• All sums owing under the Restructure Note shall be due and payable on the first to occur of (i) the date that is 90 calendar days after the Restructure Closing, (ii) the date that is five (5) calendar days after the date upon which Accentia completes an initial public offering of its securities, and (iii) the date upon which an Event of Default under the Assumption Agreement or the other Assumption Documents occurs.

• Said subordination shall be of priority only and (i) payments to McKesson as required by the Assumption Documents, as amended by this Amendment, shall be permitted to continue, and (ii) McKesson shall not be obligated to agree to any restrictions on its ability to exercise its rights and remedies as it may in its discretion determine, so long as McKesson acts in accordance with the Assumption Documents and applicable law.

• Time is of the essence of each term of the Assumption Documents, including this Amendment.

• There are no third party beneficiaries of this Amendment nor of any of the Assumption Documents (or the Documents).

More Definitions of Assumption Documents

Assumption Documents means each of the Joinder Agreement, the Supplemental Indenture and the Registration Rights Agreement Joinder (each as defined in the Purchase Agreement) and the joinders and consents to the Second Lien Intercreditor Agreement (as defined in the Indenture) and to the Security Documents (as defined in the Indenture) and such other documents necessary to effect the CEOC Assumption (as defined below).

Assumption Documents shall have the meaning set forth in Section 11.5 of the Participation Agreement.

Assumption Documents. (as defined in the Assumption Agreement; this Guaranty constituting one of the Assumption Documents; and the Original Loan Documents, the Assumption Agreement and the other Assumption Documents are referred to herein collectively as the "Loan Documents").

Assumption Documents has the meaning set forth in Section 1.3(b)(iii).

Assumption Documents means a written statement or documents from each Existing Lender (and any other party whose consent is required under the Existing Loan Documents): (i) confirming (1) the Existing Loan Documents with respect to the Existing Mortgage Indebtedness of the applicable Subsidiary or the Property, (2) the amount of the Existing Mortgage Indebtedness, (3) the date to which interest and principal has been paid, (4) the terms of payment and the date of maturity, and (5) the amount of any escrows being held by such Existing Lender under the Existing Loan Documents; and, as applicable, (ii) consenting to the assumption of the Existing Mortgage Indebtedness in connection with the consummation of the Partnership Merger and the transactions contemplated herein. EXECUTION COPY

Assumption Documents means each of the (i) Joinder Agreement (as defined in the Purchase Agreement), (ii) the Supplemental Indenture (as defined in the Purchase Agreement), (iii) the Registration Rights Agreement (as defined in the Indenture), (iv) the Second Lien Intercreditor Agreement (as defined in the Purchase Agreement), (v) the 1.5 Intercreditor Joinder (as defined in the Purchase Agreement), (vi) a designation certificate with respect to the Indenture to be delivered by the Company, and (vii) either (A) the Credit Agreement Amendment Assumption Documents, if the Credit Agreement Amendment (as defined below) is entered into on the Assumption Date or (B) the ABL Facility Assumption Documents, if the ABL Facility is entered into on the Assumption Date.

Assumption Documents shall have the meaning given such term in Section 9.2(c).