Disapproved Contracts definition
Examples of Disapproved Contracts in a sentence
Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts on or before the Closing.
Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts on or before the Closing, but the actual termination of the same shall not be a condition to Closing.
Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts (that are not Non-Terminable Contracts) on or before the Closing and shall terminate the same as of Closing.
At Closing, Seller shall provide evidence reasonably acceptable to Purchaser that the Disapproved Contracts have been terminated or that Seller has taken reasonable actions to terminate them and their termination will be effective with the passage of time.
Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts upon the Closing, and Seller shall pay any fees associated with such termination(s), except for any termination of the elevator service contract with ▇▇▇▇▇▇▇▇▇ Elevator Corporation which Buyer shall pay.
Seller lawfully -------------------------------------- terminating, or causing the lawful termination of, any and all Disapproved Contracts and any other written agreements affecting the Property required by Purchaser to be terminated with an effective date of termination being on or before the Closing.
Failure by Seller to agree to so terminate the Disapproved Contracts within the specified period shall be deemed to be a failure of this condition and this Agreement shall automatically be terminated at no cost to Purchaser or Seller, unless Purchaser withdraws its disapproval or rejection in writing prior to the expiration of the Conditions Period.
Seller shall, at its sole cost and expense and prior to the Closing, terminate all Disapproved Contracts.
Seller agrees to terminate all Disapproved Contracts which are terminable without payment or penalty at the Closing Date.
Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts prior to Closing.