Karrington definition

Karrington and any marks associated therewith in the operation of a Facility upon such Lender's or trustee's taking of possession or taking over management of a Facility or acquiring title thereto at a foreclosure sale which license shall be in effect for a period of thirty (30) months from the date thereof. The Borrowers further agree that a third-party purchaser of a Facility may continue to operate the Facility under the name of any Borrower unless such Borrower objects in writing thereto.
View Source
Karrington trademarks or tradenames), licensing agreements, rights in intellectual property, goodwill, as that term is defined in accordance with GAAP (including all goodwill of the Borrowers' business symbolized by, and associated with, any and all trademarks, trademark licenses, copyrights and/or service marks), royalty payments, contractual rights, rights as lessee under any lease of real or personal property, literary rights, copyrights, service names, service marks, logos, trade secrets, all amounts received as an award in or settlement of a suit in damages, deposit accounts, interests in joint ventures or general or limited partnerships, all Licenses, construction permits, Operating Agreements and Management Contracts, Participation Agreements and Resident Agreements, and all proceeds (cash and non-cash) of the foregoing.
View Source
Karrington trademarks or tradenames), licensing agreements, rights in intellectual property, goodwill, as that term is defined in accordance with GAAP (including all goodwill of the Borrowers' business symbolized by, and associated with, any and all trademarks, trademark licenses, copyrights and/or service marks), royalty payments, Letter-of-credit rights, letters of credit, contractual rights, the right to receive refunds of unearned insurance premiums, contractual rights, rights as lessee under any lease of real or personal property, literary rights, copyrights, service names, service marks, logos, trade secrets, all amounts received as an award in or settlement of a suit in damages, deposit accounts, interests in joint ventures or general or limited partnerships, all Licenses, construction permits, Operating Agreements and Management Contracts, Participation Agreements and Resident Agreements, books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to any or all of the foregoing, all Supporting Obligations with respect to any of the foregoing, and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records, and all Proceeds of the foregoing.
View Source

Examples of Karrington in a sentence

  • Karrington's and Parent's execution and delivery of this Agreement and its consummation of the Transaction will not violate, breach, conflict with or constitute a default under any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which Karrington or Parent is subject or any provision of its Governing Documents or any indenture, contract or agreement to which Karrington or Parent is subject.

  • All improvements on the Real Estate were constructed in accordance with applicable law and substantially in conformity with all plans and specifications pertaining thereto, copies of which have been delivered to or made reasonably available to Karrington.

  • Each of Karrington and Parent has full power and authority to execute, deliver, and perform this Agreement.

  • If the Karrington Entities suffer Adverse Consequences as a result of a breach or misrepresentation by the Kensington Entities under this Agreement, the Karrington Entities may, in their discretion, apply the actual dollar amount of any such Adverse Consequences as a set-off against any liability or obligation they may have under this Agreement.

  • Each of Karrington and Parent is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation, is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where qualification to do business is required, and has full corporate power and corporate authority and all licenses, permits, and authorizations necessary to carry on its business and to own and use its property.

  • There is no action, suit, proceeding or investigation pending or, to the Knowledge of Karrington or Parent, threatened against Karrington or Parent which, if decided adversely to Karrington or Parent, may prevent or in any material way impair the consummation of the Transaction.

  • Possession of the Property shall transfer to Karrington immediately upon Closing subject to the rights of residents pursuant to the Resident Agreements and any other holder of a leasehold interest disclosed in Schedule 2.1.

  • Except for new operating licenses in the State of North Dakota, neither Karrington nor Parent is required to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the parties to consummate the Transaction.

  • Faegre & ▇▇▇▇▇▇ LLP ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ If to Karrington or Parent: ▇▇▇▇ ▇.

  • Influence any Service Employee to terminate employment with Karrington or accept employment with any of Karrington's competitors; or d.


More Definitions of Karrington

Karrington means Karrington Acquisition, Inc., an Ohio corporation.
View Source