Possession Time definition

Possession Time means the time on the Closing Date when all of the actions required under Section 7.3 to be taken by Seller and Buyer at the Closing have been taken.
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Possession Time shall have the meaning set forth in Section 3.6.
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Examples of Possession Time in a sentence

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to the Leases as set forth in § 10.6.1.

  • The conveyance of the Assets shall be effective as of the Effective Time, except for the assumption by Buyer of certain Liabilities associated with the Assets that are provided, in Section 2.4, to be assumed as of the Possession Time.

  • Possession of the Property will be delivered to Buyer on Possession Date (§ 3) at Possession Time (§ 3), 574 subject to the Leases as set forth in § 10.6.1.1. 575 576 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 577 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date (§ 3) and 578 Possession Time (§ 3) until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to the 405 Leases as set forth in § 10.6.1.1. 406 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 407 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 408 Possession Time until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to 599 the Leases as set forth in § 10.6.1.1. 600 601 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 602 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 603 Possession Time until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to 660 the Leases as set forth in § 10.6.1.1. 661 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 662 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 663 Possession Time until possession is delivered.

  • With respect to each such Asset, Seller shall support Buyer in Buyer’s efforts to be named replacement operator of such Assets under the terms of the applicable Contracts effective as of the Possession Time (or as soon thereafter as is reasonably practicable) and will use reasonable commercial efforts to obtain the votes of the other co-owners in the relevant Lease(s) in favor of such election.

  • Possession of the Property shall be delivered to Buyer on Possession Date (§ 3) at Possession Time (§ 3), 531 subject to the following Leases or tenancies: 532 533 534 If Seller, after Closing, fails to deliver possession as specified, Seller shall be subject to eviction and shall be additionally 535 liable to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date 536 (§ 3) and Possession Time (§ 3) until possession is delivered.

  • Possession of the Property shall be delivered to Buyer on Possession Date (§ 3) at Possession Time (§ 3), 559 subject to the following Leases or tenancies: 560 561 562 If Seller, after Closing, fails to deliver possession as specified, Seller shall be subject to eviction and shall be additionally 563 liable to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date 564 (§ 3) and Possession Time (§ 3) until possession is delivered.

  • As of the Possession Time, Sellers shall deliver to Buyer exclusive possession and control of the Assets.