Post-Closing Agreements definition
Examples of Post-Closing Agreements in a sentence
Buyer covenants to Seller that Buyer shall (i) not execute any leases affecting the Property unless such leases contain a provision allowing the landlord to terminate the lease upon ninety (90) days notice to the tenant, and (ii) not enter into any contracts or agreements with a term in excess of one (1) year affecting the Property other than the Post-Closing Agreements.
The Post-Closing Agreements and Covenants of the Parties set forth in Article VIII, of this Agreement, shall survive the Closing Date and the Closing indefinitely.
Neenah shall have entered into each of the Post-Closing Agreements.
The Seller’s Post-Closing Agreements and all Seller’s Escrow Funds deposited by Seller pursuant to the terms thereof.
Subject to any applicable provisions in the Post-Closing Agreements, each of Seller on the one hand, and Purchaser and its Subsidiaries (including the Company and its Subsidiaries following the Closing) on the other hand, agrees that, (a) it shall have no right to use any ▇▇▇▇ of the other party or any name confusingly similar thereto, and (b) will not at any time hold itself out as having any affiliation or relationship with, or endorsement from, the other party.
Except as set forth on Schedule 2.12, at the Closing, the Company will, taking into account the Post-Closing Agreements, own or have the right to use all of the assets, rights and properties necessary to conduct in all material respects the Business as of the Closing as the Business was conducted prior to the Closing.
Except as set forth in the Post-Closing Agreements, Lender shall have obtained a narrative appraisal of the Properties, on a completed basis, which is satisfactory to Lender in amount, form, and substance; provided, however, Lender’s obligation to obtain such an appraisal is conditioned on the Loan amount being capped at the lesser of (a) 75% of the Loan to value, and (b) 75% of the Loan to cost.
The Post-Closing Agreements and Covenants of the Parties set forth in Article VIII, including those set forth in Sections 8.4, 8.5 and 8.6 of this Agreement, shall survive the Closing Date and the Closing indefinitely.
Buyer shall have received each of the Post-Closing Agreements duly executed by the other party or parties thereto.
Except as set forth in the Post-Closing Agreements, Borrower shall have provided Lender with current ALTA/ACSM survey of the Property in form and substance satisfactory to Lender, prepared by a licensed surveyor satisfactory to Lender, which survey shall show the location of all existing Improvements, if any, and all easements or encumbrances set forth in the title insurance commitment and shall comply with Lender’s survey requirements.