Examples of Acquired Locations in a sentence
Seller shall be responsible for all costs and expenses of operations at the Acquired Locations transferred on a Closing Date through the day before such Closing Date and Purchaser shall be responsible for all costs and expenses of operations at such Acquired Locations as of such Closing Date.
California $ 10,000,000 Newly Acquired Locations (180 days) $ 10,000,000 Unnamed Locations $ 10,000,000 Unintentional Errors & Ommissions $ 1,000,000 Pollution - Annual Aggregate $ 1,000,000 Contingent Business Interruption $ 5,000,000 Extra Expense, Valuable Papers, A/R Deductibles $ 10,000 Property - Per Occurrence except $ 500 Transit, Valuable Papers, A/R $ 25,000 EQ - Outside CA $ 25,000 Flood excl.
Purchaser’s acquisition of the Business and Assets with respect to the Acquired Locations on a Closing Date shall be effective as of the beginning of business on such Closing Date.
Seller shall be entitled to all revenues of the Acquired Locations transferred on a Closing Date for the period through the day before such Closing Date and Purchaser shall be entitled to all revenues of such Acquired Locations as of such Closing Date.
Unless otherwise provided to the contrary herein, Buyer shall be solely responsible for Taxes relating to the Acquired Assets and Acquired Locations applicable to or arising from the period from and after the Closing Date, and the Seller shall be solely responsible for Taxes relating to Acquired Assets and Acquired Locations applicable to or arising prior to the Closing.