Examples of Delayed Assets in a sentence
In such case, all economic benefits and interests from such Delayed Assets shall inure to the benefit of JD Holdings pending such closing on the Delayed Assets.
Following the Closing Date, each Seller shall reasonably cooperate with Purchaser (at Purchaser’s sole cost and expense) to obtain and have delivered to Purchaser all consents, approvals and waivers necessary to transfer the Delayed Assets to Purchaser as promptly as reasonably practicable and without any modification that would adversely affect Purchaser, a Purchased Asset, an Assumed Liability, or the Business.
Prior to any such transfer of Delayed Assets, Seller shall use its commercially reasonable efforts to preserve and maintain such Delayed Assets in all material respects pursuant to the terms thereof.
Prior to any such transfer of Delayed Assets, each Seller shall preserve and maintain such Delayed Assets for the benefit of Purchaser.
In the event that the Closing proceeds and there are any Delayed Assets, then following the Closing, each of Buyer and Seller shall use commercially reasonable efforts to obtain as promptly as reasonably practical such Consents.