Common use of Assignment and Assumption of Liabilities Clause in Contracts

Assignment and Assumption of Liabilities. Seller hereby assigns to Buyer, and Buyer hereby assumes and agrees to undertake to perform, pay, satisfy or discharge, in accordance with their terms, the following liabilities (the “Assumed Liabilities”):

Assignment and Assumption of Liabilities. Seller The Sellers hereby assigns to Buyerassign, and Buyer the Purchaser hereby assumes and agrees to undertake to perform, pay, satisfy or perform and discharge, in accordance with their terms, all of the following liabilities (Assumed Liabilities as set forth in the “Assumed Liabilities”):Purchase Agreement.