Assumption and Indemnity. As of the Closing, Buyer assumes and agrees to pay, perform and discharge, or cause to be paid, performed, and discharged, all obligations and Liabilities with respect to the Assets arising on or after the Effective Time and the following obligations and Liabilities, regardless of whether such obligations or Liabilities arose prior to, on or after the Effective Time:
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Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Cubic Energy Inc), Purchase and Sale Agreement (Gastar Exploration USA, Inc.)
Assumption and Indemnity. As of the Closing, Buyer assumes and agrees to pay, perform and discharge, or cause to be paid, performed, and discharged, all the following obligations and Liabilities with respect to the Assets arising on or after the Effective Time and the following obligations and Liabilities, regardless of whether such obligations or Liabilities arose prior to, on or after the Effective TimeAssets:
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