Common use of Assumption of Assumed Liabilities Clause in Contracts

Assumption of Assumed Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Buyer shall assume and shall satisfy, perform or discharge when due all of the Liabilities of Seller in respect of, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “Assumed Liabilities”), including the following Liabilities:

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs

Assumption of Assumed Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Buyer shall assume and shall satisfy, perform or discharge when due all of the only those Liabilities of Seller expressly provided for herein in respect of, or otherwise arising from the operation of the Business or the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “Assumed Liabilities”), including the following Liabilities) as follows:

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Public Service Co of New Hampshire)

Assumption of Assumed Liabilities. On Subject to the terms and subject to the conditions set forth herein, and in this Agreementreliance upon the representations and warranties contained herein, from and after at the Closing, in consideration for the sale, assignment, transfer, conveyance and delivery of the Transferred Assets to Buyer, Buyer shall agrees to assume and shall satisfyundertake to pay, perform or discharge when due all and discharge, in accordance with the terms thereof, only the following Liabilities incurred in the Ordinary Course of the Liabilities of Seller in respect of, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities Business (the "Assumed Liabilities”), including the following Liabilities:"):

Appears in 1 contract

Samples: Asset Purchase Agreement (General Motors Corp)

Assumption of Assumed Liabilities. On Upon the terms and subject to the conditions set forth in this Agreement, from and after at the Closing, Buyer shall assume from Seller or its Affiliates, and shall satisfyagree to fully pay, perform or discharge and satisfy when due all of and perform in accordance with their terms, effective from the Liabilities Closing, only the obligations of Seller or its Affiliates set forth below, whether known or unknown, contingent or otherwise, whether currently in respect ofexistence or arising hereafter (collectively, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “Assumed Liabilities”), including the following Liabilities:):

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Identiv, Inc.)

Assumption of Assumed Liabilities. On Upon the terms and subject to all of the conditions set forth in this Agreementcontained herein, from and after at the Closing, the Buyer shall assume assume, and shall satisfyagree to pay, perform or discharge when due and discharge, only the obligations and liabilities of the Seller arising exclusively from, and accruing exclusively with respect to, the period after the Closing under the Real Property Leases and Assigned Contracts assigned hereunder (all of the Liabilities of Seller in respect offoregoing, or otherwise arising from collectively, the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “"Assumed Liabilities" and, individually, an "Assumed Liability"), including the following Liabilities:.

Appears in 1 contract

Samples: Asset Purchase Agreement (New York Health Care Inc)

Assumption of Assumed Liabilities. On Upon the terms and subject to the conditions set forth in this Agreement, from and after at the ClosingEffective Time, Buyer shall assume from Seller or its Affiliates, and shall satisfyagree to fully pay, perform or discharge and satisfy when due all of and perform in accordance with their terms, effective from the Liabilities Closing, only the obligations of Seller or its Affiliates set forth below, whether known or unknown, contingent or otherwise, whether currently in respect ofexistence or arising hereafter (collectively, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “Assumed Liabilities”), including the following Liabilities:):

Appears in 1 contract

Samples: Asset Purchase Agreement (Emcore Corp)

AutoNDA by SimpleDocs

Assumption of Assumed Liabilities. On (a) Subject to the terms and subject to conditions of this Agreement and in reliance upon the conditions set forth in this Agreementrepresentations, from warranties, covenants and after agreements of Seller and the ClosingMembers contained herein, Buyer effective as of the close of business on the Closing Date, except as expressly contemplated herein, Purchaser shall assume and shall satisfy, perform or discharge when due all of be responsible only for the following Liabilities of Seller in respect of(collectively, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the “"Assumed Liabilities”), including the following Liabilities:"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Phoenix Footwear Group Inc)

Assumption of Assumed Liabilities. On Subject to the terms and subject to the conditions set forth in of this Agreement, from and after the Closing, Buyer shall at Closing assume and shall satisfyagree to pay, discharge and perform or discharge when lawfully due all of only the following Liabilities of Seller in respect of, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities (the "Assumed Liabilities”), including the following Liabilities:"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Claimsnet Com Inc)

Assumption of Assumed Liabilities. On Subject to the terms and subject to the conditions set forth in of this Agreement, from and after at the Closing, as part of the consideration for the sale of the Business and the related transfer of the Transferred Assets to Buyer under this Agreement, Buyer shall assume and shall satisfyagree to pay, perform or discharge and discharge, when due all due, only the following debts, liabilities and obligations of Sellers as related to the Liabilities of Seller in respect of, or otherwise arising from the ownership, operation or use of the Acquired Assets, other than the Excluded Liabilities Business (the "Assumed Liabilities”), including the following Liabilities:"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Amrep Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.