Common use of Assumption of Certain Obligations Clause in Contracts

Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Purchaser agrees, effective at the Closing, to assume and to timely satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the Products and the Purchased Assets, in each case other than the Retained Liabilities (all of the foregoing Liabilities being collectively referred to hereinafter as the “Assumed Liabilities”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Depomed Inc)

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Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Purchaser agrees, effective at as of the Closing, to assume and to timely satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the Products and the Purchased Assets, in each case other than the Retained Liabilities (all of the foregoing Liabilities being collectively referred to hereinafter as the “Assumed Liabilities”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc)

Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Purchaser agrees, effective at the Closing, to assume and to timely satisfy and discharge the following all Liabilities of Seller and its Affiliates relating to the Products and the Purchased AssetsAffiliates, in each case other than the Retained Liabilities Liabilities, solely to the extent arising out of or relating to the Purchased Assets after the Closing (all of the foregoing Liabilities being collectively referred to hereinafter as the “Assumed Liabilities”):).

Appears in 1 contract

Samples: Asset Purchase Agreement (BridgeBio Pharma, Inc.)

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Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Purchaser agrees, effective at the ClosingClosing and from and after the Closing Date, to assume and to timely satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the Products and the Purchased Assets, in each case other than the Retained Liabilities (all of the foregoing such Liabilities being collectively referred to hereinafter as the “Assumed Liabilities”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Vivus Inc)

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