Common use of Assumption of Obligations and Liabilities Clause in Contracts

Assumption of Obligations and Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Purchaser will assume and pay, perform, discharge and be responsible for all of the following liabilities of Seller (collectively, the "ASSUMED LIABILITIES"):

Appears in 3 contracts

Samples: Asset Purchase Agreement (Aps Holding Corporation), Asset Purchase Agreement (Aps Holding Corporation), Asset Purchase Agreement (Rankin Automotive Group Inc)

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Assumption of Obligations and Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Purchaser will assume and pay, perform, discharge and be responsible for all of the following liabilities of Seller (collectively, the "ASSUMED LIABILITIESAssumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Rankin Automotive Group Inc)

Assumption of Obligations and Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Purchaser will assume and pay, perform, discharge and be responsible for all of the following liabilities of Seller (collectively, the "ASSUMED LIABILITIES"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Parts Source Inc)

Assumption of Obligations and Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after at the Closing, Purchaser will assume and pay, perform, discharge and be responsible for all of the following liabilities of Seller (collectively, the "ASSUMED LIABILITIES"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Rankin Automotive Group Inc)

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Assumption of Obligations and Liabilities. On the terms and subject to the conditions set forth in this Agreement, from and after the Closing, Purchaser will assume and pay, perform, discharge and be responsible for all of the following liabilities Assumed Liabilities. Purchaser shall not assume or pay, perform, discharge or be responsible for any of Seller (collectively, the "ASSUMED LIABILITIES"):Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Direct Focus Inc)

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