Common use of Contractual Liabilities Clause in Contracts

Contractual Liabilities. All Liabilities that accrue or are to be performed after the Closing Date under and pursuant to the Transferred Contracts, but not including any Liability of Seller for any breach thereof by Seller, an Affiliate, or a predecessor-in-interest occurring before the Closing Date.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Gateway Inc), Asset Purchase Agreement (MPC Corp)