Common use of Instrument of Assumption Clause in Contracts

Instrument of Assumption. Buyer shall have executed and delivered to Seller an Instrument of Assumption for purposes of assuming the Assumed Liabilities, if necessary.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Jackson Hewitt Tax Service Inc), Asset Purchase Agreement (Jackson Hewitt Tax Service Inc), Asset Purchase Agreement (Jackson Hewitt Tax Service Inc)

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Instrument of Assumption. Buyer and the Seller shall have executed and delivered to Seller execute an Instrument of Assumption for purposes of assuming Assumption, which shall be in a form mutually acceptable to the Seller and Buyer, pursuant to which Buyer will assume the Assumed Liabilities, if necessary.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

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