Common use of Liabilities Assumed by Purchaser Clause in Contracts

Liabilities Assumed by Purchaser. Upon the terms and subject to the conditions of this Agreement, effective as of the Closing Date, Purchaser or any Purchaser Affiliate shall assume and be obligated to pay when due, perform, or discharge only the Assumed Liabilities.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Comdisco Inc), Asset Purchase Agreement (Comdisco Inc)

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Liabilities Assumed by Purchaser. Upon the terms and subject to the conditions of this Agreement, and in reliance on the representations, warranties, covenants and agreements made by Seller herein, effective as of the Closing Date, Purchaser or any Purchaser Affiliate shall assume and be obligated pursuant to this Agreement to pay when due, perform, or discharge only the debts, claims, liabilities, obligations, and expenses described below and on Schedule 1.1(c) (collectively, the β€œAssumed Liabilities.”):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clarus Corp), Asset Purchase Agreement (Epicor Software Corp)

Liabilities Assumed by Purchaser. Upon the terms and subject to the conditions of this Agreement, and in reliance on the representations, warranties, covenants and agreements made by Sellers herein, effective as of the Closing Date, Purchaser or any Purchaser Affiliate shall assume and be obligated pursuant to this Agreement to pay when due, perform, or discharge only the debts, claims, liabilities, obligations, and expenses described on Schedule 1.3, including the following (collectively, the "Assumed Liabilities."):

Appears in 1 contract

Samples: Iv Asset Purchase Agreement (Outsourcing Services Group Inc)

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Liabilities Assumed by Purchaser. Upon the terms and subject to the conditions of this Agreement, effective as of the Closing DateClosing, Purchaser or any Purchaser Affiliate shall assume and be obligated to pay when due, perform, or discharge only the Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Comdisco Holding Co Inc)

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