Common use of Liabilities Assumed Clause in Contracts

Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, and Buyer shall not assume any such liability, whether accrued, absolute, contingent, known, unknown, or otherwise, except for

Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, and Buyer shall not assume any such liability, whether accrued, absolute, contingent, known, unknown, or otherwise, except forthat Buyer agrees to assume as of the Closing Date, and thereafter pay, perform and discharge the following liabilities ("Assumed Liabilities"):

Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, and Buyer shall not assume any such liability, whether accrued, absolute, contingent, known, unknown, or otherwise, except forthat Buyer would assume and take the Purchased Assets subject to the following liabilities relating to the Business which Buyer agrees to assume: