Obligations Assumed. As part of the consideration for the Acquired Assets, and subject to Section 2.10, Apple shall assume Seller's obligations that accrue after the IPO Closing Date under the Contracts and Purchase and Sale Contracts listed on Section 2.01 of the Disclosure Statement and under the Leases and such other obligations listed in Section 2.09 of the Disclosure Statement, in each case if but only if they are assigned or transferred to Apple.
Obligations Assumed. 6 Section 2.10 Liabilities and Obligations Not Assumed................. 6
Obligations Assumed. 7 Section 2.10 LIABILITIES AND OBLIGATIONS NOT ASSUMED................. 7
Obligations Assumed. Purchaser covenants that it will pay all obligations assumed by it under this Agreement.
Obligations Assumed. As part of the consideration for the Purchased Assets, at the Effective Time and subject to Section 3.2, Buyer shall assume only the following obligations of Seller or a Seller Entity arising from or related to the Businesses (the “Assumed Obligations”):
Obligations Assumed. As part of the consideration for the ------------------- Purchased Assets, and subject to Section 3.2, Buyer shall assume Seller's obligations that accrue after the Closing Date under Contracts listed in Schedule 2.1(c), if, but only if, they are assigned or transferred to Buyer, or they are subject to the provisions of Section 6.2.
Obligations Assumed. 3 1.4 Closing.........................................................................................3 1.5
Obligations Assumed. Buyer shall assume, effective as of the Closing and as part of the Purchase Price, and shall pay, discharge and perform as and when due, each of the following obligations of Seller (the "Assumed Obligations"):
Obligations Assumed. As part of the consideration for the Purchased Assets from and after the Closing Date, Buyer shall assume, fully perform, and timely discharge (i) all debts, obligations and liabilities of Seller or Dan Xxx under the trade accounts payable listed on the Closing Date Balance Sheet (the "Accounts Payable"), (ii) the accrued liabilities listed on the Closing Date Balance Sheet and of the same nature as the accrued liabilities at August 31, 1995, as set forth on Schedule 3.1(a) hereto including performance of the Repairs (the "Accrued Liabilities"), (iii) all debts, obligations and liabilities of Seller or Dan Xxx that accrue or are otherwise attributable to periods after the Closing Date under the Contracts listed in Schedule 2.1(d) (as updated through the Closing Date), pursuant to Purchase and Sales Contracts listed on Schedule 2.1(e), and under Leases listed on Schedule 2.1(h), (iv) except with respect to products that have been manufactured, assembled and tested prior to the Closing Date, all liabilities, damages or obligations relating to any litigation, claim, suit or proceedings with respect to the Business for product liability and product warranties, in each case for products sold by the Business on or after the Closing Date (the "Assumed Liabilities"), (v) any and all liabilities arising out of any governmental compliance, enforcement or regulatory action, suit or claim or any claim by any person or entity arising out of the operation of the Business or the Purchased Assets on or after the Closing Date, and (vi) any liability under agreements relating to Seller's employment of temporary employees, but only to the extent such liability arises as a result of Buyer's employment of such temporary employees..
Obligations Assumed. As part of the consideration for the Purchased Assets, and subject to Section 3.2, Buyer shall assume the following liabilities and obligations of Seller (the "Assumed Obligations"):
