Common use of Obligations Assumed Clause in Contracts

Obligations Assumed. As part of the consideration for the Purchased Assets, and subject to Section 2.2, Buyer shall assume only the following (collectively, the “Assumed Liabilities”):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Teppco Partners Lp), Asset Purchase Agreement (Teppco Partners Lp)

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Obligations Assumed. As part of the consideration for the Purchased Assets, at the Effective Time and subject to Section 2.23.2, Buyer shall assume only the following obligations of Seller or a Seller Entity arising from or related to the Businesses (collectively, the “Assumed LiabilitiesObligations”):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Execute Sports Inc), Asset Purchase Agreement (Challenger Powerboats, Inc.)

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Obligations Assumed. As part of the consideration for the Purchased Assets, and subject to Section 2.23.2, Buyer shall assume only the following liabilities and obligations of Seller (collectively, the "Assumed Liabilities”Obligations"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Manhattan Associates Inc)

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