Operating Liabilities. All liabilities, responsibilities, obligations, costs and expenses with respect to claims arising in any way with respect to or as a result of the operation of the applicable System if and only to the extent that they relate to Buyer’s ownership of the Acquired Assets or arising out of its operation of the Business, in each case, after the applicable Closing Time, including, without limitation, any and all franchise fees, pole attachment and conduit rentals (other than amounts reflected in item 3 of Schedule 5.10 that accrue prior to the Closing Date for the Florida System), copyright fees, Taxes or tort claims arising out of the operation of the Business or the ownership of the corresponding Acquired Assets, in each case, after the applicable Closing Time (except for Taxes, which shall be assumed for periods commencing after the applicable Closing Date in accordance with Section 14.5, other than Transaction Taxes, which shall be assumed in accordance with Section 14.4).
Appears in 2 contracts
Sources: Asset Purchase Agreement (Knology Inc), Asset Purchase Agreement (Knology Inc)