Common use of Transfer of Liabilities Clause in Contracts

Transfer of Liabilities. Subject to the terms and conditions of this ----------------------- Agreement, Buyer or an Affiliate of Buyer designated by Buyer agrees, effective as of the Closing Date, to assume the following liabilities (the "Assumed ------- Liabilities"). -----------

Transfer of Liabilities. Subject to the terms and conditions of this ----------------------- Agreement, Buyer or an Affiliate of Buyer designated by Buyer agrees, effective as of the Closing Date, to assume the following liabilities and obligations of Seller arising under the Contracts, other than the liabilities attributable to any failure by Seller to comply with the terms thereof (the "Assumed ------- Liabilities"). ------------------------------

Transfer of Liabilities. Subject to the terms and conditions of this ----------------------- Agreement, Buyer or an Affiliate of Buyer designated by Buyer agrees, effective as of the Closing Date, to assume the following liabilities (the "Assumed ------- Liabilities"). ------------------------------