Common use of Transferred Liabilities Clause in Contracts

Transferred Liabilities. The liabilities and obligations of Holdings to be allocated to, assumed by and vested in Acquiror Sub in the Merger pursuant to Section 1.4 hereof (the "Transferred Liabilities") shall be those liabilities and obligations of Holdings set forth on Schedule IV hereto, whether direct or indirect, known or unknown, absolute or contingent.

Appears in 2 contracts

Sources: Agreement and Plan of Merger and Reorganization (Fah Co Inc), Merger Agreement (Avis Rent a Car Inc)

Transferred Liabilities. The liabilities and obligations of Holdings to be allocated to, assumed by and vested in Acquiror Sub in the Merger pursuant to Section 1.4 hereof (the "Transferred Liabilities") shall be those liabilities and obligations of Holdings set forth on Schedule SCHEDULE IV hereto, whether direct or indirect, known or unknown, absolute or contingent.

Appears in 1 contract

Sources: Merger Agreement (Cendant Stock Corp)