Assignment and Assumption of Liabilities definition

Assignment and Assumption of Liabilities is defined in Section 2.7.

Examples of Assignment and Assumption of Liabilities in a sentence

  • The parties shall have executed and delivered a Bill of Sale with respect to the Tangible Assets and an Assignment and Assumption of Liabilities with respect to the Assumed Contracts and the Transferred Liabilities, each in form and substance satisfactory to Symantec.

  • The parties shall have executed and delivered a Bill of Sale with respect to the Tangible Assets and an Assignment and Assumption of Liabilities with respect to the Assumed Contracts and the Transferred Liabilities, each in form and substance satisfactory to SalesLogix.

  • Transformation-based learning (TBL henceforth) is an error-driven machine learning technique which works by first assigning an initial classification to the data, and then automatically proposing, evalu- ating and selecting the transformations that max- imally decrease the number of errors.

  • This Bill of Sale and Assignment and Assumption of Liabilities shall be governed by and construed and interpreted in accordance with the laws of the State of California.

  • The language that has been used on several recent RFPs including I-5507 (I-485), U-2719 (I-440), I-3819 (I-40/77) and R-2828 (NC 540) needs some additional clarity so that future RFPs address the intent of the language a little better.

  • INTENDING TO BE LEGALLY BOUND, the parties have entered into this Assignment and Assumption of Liabilities as of the Effective Date.

  • Seller shall have executed and delivered to Purchaser a Bill of Sale, Assignment and Assumption of Liabilities Agreement attached hereto as Exhibit A ("Bill of Sale").

  • The descriptive article and section headings herein are inserted for convenience of reference only and are not intended to be part of or to affect the meaning or interpretation of this Assignment and Assumption of Liabilities Agreement.

  • Subject to the terms and conditions of this Assignment and Assumption of Liabilities Agreement, RIC hereby agrees to assume, pay, perform and discharge all debts, obligations and liabilities, contracts and obligations of every kind, character or description of RSA SLISI, whether known or unknown, accrued, absolute, contingent or otherwise existing prior to the Closing Date (collectively, the "Assumed Liabilities").

  • This General Bill of Sale, Assignment and Assumption of Liabilities may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of which shall constitute one and the same instrument.

Related to Assignment and Assumption of Liabilities

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(iv).

  • Assignment and Assumption Agreements means each of the Assignment and Assumption Agreements to be executed between a Trustee and trustee of the relevant Successor Trust in accordance with the relevant Trust Agreement, as the same may be amended, modified or supplemented from time to time.

  • Assignment and Assumption Agreement means the Assignment and Assumption Agreement substantially in the form of Exhibit K (appropriately completed).

  • Bill of Sale and Assignment and Assumption Agreement has the meaning set forth in Section 2.5(b).

  • Bill of Sale, Assignment and Assumption Agreement means the Bill of Sale, Assignment and Assumption Agreement to be entered into at the Closing by the Sellers and the Buyer in the form attached hereto as Exhibit D.

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • nment and Assumption means an assignment and assumption agreement entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of E xhibit A or any other form approved by the Administrative Agent.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and a Purchasing Borrower Party (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit H or any other form approved by the Administrative Agent.

  • Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • Assignment and Acceptance Agreement means an Assignment and Acceptance Agreement among a Lender, an Assignee and the Agent, substantially in the form of Exhibit A.

  • Conveyancing and Assumption Instruments means, collectively, the various agreements, instruments and other documents heretofore entered into and to be entered into to effect the transfer of Assets and the assumption of Liabilities in the manner contemplated by the Distribution Agreement, or otherwise arising out of or relating to the transactions contemplated in the Distribution Agreement.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and the Company as an Assignee, and accepted by the Administrative Agent, in the form of Exhibit N or such other form as shall be approved by the Administrative Agent and the Company (such approval not to be unreasonably withheld or delayed).

  • Bill of Sale and Assignment shall have the meaning set forth in Section 4.2(a)(i).

  • Commitment and Acceptance is defined in Section 2.18(b).

  • Designated Borrower Request and Assumption Agreement has the meaning specified in Section 2.14.

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit B to the Guarantee and Security Agreement between the Collateral Agent and an entity that pursuant to Section 5.08 is required to become a “Subsidiary Guarantor” under the Guarantee and Security Agreement (with such changes as the Administrative Agent shall request consistent with the requirements of Section 5.08).

  • Addendum and Assignment Agreement The Addendum and Assignment Agreement, dated as of January 31, 1995, between MLCC and the Master Servicer.

  • Assignment and Bill of Sale As defined in Section 1 of Exhibit C hereto.

  • Assignment Agreement means an Assignment and Assumption Agreement substantially in the form of Exhibit E, with such amendments or modifications as may be approved by Administrative Agent.

  • Assumption Agreement has the meaning specified in Section 2.18(d)(ii).

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Patent Assignment Agreement has the meaning set forth in Section 2.4(b)(iii).