Assumed Liabilities definition

Assumed Liabilities has the meaning set forth in Section 2.3.
Assumed Liabilities shall have the meaning set forth in Section 2.4.
Assumed Liabilities has the meaning ascribed to it in Section 1.02(a).

Examples of Assumed Liabilities in a sentence

  • In such instance, such Non-Assignable Asset shall be held, as of and from the Closing Date, by the applicable Seller or the applicable Affiliate of Seller (other than the Company) in trust for the Company and the covenants and obligations thereunder shall, to the extent they are Assumed Liabilities, be performed by the Company, and all benefits and obligations existing thereunder, in each case, to the extent relating to the post-Closing period shall be for the Company’s account.

  • Since the date of its formation, other than, following the consummation of the IP Contribution, (a) owning the Contributed Assets and Assigned Contracts, (b) assuming the Assumed Liabilities and (c) its rights and obligations under the documentation effecting the IP Contribution, the Company has not engaged in any non-ministerial activities (other than in connection with the IP Contribution) and has not incurred any liabilities other than liabilities incidental to its formation.


More Definitions of Assumed Liabilities

Assumed Liabilities shall have the meaning assigned thereto in Section 2.1(e).
Assumed Liabilities shall have the meaning ascribed to such term in Section 2.3 hereof.
Assumed Liabilities as defined in Section 2.4(a).
Assumed Liabilities shall have the meaning set forth in Section 1.3(a).
Assumed Liabilities has the meaning set forth in Section 2.2 of this Agreement.
Assumed Liabilities shall have the meaning set forth in Section 2.3(a).
Assumed Liabilities is defined in Section 1.3.