Assumed Liabilities definition

Assumed Liabilities has the meaning set forth in Section 2.3.

Assumed Liabilities shall have the meaning set forth in Section 2.3.

Assumed Liabilities has the meaning set forth in Section 1.3.

Examples of Assumed Liabilities in a sentence

• In making its decision to execute this Agreement and to purchase the Acquired Assets and assume the Assumed Liabilities, Purchaser has relied and will rely solely upon the results of such independent investigation and verification and the terms and conditions of this Agreement.

• FOR VALUE RECEIVED, each Assignor hereby sells, conveys, assigns, transfers and delivers to Assignee all of its right, title and interest in and to the Assumed Liabilities (as defined in the Purchase Agreement) and Assignee hereby accepts such assignment and hereby assumes and agrees to pay, perform and discharge when due the Assumed Liabilities.

• The assumption of the Assumed Liabilities by Purchaser will be effected pursuant to the Assumption Agreement and the Sale Order.

• Upon the terms and subject to the conditions of this Agreement, at the Closing, Purchaser will assume and agree to pay, perform and discharge or hold Sellers harmless from all of the Assumed Liabilities.

• Upon the terms and subject to the conditions of this Agreement and the Sale Order, at the Closing, each Seller will sell, transfer, convey, assign, deliver and set over to Purchaser, and Purchaser will purchase and accept, all of the right, title, benefit and interest of such Seller in, to and under the Acquired Assets, free and clear of all Liens and Interests (other than Permitted Encumbrances and Assumed Liabilities), pursuant to Sections 363(f) and 1123(b)(4) of the Bankruptcy Code.

More Definitions of Assumed Liabilities

Assumed Liabilities has the meaning specified in Section 2.3.

Assumed Liabilities is defined in Section 2.3.

Assumed Liabilities shall have the meaning set forth in Section 2.4(a) hereof.

Assumed Liabilities has the meaning specified in Section 2.3(a).

Assumed Liabilities means (a) obligations of the Seller which accrue after the Closing Date under the Assumed Contract either: (i) to furnish services, and other non-Cash benefits to another party after the Closing; or (ii) to pay for goods, services, and other non-Cash benefits that another party will furnish to it after the Closing. The Assumed Liabilities shall not include any Retained Liabilities.

Assumed Liabilities has the meaning set forth in Section 3.1(a).

Assumed Liabilities has the meaning set forth in Section 2.2 of this Agreement.