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

• Subject to the terms and conditions of this Agreement, the sale and purchase of the Transferred Assets and the assumption of the Assumed Liabilities (the “Closing”) shall take place remotely by the exchange of electronic documents by email or other electronic means on the date hereof (the “Closing Date”).

• The Buyer shall be liable for any VAT imposed on the transfers of the Purchased Assets and Assumed Liabilities to the Buyer.

• Notwithstanding anything to the contrary in this Agreement, the Buyer shall not assume and shall not be responsible to pay, perform or discharge any Liabilities or obligations of the Seller or its Affiliates other than the Assumed Liabilities (collectively, the “Excluded Liabilities”).

• The Buyer shall cause Hexagon Korea to pay for any VAT imposed on the transfers of the Business Purchased Assets and Business Assumed Liabilities to Hexagon Korea pursuant to the Korean Purchase Agreement.

• Notwithstanding anything to the contrary in this Agreement, the Buyer shall not assume and shall not be responsible to pay, perform or discharge any Liabilities or obligations of the Sellers or their Affiliates other than the Assumed Liabilities (collectively, the “Excluded Liabilities”).

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 shall have the meaning set forth in Section 1.3(a).

Assumed Liabilities as defined in Section 2.4(a).

Assumed Liabilities has the meaning set forth in Section 2.2.

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

Assumed Liabilities is defined in Section 1.3.