Common use of Assumption and Satisfaction of Liabilities Clause in Contracts

Assumption and Satisfaction of Liabilities. Except as otherwise specifically set forth in any Ancillary Agreement, and subject to Section 2.3 hereof, from and after the Effective Time, (i) D&B shall, and shall cause each member of the D&B Group to, assume, pay, perform and discharge all D&B Liabilities, (ii) Cognizant shall, and shall cause each member of the Cognizant Group to, assume, pay, perform and discharge all Cognizant Liabilities, and (iii) ACNielsen shall, and shall cause each member of the ACNielsen Group to, assume, pay, perform and discharge all ACNielsen Liabilities. To the extent reasonably requested to do so by another party hereto, each party hereto agrees to sign such documents, in a form reasonably satisfactory to such party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder.

Appears in 5 contracts

Samples: Form of Distribution Agreement (Dun & Bradstreet Corp), Distribution Agreement (Acnielsen Corp), Distribution Agreement (Cognizant Corp)

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