Common use of Successor Liabilities Clause in Contracts

Successor Liabilities. Any Liability that any person or entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Pension Plan or Welfare Plan, Taxes, labor and employment matters, COBRA, ERISA, the Code, WARN Act or as a result of Buyer’s failure to comply with any bulk transfer or similar Law. The Sellers shall pay, perform and discharge, as and when due, all of the Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Veri-Tek International, Corp.)

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Successor Liabilities. Any Liability Liabilities that any person or entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Pension Plan or Welfare Benefit Plan, product liability, Taxes, labor and employment matters, COBRA, ERISA, the Code, WARN Act or as a result of Buyer’s failure to comply with any bulk transfer or similar Law. The Sellers shall pay, perform and discharge, as and when due, all of the Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ari Network Services Inc /Wi)

Successor Liabilities. Any Liability that any person Person or entity Governmental Entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Pension Plan or Welfare Plan, Taxes, labor and employment matters, COBRA, ERISA, the Code, WARN Act or as a result of Buyer’s failure to comply with any bulk transfer or similar Law. The Sellers shall pay, perform and discharge, as and when due, all of the Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ari Network Services Inc /Wi)

Successor Liabilities. Any Liability that any person or entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Pension Plan or Welfare Plan, Taxes, labor and employment matters, COBRA, ERISA, the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”), WARN Act or as a result of Buyer’s failure to comply with any bulk transfer or similar Lawlaws. The Sellers shall pay, perform and discharge, as and when due, all of the Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manitex International, Inc.)

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Successor Liabilities. Any Liability that any person or entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Pension Plan or Welfare Employee Plan/Agreement, product liability, Taxes, labor and employment matters, COBRA, ERISA, the Code, WARN Act or as a result of Buyer’s failure to comply with any bulk transfer or similar Law. The Sellers shall pay, perform and discharge, as and when due, all of the Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Inventure Foods, Inc.)

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