Assumption of Liabilities definition

Assumption of Liabilities has the meaning set forth in the recitals to this Agreement.

Assumption of Liabilities shall have the meaning provided for in Section 3.3(h).

Assumption of Liabilities means the instrument in the form of Exhibit B hereto by which Buyer will assume the Assumed Liabilities.

Examples of Assumption of Liabilities in a sentence

• The Buyer has full power to execute and deliver this Agreement and the Instrument of Assumption of Liabilities and to consummate the transactions contemplated hereby and thereby.

• The Buyer shall have received documentation evidencing the Seller’s Assumption of Liabilities.

• Venturi will not assume any of the debts, liabilities or obligations of Seller except as specifically set forth in an Assumption of Liabilities Agreement that may be executed at the time of Closing, and Seller shall indemnify Venturi and hold Venturi harmless with respect to any such unassumed liabilities.

• Restructuring of Assets and Assumption of Liabilities........................................

• Common Stock and Assumption of Liabilities by -- --------------------- -------------------------------- -------------- -- Executive Help.

More Definitions of Assumption of Liabilities

Assumption of Liabilities has the meaning assigned to it in Section 1.7 ------------------------- hereof. "Benefit Claim" has the meaning assigned to it in the Section 11.2 hereof. -------------

Assumption of Liabilities shall have the meaning set forth in Section 3.4(c) of this Agreement.

Assumption of Liabilities has the meaning set forth in Section 2.2(b) hereof.

Assumption of Liabilities. Consideration shall mean the transfer or assignment of liabilities of Licensee to Acquiror, as consideration for an Acquisition.

Assumption of Liabilities. Buyer Corp hereby assumes only those obligations and contracts listed in Exhibit C attached hereto. It is expressly understood --------- and agreed that Buyer Corp shall not be liable for any of the obligations or liabilities of Sellers of any kind and nature other than those specifically assumed by Buyer Corp under this paragraph. Specifically, and without limiting the foregoing, Buyer Corp shall not and does not assume any inter-company receivables owed to Shareholder's Parent for payroll advances made on behalf of Seller Corp, nor for the withholding taxes payable for Seller Corp or its employees prior to the date hereof. Furthermore, Buyer Corp does not assume any liability for rent payable by Seller Corp to Shareholder's Parent for any period prior to the date hereof.

Assumption of Liabilities shall have the meaning specified in Section 2.1(a).

Assumption of Liabilities has the meaning set forth in Section 7.1(b).