Common use of Liabilities Assumed Clause in Contracts

Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, whether accrued, absolute, contingent, known, unknown, or otherwise, except that Buyer agrees to assume as of the Closing Date, and thereafter pay, perform and discharge the following liabilities ("Assumed Liabilities"):

Appears in 2 contracts

Samples: Agreement (Secom General Corp), Agreement (Secom General Corp)

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Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, and Buyer shall not assume any such liability, whether accrued, absolute, contingent, known, unknown, or otherwise, except that Buyer agrees to assume as of the Closing Date, and thereafter pay, perform and discharge the following liabilities ("Assumed Liabilities"):for

Appears in 2 contracts

Samples: Asset Purchase Agreement (Maxco Inc), Asset Purchase Agreement (Cardinal Minerals Inc)

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Liabilities Assumed. Seller agrees that Buyer assumes no liabilities of Seller, whether accrued, absolute, contingent, known, unknown, or otherwise, except that Buyer agrees would assume and take the Purchased Assets subject to assume as of the Closing Date, and thereafter pay, perform and discharge the following liabilities ("Assumed Liabilities"):relating to the Business which Buyer agrees to assume:

Appears in 1 contract

Samples: Asset Purchase Agreement (Integral Vision Inc)

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