Common use of Assignment and Assumption of Certain Liabilities Clause in Contracts

Assignment and Assumption of Certain Liabilities. Subject to the further provisions of this Section 1, Seller hereby assigns and transfers to Buyer all of Seller’s right, title and interest in and to the following liabilities and obligations (collectively, the “Liabilities”), and Buyer hereby assumes and undertakes to pay, satisfy, perform and discharge all of such Liabilities, as of the Effective Time, in respect of all liabilities, duties and obligations of Seller under:

Assignment and Assumption of Certain Liabilities. Subject to the further provisions of this Section 1, the Seller hereby assigns and transfers to the Buyer all of the Seller’s rightrights, title and interest in and to the following liabilities and obligations (collectively, the “Liabilities”), and the Buyer hereby assumes and undertakes to pay, satisfy, perform and discharge all of such Liabilities, as of 11:59 p.m. on , 2009 (the “Effective TimeTime of Closing”), in respect of all liabilities, duties and obligations of Seller under:

Assignment and Assumption of Certain Liabilities. Subject to the further provisions of this Section 1, Seller hereby assigns and transfers to Buyer all of Seller’s right, title and interest in and to the following liabilities and obligations (collectively, the “Liabilities”), and Buyer hereby assumes and undertakes to pay, satisfy, perform and discharge all of such Liabilities, as of 5:00 p.m. on , 2011 (the “Effective TimeTime of Closing”), in respect of all liabilities, duties and obligations of Seller under:

Assignment and Assumption of Certain Liabilities. Subject to the further provisions of this Section 1, Seller hereby assigns and transfers to Buyer all of Seller’s right, title and interest in and to the following liabilities and obligations (collectively, the “Liabilities”), and Buyer hereby assumes and undertakes to pay, satisfy, perform and discharge all of such Liabilities, as of the Effective Time, in respect of all liabilities, duties and obligations of Seller under: