Common use of Assignment and Assumption of Liabilities Clause in Contracts

Assignment and Assumption of Liabilities. (a) Subject to the terms and conditions set forth in this Agreement, Purchaser shall only assume from Sellers and thereafter be responsible for the payment, performance or discharge of the following liabilities and obligations of Sellers (all such liabilities and obligations herein called the “Assumed Obligations”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Rowe Companies)

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Assignment and Assumption of Liabilities. (a) Subject to the terms and conditions set forth in this Agreement, Purchaser shall only Buyer will assume from Sellers Seller and thereafter be responsible for the paymentpay, performance perform or discharge of in accordance with their terms, the following liabilities Liabilities and obligations of Sellers Seller (all such liabilities Liabilities and obligations herein called the "Assumed Obligations"):

Appears in 1 contract

Samples: Asset Purchase Agreement

Assignment and Assumption of Liabilities. (a) Subject to the terms and conditions set forth in this Agreement, Purchaser Buyer shall only assume from Sellers Seller and thereafter be responsible for the payment, performance or discharge of the following liabilities and obligations of Sellers Seller (all such liabilities and obligations herein called the "Assumed Obligations”Liabilities"):

Appears in 1 contract

Samples: Purchase Agreement (Ha Lo Industries Inc)

Assignment and Assumption of Liabilities. (a) Subject to Upon the terms and subject to the conditions set forth in this Agreement, Seller shall assign to Purchaser, and Purchaser shall only accept and assume from Sellers and thereafter be responsible for Seller, certain liabilities relating to the paymentBranch Office, performance or discharge of the following liabilities and obligations of Sellers (all such liabilities and obligations herein called the “Assumed Obligations”):as follows:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Republic Bancshares Inc)

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Assignment and Assumption of Liabilities. (a) Subject to the terms and conditions set forth in this Agreement, Purchaser in addition to the Purchase Price and as additional consideration for the Purchased Assets, Buyer shall only assume from Sellers Sellers, and thereafter be responsible for the payment, performance or discharge of the following liabilities and obligations of Sellers (all such liabilities and obligations herein called the "Assumed Obligations”Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Calpian, Inc.)

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