Common use of Assumed and Excluded Liabilities Clause in Contracts

Assumed and Excluded Liabilities. From and after the Distribution Closing, Newco shall be, or shall cause its Subsidiaries or Affiliates (which, for the avoidance of doubt, will include, after the Closing, DISH and its Subsidiaries) to be, responsible for the Assumed Liabilities regardless of when or where such Liabilities (or the acts or omissions relating thereto) arose or arise, regardless of when or where such Liabilities are asserted or determined and regardless of whether arising or related to or asserted or determined prior to, on or after the Distribution Closing Date. EchoStar shall be, or shall cause its Subsidiaries to be, responsible for the Excluded Liabilities regardless of when or where such Liabilities (or the acts or omissions relating thereto) arose or arise, regardless of when or where such Liabilities are asserted or determined and regardless of whether arising or related to or asserted or determined prior to, on or after the Distribution Closing Date.

Appears in 3 contracts

Samples: Master Transaction Agreement (EchoStar CORP), Master Transaction Agreement (Hughes Satellite Systems Corp), Master Transaction Agreement (DISH Network CORP)

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Assumed and Excluded Liabilities. From and after the Distribution Closing, Newco shall beDISH shall, or shall cause its Subsidiaries or Affiliates (whichSubsidiaries, for the avoidance of doubtas applicable, will include, after the Closing, DISH and its Subsidiaries) to be, be responsible for the EB Assumed Liabilities and the ET Assumed Liabilities regardless of when or where such Liabilities (or the acts or omissions relating thereto) arose or arise, regardless of when or where such Liabilities are asserted or determined and regardless of whether arising or related to or asserted or determined prior to, on or after the Distribution Closing Date. EchoStar shall beshall, or shall cause its Subsidiaries Subsidiaries, as applicable, to be, be responsible for the EB Excluded Liabilities and the ET Excluded Liabilities regardless of when or where such Liabilities (or the acts or omissions relating thereto) arose or arise, regardless of when or where such Liabilities are asserted or determined and regardless of whether arising or related to or asserted or determined prior to, on or after the Distribution Closing Date.

Appears in 3 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement (EchoStar CORP), Share Exchange Agreement (DISH Network CORP)

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