Common use of Assumed Liabilites Clause in Contracts

Assumed Liabilites. Buyer assumes all liabilities associated with: 1. All obligations to teach martial arts to current students of the Business 2. The Seller's obligation to pay telephone bills for lines currently existing at the Business; and 3. The Seller's obligation to pay for Yellow Pages advertising. Schedule 3.4 Litigation None Schedule 3.6 Material Agreements *1. All student contracts for martial arts instruction. [Attach list]

Appears in 4 contracts

Samples: Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc)

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Assumed Liabilites. Buyer assumes all liabilities associated with: 1. All obligations to teach martial arts to current students of the Business 2. The Seller's obligation to pay telephone bills for lines currently existing at the Business; and 3. The Seller's obligation to pay for Yellow Pages advertising. Schedule 3.4 Litigation None Schedule 3.6 Material Agreements *1. All student contracts for martial arts instruction. [Attach list]3.6

Appears in 2 contracts

Samples: Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc)

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