Common use of Assumed Liabilities and Obligations Clause in Contracts

Assumed Liabilities and Obligations. Buyer hereby acquires the Purchased Assets subject only to, and shall undertake, assume, perform and otherwise pay, satisfy and discharge, and hold Seller harmless from, the liabilities and obligations set forth in this Section 2.3 or relating hereto.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Alpha Nutraceuticals Inc), Asset Purchase Agreement (Alpha Nutraceuticals Inc)

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Assumed Liabilities and Obligations. Buyer Purchaser hereby acquires the Purchased Assets subject only to, and shall undertake, assume, perform and otherwise pay, satisfy and discharge, and hold Seller harmless from, the liabilities and obligations set forth in this Section 2.3 therein or relating heretothereto and, in either case, arising after the date hereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (24/7 Media Inc), Asset Purchase Agreement (K2 Design Inc)

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