Common use of Assumed Liabilities and Obligations Clause in Contracts

Assumed Liabilities and Obligations. On the Closing Date and at the Closing, the Seller shall assign to the Buyer, and the Buyer shall assume and agree to thereafter pay, satisfy, perform and discharge, when due, the Assumed Liabilities.

Appears in 1 contract

Samples: Purchase Agreement (Enpro Industries, Inc)

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Assumed Liabilities and Obligations. On the Closing Date and at At the Closing, the Seller shall assign to the Buyer, and the Buyer Xxxxx shall assume and agree to thereafter pay, satisfy, perform and discharge, when due, discharge the obligations and liabilities of Seller arising from and after the Closing under the Assumed Contracts (the “Assumed Liabilities”).

Appears in 1 contract

Samples: Asset Purchase Agreement

Assumed Liabilities and Obligations. On the Closing Date and at At the Closing, the Seller shall assign to the Buyer, and the Buyer shall assume and agree to thereafter pay, satisfy, perform and discharge, when due, discharge the obligations and liabilities of Seller arising from and after the Closing under the Assumed Contracts (the “Assumed Liabilities”).

Appears in 1 contract

Samples: Asset Purchase Agreement

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Assumed Liabilities and Obligations. On the Closing Date and at At the Closing, the Seller shall assign to the BuyerPurchaser, and the Buyer Purchaser shall assume and agree to thereafter pay, satisfy, perform and discharge, when duedischarge only the following specified liabilities of Seller or the Business existing as of the Closing Date (collectively, the Assumed Liabilities.”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Gametech International Inc)

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