Assumed Liabilities and Obligations. On the Closing Date, Buyer shall deliver to Seller the Assignment and Assumption Agreement pursuant to which Buyer shall assume and agree to discharge when due, all of the following liabilities and obligations of Seller (collectively, "Assumed Liabilities and Obligations") and Seller shall not be obligated to pay, perform or discharge any such liabilities or obligations:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Vermont Pure Holdings LTD/De)
Assumed Liabilities and Obligations. On the Closing Date, Buyer shall deliver to Seller the Assignment and Assumption Agreement pursuant to which Buyer shall assume and agree to pay, perform and discharge when due, all of the following liabilities and obligations Liabilities of Seller that relate to the Zion Assets or are otherwise specified below, other than the Excluded Liabilities (collectively, "“Assumed Liabilities and Obligations") and Seller shall not be obligated to payLiabilities”), perform or discharge any such liabilities or obligationsincluding:
Appears in 1 contract
Assumed Liabilities and Obligations. On the Closing Date, Buyer shall deliver to Seller the Assignment and Assumption Agreement pursuant to which Buyer shall assume and agree to pay, perform and discharge when due, all of the following liabilities and obligations Liabilities of Seller that relate to the Zion Assets or are otherwise specified below, other than the Excluded Liabilities (collectively, "Assumed Liabilities and ObligationsLiabilities") and Seller shall not be obligated to pay), perform or discharge any such liabilities or obligationsincluding:
Appears in 1 contract
Assumed Liabilities and Obligations. On Upon the terms and subject to the satisfaction of the conditions contained in this Agreement, on the Closing Date, Buyer shall deliver to Seller Sellers the Assignment and Assumption Agreement pursuant to which Buyer shall assume and agree to pay, perform and discharge when due, all of the following liabilities and obligations Liabilities of Seller Sellers that relate to the Assets or are otherwise specified below, other than the Excluded Liabilities (collectively, "the “Assumed Liabilities and Obligations") and Seller shall not be obligated to payLiabilities”), perform or discharge any such liabilities or obligationsincluding:
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement