Assumed Push-Down Liabilities Sample Clauses
Assumed Push-Down Liabilities. Without further action, effective as of the Closing, the Company will assume the liabilities of Seller listed on Schedule 6.2.7 (the "Assumed Push-Down Liabilities") but only to the extent related exclusively to the Business.
Assumed Push-Down Liabilities. Without further action, ----------------------------- effective as of the Closing, Floorcoverings US will assume the liabilities of C&A and each of its Post-Closing Affiliates in respect of only the amounts of all Push-Down Liabilities identified as "Assumed Push-Down Liabilities" on Schedule 1.2(a) as of the Closing (the "Assumed Push-Down Liabilities"), provided, however, that the aggregate amount of such Assumed Push-Down Liabilities as of the opening of business on the Closing Date will not exceed the "Maximum Amount of Assumed Push-Down Liabilities" as shown on Schedule 1.2(a) (the "Maximum APD Liability Amount").