Common use of Assumption and Exclusion of Liabilities Clause in Contracts

Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of this Agreement, from and after the Closing Date, Purchaser shall assume and shall pay, perform and discharge when due only the following specified liabilities and obligations, and no others (collectively, the "ASSUMED LIABILITIES"):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Spanish Broadcasting System Finance Corp), Asset Purchase Agreement (Spanish Broadcasting System Finance Corp)

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Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of this Agreement, from and after the Closing Date, Purchaser shall assume and shall pay, perform and discharge when due only all Liabilities relating to the following specified liabilities and obligationscontracts (the "ASSUMED CONTRACTS") listed on Schedule 2.03 hereto, and no others or arising out of Purchaser's ownership after the Closing Date of the Governmental Licenses or the Transmission Equipment (collectively, the "ASSUMED LIABILITIES"):).

Appears in 1 contract

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp)

Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of this AgreementAgreement (including, from and after without limitation any contrary provisions which may be contained in Section 2.2(b)), Purchaser shall, on the Closing Date, Purchaser shall assume and shall pay, perform and discharge when due only the following specified liabilities and obligations, and no others other Liabilities of the Selling Parties as of the Closing Date (collectively, the "ASSUMED LIABILITIESAssumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Qualcomm Inc/De)

Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of this Agreement, from and after the Closing Date, Purchaser shall assume hereby assumes and shall pay, perform and discharge when due only the following specified liabilities and obligations, and no others Liabilities (collectively, the "ASSUMED LIABILITIES"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Consoltex Inc/ Ca)

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Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of set forth in this Agreement, from and after at the Closing DateClosing, the Purchaser shall assume and shall pay, perform and discharge when due only the following specified liabilities and obligationsAssumed Liabilities, and no others (collectivelythe Sellers shall not assume, or have any responsibility for, the "ASSUMED LIABILITIES"):Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cellnet Data Systems Inc)

Assumption and Exclusion of Liabilities. (a) On the terms and subject to the conditions of this Agreement, from and after the Purchaser shall, on the Closing Date, Purchaser shall assume and shall agree to pay, perform and discharge when due only all Liabilities of the following specified liabilities Seller that arise or relate principally to the Business, on or prior to the Closing Date and obligationswhich are reflected on the Reference Balance Sheet, and no others except for the Excluded Liabilities (collectively, the "ASSUMED LIABILITIES"):).

Appears in 1 contract

Samples: Stock Purchase Agreement (Sylvan Learning Systems Inc)

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