Common use of Assumption and Exclusion of Liabilities Clause in Contracts

Assumption and Exclusion of Liabilities. (a) Upon the terms and subject to the conditions of this Agreement, the Purchaser hereby assumes and agrees to pay, perform and discharge only the following Liabilities of the Seller (the “Assumed Liabilities”) and no other Liabilities whatsoever of the Seller (all other Liabilities of the Seller, the “Excluded Liabilities”):

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Goodman Networks Inc)

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Assumption and Exclusion of Liabilities. (a) Upon the terms and subject to the conditions of this Agreement, at the Closing, the Purchaser hereby assumes shall assume and agrees shall agree to pay, perform and discharge only the following Liabilities of the Seller Seller, except for the Excluded Liabilities (the "Assumed Liabilities”) and no other Liabilities whatsoever of the Seller (all other Liabilities of the Seller, the “Excluded Liabilities”"):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Dycom Industries Inc), Asset Purchase Agreement (Audiovox Corp)

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Assumption and Exclusion of Liabilities. (a) Upon Subject to the terms and subject to conditions set forth herein, at the conditions of this AgreementClosing, the Purchaser hereby assumes shall assume and agrees to pay, perform and discharge only when due to the following Liabilities of the Seller only (the “Assumed Liabilities”) and no other Liabilities whatsoever of the Seller (all other Liabilities of the Seller, the “Excluded Liabilities”):whatsoever:

Appears in 2 contracts

Samples: Asset Purchase Agreement (BAKER HUGHES a GE Co LLC), Asset Purchase Agreement (Baker Hughes a GE Co)

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