Common use of Assumption and Indemnity Clause in Contracts

Assumption and Indemnity. (a) As of the Closing, but without limiting Buyer’s rights to indemnity under this Agreement or any title indemnity agreement, Buyer assumes and agrees to pay, perform and discharge all obligations and Liabilities (including all ad valorem and other Taxes, other than Taxes addressed in Article IX) with respect to the Assets regardless of whether such obligations or Liabilities arose prior to, on or after the Effective Time, including:

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

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Assumption and Indemnity. (a) As of From and after the Closing, but without limiting Buyer’s rights to indemnity under this Agreement (including Section 12.03) or Buyer’s rights under any title indemnity agreementother express provision hereof, Buyer assumes and agrees to pay, perform and discharge all obligations and Liabilities (including all ad valorem and other Taxes, other than Taxes addressed in Article IX) with respect to the Assets regardless of whether such obligations or Liabilities arose prior to, on or after the Effective Time, including:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Athlon Energy Inc.), Purchase and Sale Agreement (Athlon Energy Inc.)

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Assumption and Indemnity. (a) As of the Closing, but without limiting Buyer’s rights to indemnity under Section 12.04 of this Agreement or any title indemnity agreementAgreement, Buyer assumes and agrees to pay, perform and discharge discharge, or cause to be paid, performed, and discharged, all obligations and Liabilities (including all ad valorem and other Taxes, other than Taxes addressed in Article IX) with respect to the Assets Assets, regardless of whether such obligations or Liabilities arose prior to, on or after the Effective Time, including:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gastar Exploration Inc.)

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