Common use of Assumption by the Buyer of Certain Liabilities Clause in Contracts

Assumption by the Buyer of Certain Liabilities. Subject to the terms and conditions set forth in this Agreement, Buyer agrees that, on the date hereof, Buyer shall assume and thereafter pay, perform or discharge, as the case may be, the following obligations and liabilities of the Seller outstanding on the date hereof (the "Assumed Liabilities"):

Appears in 10 contracts

Samples: Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc)

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Assumption by the Buyer of Certain Liabilities. Subject to the terms and conditions set forth in this Agreement, Buyer agrees that, that on the date hereofClosing Date, Buyer shall assume and thereafter pay, perform or discharge, as the case may be, the following obligations and liabilities of the Seller outstanding on the date hereof (the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Ppi Capital Group Inc)

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