Assumption Obligation Sample Clauses

Assumption Obligation. Buyer hereby assumes and undertakes to perform, pay, satisfy, and discharge each of the Stated Liabilities. The Buyer shall perform, pay, satisfy, and discharge, as the case may be, each of the Stated Liabilities at or before such time as payment or performance thereunder is due.
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Assumption Obligation. Mallinckrodt and/or the Reorganized Debtors (as defined in the RSA) will assume this Amendment in their Chapter 11 Cases on the Plan Effective Date (as defined in the RSA).
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