Common use of Assumption of Assumed Liabilities; Retention of Retained Liabilities Clause in Contracts

Assumption of Assumed Liabilities; Retention of Retained Liabilities. (a) On the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume and become obligated to pay, perform and discharge when due, the following Liabilities of Seller or any Seller Subsidiary, whether accrued or arising before, on or after the Closing, but in each case excluding the Retained Liabilities (such Liabilities, the “Assumed Liabilities”):

Appears in 2 contracts

Samples: Acquisition Agreement (Symantec Corp), Acquisition Agreement (Verisign Inc/Ca)

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Assumption of Assumed Liabilities; Retention of Retained Liabilities. (a) On the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume and become obligated to pay, perform and discharge when due, the following and shall thereafter indemnify Seller and hold Seller harmless against, any and all Liabilities of Seller or any Seller Subsidiary, whether accrued or arising before, on or after the Closing, but in each case excluding other than the Retained Liabilities (such Liabilities, the “Assumed Liabilities”):).

Appears in 1 contract

Samples: Acquisition Agreement

Assumption of Assumed Liabilities; Retention of Retained Liabilities. (a) On the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume and become obligated to pay, perform and discharge when due, the following and shall thereafter indemnify Seller and hold Seller harmless against, any and all Liabilities of Seller or any Seller Subsidiary, whether accrued or arising before, on or after the Closing, but in each case excluding other than the Retained Liabilities (such Liabilities, the “Assumed Liabilities”):"ASSUMED LIABILITIES").

Appears in 1 contract

Samples: Acquisition Agreement (New Skies Satellites Nv)

Assumption of Assumed Liabilities; Retention of Retained Liabilities. (a) On the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume and become obligated to pay, perform and discharge when due, the following and shall thereafter indemnify Seller and hold Seller harmless against, any and all Liabilities of Seller or any Seller Subsidiary, whether accrued or arising before, on or after the Closing, but in each case excluding other than the Retained Liabilities (such Liabilities, the "Assumed Liabilities”):").

Appears in 1 contract

Samples: Acquisition Agreement (New Skies Satellites Nv)

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Assumption of Assumed Liabilities; Retention of Retained Liabilities. (a) On the terms and subject to the conditions set forth in this Agreement, at At the Closing, Purchaser shall (or shall cause one or more of its Affiliates designated by Purchaser in writing before the Closing) assume and become obligated to pay, perform and discharge when duedue (and shall indemnify and hold harmless Seller and its Subsidiaries for), any and all of the following Liabilities of Seller or any Seller Subsidiaryand its Subsidiaries, whether accrued or arising before, on or after the Closing, but excluding in each case excluding all cases the Retained Liabilities (such Liabilities, the “Assumed Liabilities”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Boxed, Inc.)

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