Assumption of Certain Liabilities by Monterey. Monterey hereby assumes and agrees to pay, perform, and discharge the Assumed Liabilities, to the full extent that Santa Fe has been or would be obligated to pay, perform, and discharge the Assumed Liabilities.
Appears in 4 contracts
Samples: Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc)