Common use of Assumption of Certain Obligations Clause in Contracts

Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Products Purchaser agrees, effective at the Closing, to assume and to satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the Business, in each case other than the Retained Liabilities (all of the foregoing Liabilities being collectively referred to hereinafter as the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.)

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Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth hereinof this Agreement, Products Purchaser agrees, effective at the Closing, to assume and to satisfy and discharge the following Liabilities of Seller and its Affiliates to the extent relating to the BusinessConveyed Assets and arising in the ordinary course of business, in each case other than the Retained Liabilities (all of collectively, the foregoing Liabilities being collectively referred to hereinafter as the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Kensey Nash Corp)

Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Products Purchaser agrees, effective at as of the Closing, to assume and to timely satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the BusinessProducts and the Purchased Assets, in each case other than the Retained Liabilities (all of the foregoing Liabilities being collectively referred to hereinafter as the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc)

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Assumption of Certain Obligations. Upon the terms and subject to the conditions set forth herein, Products Purchaser agrees, effective at the Closing, to assume and to timely satisfy and discharge the following Liabilities of Seller and its Affiliates relating to the BusinessProducts and the Purchased Assets, in each case other than the Retained Liabilities (all of the foregoing Liabilities being collectively referred to hereinafter as the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Depomed Inc)

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