Common use of Assumption of Liabilities by Buyer Clause in Contracts

Assumption of Liabilities by Buyer. Buyer shall assume and thereafter pay, perform, satisfy and discharge only the following obligations and liabilities of Seller to the extent that they are to be performed on or after the date hereof (collectively, the "Assumed Liabilities"):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Osi Pharmaceuticals Inc), Asset Purchase Agreement (Cadus Pharmaceutical Corp)

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Assumption of Liabilities by Buyer. At the Closing, Buyer shall assume and thereafter pay, perform, satisfy and discharge only the following obligations and liabilities of Seller to the extent that they are to be performed on or after the date hereof Sellers (collectively, the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Orbit International Corp)

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Assumption of Liabilities by Buyer. As of the Closing Date, Buyer shall assume and thereafter pay, perform, satisfy and discharge only the following obligations and liabilities of Seller to the extent that they are to be performed on or after the date hereof (collectively, the "Assumed Liabilities"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Forward Industries Inc)

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