Assumption of Liabilities by Buyer. (a) On the Closing Date and subject to the terms and conditions set forth in this Agreement, Buyer shall expressly assume, and agree to pay or otherwise perform or discharge, the Assumed Liabilities.
Appears in 2 contracts
Samples: Asset and Stock Purchase Agreement (Bucyrus International Inc), Asset and Stock Purchase Agreement (Terex Corp)
Assumption of Liabilities by Buyer. (a) On the Closing Date terms and subject to the terms and conditions set forth in this Agreement, at the Closing, Buyer shall expressly assume, and agree to pay or otherwise perform or dischargedischarge when due, the Assumed Liabilities.
Appears in 2 contracts
Samples: Shareholders Agreement (Terex Corp), Stock and Asset Purchase Agreement
