Common use of Assumption of Obligations and Liabilities Clause in Contracts

Assumption of Obligations and Liabilities. Except as otherwise expressly provided herein, the Purchaser will assume, fulfill and perform only those executory obligations and liabilities of the Vendor that arise under the Contracts and other commitments specifically described in Schedule C that arise after the Time of Closing (the "Assumed Liabilities").

Appears in 1 contract

Samples: Asset Purchase Agreement (Manatron Inc)

AutoNDA by SimpleDocs

Assumption of Obligations and Liabilities. Except as otherwise expressly provided herein, the Purchaser Buyer will assume, fulfill and perform only those executory obligations and liabilities of the Vendor Seller that arise under the Contracts and other commitments specifically described in Schedule C that arise after the Time of Closing (the "Assumed Liabilities").

Appears in 1 contract

Samples: Asset Purchase Agreement (Manatron Inc)

Assumption of Obligations and Liabilities. (a) Except as otherwise expressly provided herein, the Purchaser will assume, fulfill and perform only those executory obligations and liabilities of the Vendor that arise under the Contracts and other commitments specifically described in Schedule C that arise after the Time of Closing (the "Assumed Liabilities").C.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manatron Inc)

AutoNDA by SimpleDocs

Assumption of Obligations and Liabilities. Except as otherwise expressly provided herein, the Purchaser will assume, fulfill and perform only those executory obligations and liabilities of the Vendor that arise under the Contracts and other commitments specifically described in Schedule C (or pursuant to which Vendor has possession of any leased assets conveyed to Purchaser by Vendor and shown on Schedule A) and that arise or are to be performed after the Time of Closing (the "Assumed Liabilities").

Appears in 1 contract

Samples: Asset Purchase Agreement (Manatron Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.