Common use of Assumption of Specified Liabilities Clause in Contracts

Assumption of Specified Liabilities. Subject to the terms and conditions herein set forth, from and after the Closing, Purchaser shall assume and Purchaser shall pay, perform, and discharge, when due, only the following liabilities and obligations of Seller:

Appears in 3 contracts

Samples: Asset Purchase Agreement (SFBC International Inc), Asset Purchase Agreement (SFBC International Inc), Asset Purchase Agreement (Top Source Technologies Inc)

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Assumption of Specified Liabilities. Subject to Buyer shall assume, as of the terms Closing Date, and conditions herein set forth, from and after the Closing, Purchaser shall assume and Purchaser thereafter shall pay, perform, and dischargedischarge the Specified Liabilities, when due, which shall include only the following liabilities and obligations of Sellerfollowing:

Appears in 1 contract

Samples: Asset Purchase Agreement (Baker J Inc)

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