Common use of Assumption of the Assumed Liabilities Clause in Contracts

Assumption of the Assumed Liabilities. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume, effective as of the Closing, and shall timely perform and discharge in accordance with their respective terms, only the following Liabilities of Sellers (collectively, the "Assumed Liabilities"):

Assumption of the Assumed Liabilities. Upon the terms and subject to the conditions set forth in of this Agreement, at the Closing, the Purchaser shall assumewill execute and deliver to the Company the Assumption Agreement, pursuant to which the Purchaser will, effective as of the ClosingEffective Time, and shall timely perform and discharge in accordance with their respective terms, assume only the following Liabilities of Sellers (collectively, the "Assumed Liabilities"):.