Common use of Buyer’s Assumption of Liabilities Clause in Contracts

Buyer’s Assumption of Liabilities. On the terms and subject to the conditions set forth in this Agreement, and in further consideration of the transfer of the Purchased Assets, at the Closing Buyer shall assume only those duties, liabilities or obligations of Sellers included in the Assumed Liabilities.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Open Solutions Inc)

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Buyer’s Assumption of Liabilities. On the terms and subject to the conditions set forth in this Agreement, and in further consideration of the transfer of the Purchased Assets, at the Closing Buyer shall assume only those duties, liabilities or obligations of Sellers Seller included in the Assumed Liabilities.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Owosso Corp), Asset Purchase Agreement (Open Solutions Inc)

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Buyer’s Assumption of Liabilities. On the terms and subject to the conditions set forth in this Agreement, and in further consideration of the transfer of the Purchased Assets, at the Closing Buyer shall assume only those duties, liabilities or obligations of Sellers Seller included in the Assumed Liabilities, if any.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lateral Media, Inc.)

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