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: Assignment and Assumption of Lease Agreement (Tangoe Inc), Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Open Solutions Inc)

AutoNDA by SimpleDocs

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 (Open Solutions Inc), Asset Purchase Agreement (Owosso Corp)

AutoNDA by SimpleDocs

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.)

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