Common use of Discharge of Business Obligations Clause in Contracts

Discharge of Business Obligations. Except with respect to the Assumed Liabilities, from and after the Closing, each of the Owner and the Seller shall pay and discharge, in accordance with past practice, all obligations and liabilities incurred prior to the Closing in respect of the Business, its operations or the assets and properties used therein, including any liabilities or obligations to Employees, any Governmental Authority and clients and customers of the Business.

Discharge of Business Obligations. Except with respect to the Assumed Liabilities, from From and after the Closing, each of the Owner and the Seller --------------------------------- Sellers shall pay and discharge, in accordance with past practicepractice but not less than on a timely basis, all obligations and liabilities incurred prior to the Closing in respect of the Business, its operations or the assets and properties used thereintherein (except for the Assumed Liabilities), including any liabilities or obligations to Employeesemployees, any Governmental Authority Xxxxxxxxx, xxxxx creditors and clients and customers of the Business.

Discharge of Business Obligations. Except with respect to the Assumed Liabilities, from From and after the Closing, each of the Owner and the Seller shall pay and discharge, in accordance with past practicepractice but not less than on a timely basis, all obligations and liabilities incurred prior to the Closing in respect of the BusinessClosing, its operations or the assets and properties used thereintherein (except for the Acquired Liabilities), including any liabilities or obligations to Employeesemployees, any Governmental Authority Xxxxxxxxx, xxxxx creditors and clients and customers of the Business.