Common use of Discharge of Liabilities Clause in Contracts

Discharge of Liabilities. Except as otherwise expressly provided herein or in any of the Ancillary Agreements: (a) From and after the Effective Time, (i) Cablevision shall, and shall cause each member of the Cablevision Group to, assume, pay, perform and discharge all Cablevision Liabilities in the ordinary course of business, consistent with past practice, and (ii) AMC shall, and shall cause each member of the AMC Group, to assume, pay, perform and discharge all AMC Liabilities in the ordinary course of business, consistent with past practice. The agreements in this Section 2.15 are made by each Party for the sole and exclusive benefit of the other Party. To the extent reasonably requested to do so by the other Party, each Party agrees to execute and deliver such documents, in a form reasonably satisfactory to such Party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder. (b) All intercompany trade, accounts receivable and accounts payable between any member of one Group and any member of another Group in existence at the Effective Time shall be paid and performed in accordance with their terms.

Discharge of Liabilities. Except as otherwise expressly provided herein or in any of the Ancillary Agreements: (a) From and after the Effective Time, (i) Cablevision shall, and shall cause each member of the Cablevision Group to, assume, pay, perform and discharge all Cablevision Liabilities in the ordinary course of business, consistent with past practice, and (ii) AMC MSG shall, and shall cause each member of the AMC MSG Group, to assume, pay, perform and discharge all AMC MSG Liabilities in the ordinary course of business, consistent with past practice. The agreements in this Section 2.15 2.14 are made by each Party for the sole and exclusive benefit of the other Party. To the extent reasonably requested to do so by the other Party, each Party agrees to execute and deliver such documents, in a form reasonably satisfactory to such Party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder. (b) All intercompany trade, accounts receivable and accounts payable between any member of one Group and any member of another Group in existence at the Effective Time shall be paid and performed in accordance with their terms.

Discharge of Liabilities. Except as otherwise expressly provided herein or in any of the Ancillary Agreements: (a) From and after the Effective Time, (i) Cablevision MSG Entertainment shall, and shall cause each member of the Cablevision MSG Entertainment Group to, assume, pay, perform and discharge all Cablevision MSG Entertainment Liabilities in the ordinary course of business, consistent with past practice, and (ii) AMC Spinco shall, and shall cause each member of the AMC Spinco Group, to assume, pay, perform and discharge all AMC Spinco Liabilities in the ordinary course of business, consistent with past practice. The agreements in this Section 2.15 are made by each Party for the sole and exclusive benefit of the other Party. To the extent reasonably requested to do so by the other Party, each Party agrees to execute and deliver such documents, in a form reasonably satisfactory to such Party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder. (b) All intercompany trade, accounts receivable and accounts payable between any member of one Group and any member of another Group in existence at the Effective Time shall be paid and performed in accordance with their terms.

Discharge of Liabilities. Except as otherwise expressly provided herein or in any of the Ancillary Agreements: (a) From and after the Effective Time, (i) Cablevision MSG shall, and shall cause each member of the Cablevision MSG Group to, assume, pay, perform and discharge all Cablevision MSG Liabilities in the ordinary course of business, consistent with past practice, and (ii) AMC Spinco shall, and shall cause each member of the AMC Spinco Group, to assume, pay, perform and discharge all AMC Spinco Liabilities in the ordinary course of business, consistent with past practice. The agreements in this Section 2.15 are made by each Party for the sole and exclusive benefit of the other Party. To the extent reasonably requested to do so by the other Party, each Party agrees to execute and deliver such documents, in a form reasonably satisfactory to such Party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder. (b) All intercompany trade, accounts receivable and accounts payable between any member of one Group and any member of another Group in existence at the Effective Time shall be paid and performed in accordance with their terms.

Discharge of Liabilities. Except as otherwise expressly provided herein or in any of the Ancillary Agreements: (a) From and after the Effective Time, (i) Cablevision MSG shall, and shall cause each member of the Cablevision MSG Group to, assume, pay, perform and discharge all Cablevision MSG Liabilities in the ordinary course of business, consistent with past practice, and (ii) AMC Spinco shall, and shall cause each member of the AMC Spinco Group, to assume, pay, perform and discharge all AMC Spinco Liabilities in the ordinary course of business, consistent with past practice. The agreements in this Section 2.15 2.16 are made by each Party for the sole and exclusive benefit of the other Party. To the extent reasonably requested to do so by the other Party, each Party agrees to execute and deliver such documents, in a form reasonably satisfactory to such Party, as may be reasonably necessary to evidence the assumption of any Liabilities hereunder. (b) All intercompany trade, accounts receivable and accounts payable between any member of one Group and any member of another Group in existence at the Effective Time shall be paid and performed in accordance with their terms.