Liabilities Assumed by Buyer. Buyer shall pay and otherwise perform when due the obligations of Seller: (a) under the Store Leases and the Assumed Contracts relating to periods after the Closing Date (as defined in Section 6 below); and (b) to Seller's current employees only for accrued but unused PTO (paid time-off) including, without limitation, accrued but unused sick leave, family leave and vacation time for those employees that Buyer, in the exercise of its sole judgment, elects to employ as provided in Section 3.3 below (collectively the "Assumed Liabilities").
Liabilities Assumed by Buyer. In addition to payment of the Purchase Price, except for the Excluded Obligations (as defined below), Buyer shall assume, as of the Closing Date, the Liabilities of Seller relating to the Business listed on Schedule 2.5(a) attached hereto. Such obligations and liabilities to be assumed by Buyer pursuant to this Agreement are sometimes collectively referred to herein as the "Assumed Liabilities."
Liabilities Assumed by Buyer. As further consideration for the transfer of the Assets to Buyer, Buyer agrees, upon the terms and subject to the conditions set forth herein, to assume, at the Closing, and thereafter to pay, perform, and discharge, the following liabilities and obligations of Seller (but only such liabilities and obligations):
Liabilities Assumed by Buyer. Buyer shall, effective as of the Closing and without any further responsibility or liability of or recourse to Seller, or its directors, shareholders, officers, partners, employees, agents, consultants, representatives, successors, transferees or assignees, absolutely and irrevocably assume and shall be liable and responsible for the claims, liabilities, and obligations of Seller with respect to the Assets, whether or not disclosed to Buyer, and whether or not occurring or arising prior to, at or after Closing.
Liabilities Assumed by Buyer. Upon the terms and subject to the conditions of this Agreement, at the Closing, the Buyer will effective as of the Closing, assume and agree to duly and timely pay, perform and discharge the following liabilities (collectively, the “Assumed Liabilities”):
Liabilities Assumed by Buyer. ..3 Section 2.2. Liabilities Not Assumed by Buyer.................3
Liabilities Assumed by Buyer. Upon the terms and subject to the conditions of this Agreement, and in reliance on the representations, warranties, covenants and agreements made by Seller herein, effective as of the Closing Date, Buyer shall assume and be obligated pursuant to this Agreement to pay when due, perform or discharge only the debts, claims, liabilities, obligations and expenses described below and on Schedule 1.1(c) (collectively, the “Assumed Liabilities”):
Liabilities Assumed by Buyer. 5 2.2. Liabilities Not Assumed by Buyer...........................6
Liabilities Assumed by Buyer. As further consideration for consummation of the Transactions, the Buyer, without further action by any party, hereby assumes as of the Closing Date (i) any and all obligations or liabilities to repair or remediate the attachment or installation on the utility poles by Buyer or its Affiliates (or by any entity acting as a subcontractor to Buyer or its Affiliates in connection with such attachment or installation) prior to the Closing Date of the Constructed BPL Network equipment, products or components, if such equipment, product or component was not attached or installed in accordance with the written instructions from Seller, manufacturer specifications provided by Seller to Buyer or its Affiliates or the installer thereof, the National Electrical Safety Code, Oncor-provided applicable standards and procedures, or the services agreement between IES and the Seller, dated October 9, 2006, including without limitation Sections 2 and 6.1 of the Statement of Work thereto (the “IES Services Agreement”), and (ii) obligations or liabilities under the Assumed Contracts and Transferred Permits arising from and after the Closing (collectively, the “Assumed Liabilities”).
Liabilities Assumed by Buyer. At Closing, Buyer shall assume Liability for and agree to pay, perform and discharge all of the following (collectively, the “Assumed Liabilities”):
