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."
Appears in 2 contracts
Samples: Asset Purchase Agreement (Us Homecare Corp), Asset Purchase Agreement (Us Homecare Corp)
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 -9- 15 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."
Appears in 1 contract
Samples: Asset Purchase Agreement (Transworld Home Healthcare Inc)
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(aSCHEDULE 2.5(A) attached hereto. These shall not include accounts and trade payables incurred prior to Closing and amounts owed to Stockholder. Such obligations and liabilities to be assumed by Buyer pursuant to this Agreement are sometimes collectively referred to herein as the "Assumed LiabilitiesASSUMED LIABILITIES."
Appears in 1 contract
Samples: Asset Purchase Agreement (Preferred Employers Holdings Inc)