Common use of Liabilities Assumed by Buyer Clause in Contracts

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):

Appears in 2 contracts

Samples: Asset Purchase Agreement (Crescent Operating Inc), Asset Purchase Agreement (Crescent Operating Inc)

AutoNDA by SimpleDocs

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, perform and dischargedischarge in the Ordinary Course of Business, the following liabilities and obligations of Seller Sellers, whether accrued, absolute, contingent, unliquidated or otherwise, whether or not known or disclosed to Sellers, and whether due or to become due (but only such liabilities and obligationsobligations and no others):

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

AutoNDA by SimpleDocs

Liabilities Assumed by Buyer. As further additional consideration for the transfer of the Assets to BuyerTransferred Assets, except as provided in Section 3.2, 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, obligations and contingent and future liabilities and obligations of Seller (but only such liabilities and obligations):Seller:

Appears in 1 contract

Samples: Asset Purchase Agreement (Barry R G Corp /Oh/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!