Common use of Liabilities Assumed Clause in Contracts

Liabilities Assumed. Subject to the terms and conditions set forth in this Agreement, effective as of the Closing Date, the Buyer shall assume and agree to pay, perform and discharge, when due, the obligations of Sellers under the Assigned Agreements to the extent such obligations arise after the Closing and relate to goods or services sold or provided after the Closing. Those liabilities assumed by the Buyer pursuant to this Section 1.2(b) are referred to herein as the “Assumed Liabilities.”

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiation Therapy Services Inc)

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Liabilities Assumed. Subject to the terms and conditions set forth in this Agreement, effective as of the Closing Date, the Buyer shall assume and agree to pay, perform and discharge, when due, the obligations of Sellers Seller under (i) the Assigned Agreements to the extent such obligations arise after the Closing and relate (ii) the obligations giving rise to goods or services sold or provided after the ClosingPermitted Liens. Those liabilities assumed by the Buyer pursuant to this Section 1.2(b) are referred to herein as the “Assumed Liabilities.”

Appears in 1 contract

Samples: Asset Purchase Agreement (21st Century Oncology Holdings, Inc.)

Liabilities Assumed. Subject to the terms and conditions set forth in this Agreement, effective as of the Closing Date, the Buyer shall assume and agree to pay, perform and discharge, when due, the obligations of Sellers Seller under (i) the Assigned Agreements to the extent such obligations arise after the Closing and relate to goods or services sold or provided after the Closing, and (ii) the indebtedness of the Seller related to the Permitted Liens, as set forth in Schedule 1.2(b) annexed hereto (the “Assumed Indebtedness”). Those liabilities assumed by the Buyer pursuant to this Section 1.2(b) are referred to herein as the “Assumed Liabilities.”

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiation Therapy Services Holdings, Inc.)

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Liabilities Assumed. Subject to the terms and conditions set forth in this Agreement, effective as of the Closing Date, the Buyer shall assume and agree to pay, perform and discharge, when due, the obligations of Sellers under the Assigned Agreements to the extent such obligations arise on or after the Closing Date and relate to goods or services sold or provided on or after the ClosingClosing Date. Those liabilities assumed by the Buyer pursuant to this Section 1.2(b1.5(b) are referred to herein as the “Assumed Liabilities.”

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiation Therapy Services Inc)

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