Common use of Liabilities Being Assumed Clause in Contracts

Liabilities Being Assumed. Subject to the terms and conditions of this Agreement, simultaneously with the sale, transfer, conveyance and assignment to the Buyer of the Purchased Assets, the Buyer shall assume, pay and perform when due the following, and only the following, liabilities and obligations of the Sellers:

Appears in 1 contract

Samples: Asset Purchase Agreement (Aas Capital Corp)

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Liabilities Being Assumed. Subject (a) Except as otherwise provided herein and subject to the terms and conditions of this Agreement, simultaneously with the sale, transfer, conveyance and assignment to the Buyer of the Purchased Assets, the Buyer shall assume, pay and hereby agrees to perform and discharge when due the following, and only the following, liabilities and obligations of the Sellersdue:

Appears in 1 contract

Samples: Asset Purchase Agreement (Berry Plastics Corp)

Liabilities Being Assumed. Subject to On the terms and subject to the ------------------------- conditions of this Agreement, simultaneously with the sale, transfer, conveyance and assignment to the Buyer of the Purchased Assets, the Buyer shall assume, and hereby agrees to perform, pay and perform satisfy when due due, the following, and only the following, following liabilities and obligations of the Sellers:Seller (collectively, the "Assumed Obligations"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Merisel Inc /De/)

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Liabilities Being Assumed. Subject At the Closing, subject to the terms and conditions of this Agreement, simultaneously with the sale, transfer, conveyance and assignment to the Buyer of the Purchased Assets, the Buyer shall assume, pay and perform when due the following, and only the following, liabilities and obligations of the SellersSeller:

Appears in 1 contract

Samples: Asset Purchase Agreement (Aas Capital Corp)

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