Liabilities to be Assumed by Buyer. Subject to the terms and conditions of this Agreement, at the Closing, Sellers shall assign to Buyer, and Buyer shall assume from Sellers and pay when due, perform and discharge, in due course, without duplication, each of the Assumed Liabilities. “Assumed Liabilities” shall mean solely the following Liabilities:
Appears in 5 contracts
Samples: Asset Purchase Agreement (Adams Resources & Energy, Inc.), Asset Purchase Agreement, Asset Purchase Agreement
Liabilities to be Assumed by Buyer. Subject to the terms and conditions of this Agreement, any other Transaction Documents, and the Sale Order, at the Closing, Sellers shall assign to Buyer, and Buyer shall assume from Sellers and pay when due, perform and discharge, in due course, without duplication, each of the Assumed Liabilities. “Assumed Liabilities” shall mean solely the following Liabilities:.
Appears in 1 contract
Liabilities to be Assumed by Buyer. Subject to the terms and conditions of this Agreement, at the Closing, Sellers shall assign to BuyerBuyer (or another Subsidiary of Buyer designated by Buyer in writing to Sellers prior to Closing), and Buyer such entity shall assume from Sellers and pay when due, perform and discharge, in due course, without duplication, each of the Assumed Liabilities. “Assumed Liabilities” shall mean solely the following Liabilities:
Appears in 1 contract
Samples: Asset Purchase Agreement
