Common use of Payment of Unassumed Liabilities Clause in Contracts

Payment of Unassumed Liabilities. The Seller agrees promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of the Seller that is not specifically assumed by the Purchaser pursuant to this Agreement, as described in Section 2.1 of this Agreement.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Asdar Group Inc), Asset Purchase Agreement (2u Online Com Inc), Asset Purchase Agreement (Asdar Inc)

AutoNDA by SimpleDocs

Payment of Unassumed Liabilities. The Seller agrees promptly to pay ---------------------------------------- when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every unassumed Liability of the Seller that is not specifically assumed by the Purchaser pursuant to this Agreement, as described in Section 2.1 of this AgreementSeller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Universal Broadband Communications Inc), Asset Purchase Agreement (Universal Broadband Communications Inc)

Payment of Unassumed Liabilities. The Seller agrees promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of the Seller that is not it specifically assumed by the Purchaser pursuant to this Agreement, as described in Section 2.1 of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fenway International Inc)

Payment of Unassumed Liabilities. The Seller agrees promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every unassumed Liability of the Seller that is not specifically assumed by the Purchaser pursuant to this Agreement, as described in Section 2.1 of this AgreementSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Encore Ventures Inc)

Payment of Unassumed Liabilities. The Seller agrees promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of the Seller that is not specifically assumed by the Purchaser pursuant to this Agreement, as described in Section 2.1 of this Agreementabove.

Appears in 1 contract

Samples: Asset Purchase Agreement (Omega Med Corp)

AutoNDA by SimpleDocs

Payment of Unassumed Liabilities. The Seller agrees promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of the Seller that is not specifically assumed by in the Purchaser pursuant to this Agreementordinary course, as described in Section 2.1 of this Agreementbut no later than the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Too Gourmet Inc)

Payment of Unassumed Liabilities. The Seller agrees agree promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of the Seller that is not specifically assumed by relating to the Purchaser pursuant to this Agreement, as described in Section 2.1 of this AgreementAcquired Business other than the Assumed Liabilities.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aremissoft Corp /De/)

Payment of Unassumed Liabilities. The Seller agrees to promptly to pay when due, or otherwise to discharge, without cost or expense to the Purchaser, each and every Liability of Seller relating to the Seller that is not specifically assumed by Acquired Business other than the Purchaser pursuant to this Agreement, as described in Section 2.1 of this AgreementAssumed Liabilities.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aremissoft Corp /De/)

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