Common use of Release of Vendor Clause in Contracts

Release of Vendor. At or before the Closing the Purchaser shall execute and deliver all such covenants and assurances with respect to the Assumed Indebtedness and with respect to the obligations assumed under section 4.2 as may reasonably be required as a condition to the release of the Vendor from any liability in respect of the Assumed Indebtedness.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Stockgroup Information Systems Inc), Agreement (Semotus Solutions Inc)

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Release of Vendor. At or before the Closing closing the Purchaser shall execute and deliver all such covenants and assurances with respect to the Assumed Indebtedness and with respect to the obligations assumed under section 4.2 as may reasonably be required as a condition to the release of the Vendor from any liability in respect of the Assumed Indebtedness.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Oxford Ventures Inc), Asset Purchase Agreement (Armor Enterprises Inc)

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Release of Vendor. At or before the Closing closing the Purchaser shall execute and deliver all such covenants and assurances with respect to the Assumed Indebtedness and with respect to the obligations assumed under section 4.2 as may reasonably be required as a condition to the release of the Vendor from any liability in respect of the Assumed Indebtedness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wave Wireless Corp)

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