Common use of Satisfaction of Liabilities Clause in Contracts

Satisfaction of Liabilities. The Selling Entities shall, in the ordinary course of business, fully satisfy or cause to be satisfied all third party Liabilities and obligations of the Selling Entities relating to the Business which are not Assumed Liabilities.

Appears in 3 contracts

Samples: Asset Purchase Agreement (On Stage Entertainment Inc), Asset Purchase Agreement (Bouncebacktechnologies Com Inc), Asset Purchase Agreement (Bouncebacktechnologies Com Inc)

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Satisfaction of Liabilities. The Each Selling Entities Entity shall, in the ordinary course of business, fully satisfy or cause to be satisfied all third party Liabilities and obligations of the any Selling Entities Entity relating to the Business which are not Assumed Liabilities.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Casino Resource Corp), Asset Purchase Agreement (On Stage Entertainment Inc)

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Satisfaction of Liabilities. The Each Selling Entities shall, in Entity shall at the ordinary course of businessClosing, fully satisfy or cause to be have been satisfied all third party Liabilities and obligations of the any Selling Entities relating to the Business Entity which are not also Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (On Stage Entertainment Inc)

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