Seller’s Retention of Liabilities and Obligations. Upon Closing, Sellers shall, severally and jointly, assume and pay, perform, fulfill and discharge all claims, costs, expenses, liabilities and obligations relating to the ownership or operation of the Assets (including those arising under environmental laws) that are attributable to periods prior to the Effective Time (the “Retained Liabilities”).
Appears in 5 contracts
Samples: Purchase and Sale Agreement (AMERICAN EAGLE ENERGY Corp), Purchase and Sale Agreement (Eternal Energy Corp.), Purchase and Sale Agreement (American Eagle Energy Inc.)
