Common use of Transition of Assets and Liabilities Clause in Contracts

Transition of Assets and Liabilities. Seller agrees to provide reasonable assistance to Buyer, at Buyer’s expense (except if such assistance is necessary because of Seller’s failure to perform hereunder) in the transition of the Acquired Assets and the Assumed Liabilities to Buyer pursuant to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Inphonic Inc), Asset Purchase Agreement (Inphonic Inc)

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Transition of Assets and Liabilities. Seller agrees to provide reasonable assistance to Buyer, at Buyer’s expense (except if such assistance is necessary because of Seller’s failure to perform hereunder) in the transition of the Acquired Assets and the Assumed Liabilities Transferred Employees to Buyer pursuant to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Inphonic Inc), Asset Purchase Agreement (Inphonic Inc)

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Transition of Assets and Liabilities. Seller agrees to provide reasonable assistance to Buyer, at Buyer’s expense (except if such assistance is necessary because of Seller’s failure to perform hereunder) in the transition of the Acquired Assets and the Assumed Liabilities to Buyer pursuant to the terms and conditions of this Agreement. ***Confidential Information has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Asset Purchase Agreement (Inphonic Inc)

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