Examples of Assumed Obligations in a sentence
Sellers will, and Majority Equityholders will cause Sellers to, promptly open and deliver to Buyer the original of any mail or other communication received by Sellers after the Closing that relates to the Purchased Assets or the Assumed Obligations.
Except for the Assumed Obligations, Buyer is not assuming any of Sellers’ liabilities or obligations, whether known or unknown, contingent or realized.
If any such communication does not relate to the Purchased Assets or the Assumed Obligations, Buyer will promptly forward such communication to Sellers.
Sellers hereby irrevocably authorize Buyer after the Closing to receive and open all mail and other communications received by Bxxxx and addressed or directed to Sellers and, to the extent relating to the Purchased Assets or the Assumed Obligations, to act with respect to such communications in such manner as Buyer may elect.