Examples of Assumed Rights and Obligations in a sentence
Acquiring Company shall pay to Splitting Company 1 billion and 850 million Japanese Yen as the consideration for the Assumed Rights and Obligations (However, the difference between the amount of the net assets of the Assumed Rights and Obligations on the Effective Date calculated based upon US GAAP and JPY 355,095,000 shall be increased or decreased).
BRAFV shall indemnify, defend, hold harmless ArchCo from and against any and all claims, damages, losses, liabilities, costs (including, without limitation, reasonable attorneys' fees) and expenses to the extent the same arise on or after the Effective Date with respect to Purchaser's obligations under the Assumed Rights and Obligations.
Assignor hereby assigns to Assignee, effective as of the Effective Date, all of Assignor's rights, interests, duties, burdens and obligations under the Development Agreement with respect to the KRB Property ("Assumed Rights and Obligations").
Assignee hereby assumes, effective as of the Effective Date, all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the KRB Property, and agrees to observe and fully perform all of the Assumed Rights and Obligations of Assignor under the Development Agreement with respect to the KRB Property, and to be subject to all the terms and conditions thereof.
ArchCo shall indemnify, defend, protect and hold harmless BRAFV from and against all claims, damages, losses, liabilities, costs (including, without limitation, reasonable attorneys' fees) and expenses to the extent the same arise before the Effective Date with respect to Purchaser's obligations under the Assumed Rights and Obligations.
ArchCo irrevocably grants, bargains, sells, assigns and otherwise transfers and delivers to BXXX 2, and its successors and assigns, all Phase II Assumed Rights and Obligations.
ArchCo irrevocably grants, bargains, sells, assigns and otherwise transfers and delivers to BXXX 3, and its successors and assigns, all Phase III Assumed Rights and Obligations.
XXXX shall indemnify, defend, hold harmless ArchCo from and against any and all claims, damages, losses, liabilities, costs (including, without limitation, reasonable attorneys’ fees) and expenses to the extent the same arise on or after the Effective Date with respect to Purchaser’s obligations under the Assumed Rights and Obligations.
BXXX 1 shall indemnify, defend, hold harmless each of ArchCo, BXXX 2 and BXXX 3 from and against any and all claims, damages, losses, liabilities, costs (including, without limitation, reasonable attorneys’ fees) and expenses to the extent the same arise on or after the Effective Date with respect to Purchaser’s obligations under the Assumed Rights and Obligations.
Assignor hereby assigns to Assignee, effective as of the Effective Date, all of Assignor's rights, interests, duties, burdens and obligations under the Development Agreement with respect to the ULC Property ("Assumed Rights and Obligations").