Common use of Assumption by the Purchaser Clause in Contracts

Assumption by the Purchaser. As of the Closing Date, the Purchaser does hereby assume those obligations and liabilities of the Vendors under the Contracts which are to be paid, satisfied, discharged, performed or fulfilled after the Closing Date and which did not arise directly or indirectly as a result of a default occurring prior to the Closing Date (which obligations and liabilities are herein called the “Purchaser Assumed Obligations”) and covenants and agrees with the Vendors and SEA that from the Closing Date the Purchaser will pay, satisfy, discharge, perform and fulfil all the Purchaser Assumed Obligations.

Assumption by the Purchaser. As of the Closing Date, the Purchaser does hereby assume those obligations and liabilities of the Vendors Vendor under the Contracts which that are to be paid, satisfied, discharged, performed or fulfilled after the Closing Date and which that did not arise directly or indirectly as a result of a default occurring prior to the Closing Date (which obligations and liabilities are herein called the “Purchaser "Assumed Obligations”") and covenants and agrees with the Vendors and SEA Vendor that from the Closing Date the Purchaser will pay, satisfy, discharge, perform and fulfil all the Purchaser Assumed Obligations.

Assumption by the Purchaser. As of the Closing Date, the Purchaser does hereby assume those obligations and liabilities of the Vendors Vendor under the Contracts which that are to be paid, satisfied, discharged, performed or fulfilled after the Closing Date and which that did not arise directly or indirectly as a result of a default occurring prior to the Closing Date (which obligations and liabilities are herein called the “Purchaser "Assumed Obligations”") and covenants and agrees with the Vendors and SEA Vendor that from the Closing Date the Purchaser will pay, satisfy, discharge, perform and fulfil fulfill all the Purchaser Assumed Obligations.