Common use of Assumption by the Purchaser Clause in Contracts

Assumption by the Purchaser. Upon and subject to the terms of the Asset Purchase Agreement, effective at the Time of Closing, the Purchaser hereby assumes and agrees to fulfill, perform and discharge the Assumed Liabilities.

Assumption by the Purchaser. Upon and subject to the terms of the Asset Purchase Agreement, effective at the Time of ClosingClosing Time, the Purchaser hereby assumes and agrees to fulfill, perform and discharge the Assumed Liabilities.