Common use of Assumption Instruments Clause in Contracts

Assumption Instruments. The Purchaser shall have executed and delivered to the Purchaser such instruments of assumption, in forms mutually agreed by the Seller and the Purchaser, reasonably deemed necessary to assume the Assumed Liabilities in accordance with the terms of this Agreement, together with such other assignment and conveyance instruments required under Section 2.5 hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Ixys Corp /De/), Asset Purchase Agreement (Ixys Corp /De/)