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Common use of Assumption of Contracts Clause in Contracts

Assumption of Contracts. Purchaser shall assume and fully discharge as they become due all liabilities and obligations arising after the Determination Date under the Contracts.

Appears in 4 contracts

Sources: Branch Purchase and Deposit Assumption Agreement (Access Anytime Bancorp Inc), Branch Purchase and Deposit Assumption Agreement (Access Anytime Bancorp Inc), Branch Purchase and Deposit Assumption Agreement (Matrix Bancorp Inc)

Related Clauses

  • Assignment of Contracts
  • Assumption of Agreements
  • Assumption Agreements
  • Termination of Contracts
  • Assumption of Agreement

Parent Clauses

  • Miscellaneous
  • Employee Benefit and Compensation Plans and Agreements Other Contracts
  • Termination
  • Closing Conditions
  • PURCHASE AND SALE

Sub-Clauses

  • Termination
  • Purchase Price
  • INDEMNIFICATION
  • Interest
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