Common use of Assumption of Debt Clause in Contracts

Assumption of Debt. At Closing, Buyer shall assume all of the debt and the liabilities of the Company listed on Schedule 2.02(b) (hereinafter, the “Assumed Company Debt”); and

Appears in 3 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Iron Eagle Group, Inc.), Share Purchase Agreement (Iron Eagle Group, Inc.)

Assumption of Debt. At Closing, Buyer shall assume all of the debt and the liabilities of the Company listed on Schedule 2.02(b) (hereinafter, hereinafter collectively referred to as the “Assumed Company Debt”); and. The exact amounts of the Assumed Company Debt are listed in Schedule 2.02(a).

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Iron Eagle Group, Inc.)