Common use of Contribution and Assumption Clause in Contracts

Contribution and Assumption. Section 2.1 Contribution of Assets and Assumption of Liabilities..................9 Section 2.2 Methods of Transfer and Assumption....................................9 Section 2.3 Novation of Assumed Partnership Liabilities..........................10 ARTICLE III LITIGATION....................................................................11 Section 3.1 Allocation...........................................................11 Section 3.2 Cooperation..........................................................11

Contribution and Assumption. Section 2.1 Contribution of Assets and Assumption of Liabilities....................................................9 Section 2.2 Methods of Transfer and Assumption........................................................................................9 Section 2.3 Delayed Transfers....................................................................11 Section 2.4 Novation of Assumed Partnership Tality Liabilities..........................10 ...............................................11 ARTICLE III LITIGATION....................................................................11 .........................................................................................12 Section 3.1 Allocation...........................................................11 ...........................................................................12 Section 3.2 Cooperation..........................................................11..........................................................................13