Common use of Debts after Closing Clause in Contracts

Debts after Closing. Purchaser shall duly pay all of the debts and obligations of the Business accruing after Closing, unless such debts or obligations are Losses (as defined below) for which Purchaser is indemnified by Sellers in accordance with the provisions hereof.

Appears in 1 contract

Sources: Asset Purchase Agreement (UniTek Global Services, Inc.)

Debts after Closing. Purchaser shall duly pay all of the debts and obligations of the Business accruing on and after Closingthe Closing Date, unless such debts or obligations are Losses (as defined below) for which Purchaser is indemnified by Sellers in accordance with the provisions hereof.

Appears in 1 contract

Sources: Asset Purchase Agreement (UniTek Global Services, Inc.)