Definition of Assumed Liabilities. For the avoidance of doubt, the Assumed Liabilities include any and all recourse and repurchase obligations of the Seller under the UNL Leases and the Perfect Pay Agreements, and the Seller’s Liabilities associated with security deposits under the Finance Leases, Perfect Pay Agreements and UNL Leases.
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Alfa Corp)