Common use of Liabilities to be Assumed by Buyer Clause in Contracts

Liabilities to be Assumed by Buyer. At the Closing, Buyer will assume and agree to perform and discharge when and as due the following liabilities and obligations, as the same may exist at or accrue following the Closing Date, and no others (the "Assumed Liabilities"):

Appears in 2 contracts

Sources: Asset Purchase Agreement (Hawk Corp), Asset Purchase Agreement (Intermet Corp)

Liabilities to be Assumed by Buyer. At the Closing, Buyer will shall assume and agree to perform and discharge when and as due the following those certain liabilities and obligationsobligations set forth in this Section , as the same may exist at or accrue following the Closing Date, and no others (the "Assumed ASSUMED Liabilities"):

Appears in 1 contract

Sources: Asset Purchase Agreement (Lason Inc)