Common use of Payment of Retained Liabilities Clause in Contracts

Payment of Retained Liabilities. Seller shall pay, or make adequate provision for the timely payment in full of, all of the Retained Liabilities in a manner which is not detrimental to the relationship between Buyer and any customer, supplier, vendor, or other creditor. If the obligee of any Retained Liability makes a claim against Buyer for the payment thereof, Seller shall cooperate with Buyer to cause such Retained Liability to be discharged at Seller’s sole cost and expense.