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Common use of Retention of Liabilities Clause in Contracts

Retention of Liabilities. To the extent that SUREBEAM does not assume a Liability, Titan will retain, discharge and pay such Liabilities.

Appears in 2 contracts

Sources: Employee Benefits Agreement (Surebeam Corp), Employee Benefits Agreement (Titan Corp)

Related Clauses

  • Novation of Liabilities
  • Limitation of Liabilities
  • Exclusion of Liabilities
  • Allocation of Liabilities
  • Satisfaction of Liabilities

Parent Clauses

  • Purchase and Sale of the Acquired Assets
  • Retirement Plans
  • Defined Benefit Pension Plans
  • Executive Compensation Programs
  • Excess Benefit Plan

Sub-Clauses

  • Liabilities Relating to Excluded Assets
  • Taxes
  • Indebtedness
  • Litigation
  • Employees
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