Specific Allocable Assets and Liabilities. All assets and liabilities of Target that are specifically allocable to the Apparel Fabric Business shall be transferred to and assumed by GL and the GL Buyer, and all assets and liabilities of Target that are specifically allocable to the Nonwoven Business shall be retained by PGI and DTA, without any adjustment in the purchase price for each Business.
Appears in 2 contracts
Sources: Acquisition Agreement (Galey & Lord Inc), Acquisition Agreement (Polymer Group Inc)