Assumed Liabilities definition

Assumed Liabilities has the meaning set forth in Section 2.3.
Assumed Liabilities shall have the meaning set forth in Section 2.4.
Assumed Liabilities shall have the meaning assigned thereto in Section 2.1(e).

Examples of Assumed Liabilities in a sentence

  • In Consideration for the transferrable delay of the shares, the Buyer shall assume the Assumed Liabilities of the Seller.

  • Purchaser is and shall be capable of satisfying the conditions contained in sections 365(b)(1)(C) and 365(f) of the Bankruptcy Code with respect to the Assigned Contracts and the related Assumed Liabilities.

  • Purchaser (via Guarantor) has, and will have at the Closing, sufficient funds in an aggregate amount necessary to pay the Purchase Price, to perform the Assumed Liabilities as they become due in accordance with their terms and to consummate all of the other Transactions, including the payment of the Purchase Price and all fees, expenses of, and other amounts required to be paid by, Purchaser in connection with the Transactions.

  • Any sales, use, transfer, deed, fixed asset, stamp, documentary stamp, use or other similar Taxes and recording charges payable by reason of the sale of the Acquired Assets or the assumption of the Assumed Liabilities under this Agreement (the “Transfer Taxes”) shall be borne and timely paid by Purchaser, and Purchaser shall timely file all Tax Returns related to any Transfer Taxes.

  • No Seller nor any Non-Debtor is in default, in any material respect, with respect to its obligations under any Insurance Policy and no Seller nor any Non-Debtor has been subject to any gaps in insurance coverage with respect to the Acquired Assets or Assumed Liabilities in the last two years.


More Definitions of Assumed Liabilities

Assumed Liabilities has the meaning set forth in Section 1.1(c).
Assumed Liabilities shall have the meaning ascribed to such term in Section 2.3 hereof.
Assumed Liabilities shall have the meaning set forth in Section 1.03.
Assumed Liabilities as defined in Section 2.4(a).
Assumed Liabilities has the meaning set forth in Section 2.2 of this Agreement.
Assumed Liabilities has the meaning set forth in Section 1.5.
Assumed Liabilities is defined in Section 1.3.