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Absence of Undisclosed Liabilities
Absence of Undisclosed Liabilities contract clause examples

Assumed Liabilities. Subject to the terms and conditions set forth herein, Purchaser shall assume and agree to pay, perform and discharge when due the following liabilities and obligations of [[Organization A:Organization]] arising out of or relating to the Business or the Purchased Assets (collectively, the “Assumed Liabilities”):

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Excluded Liabilities. Purchaser shall not assume and shall not be responsible to pay, perform or discharge any liabilities or obligations of [[Organization A:Organization]] other than the Assumed Liabilities (collectively, the “Excluded Liabilities”), including, without limitation:

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