take over liabilities

Frequency: 6.47.8 per million words

to assume control and responsibility for existing debts

Categories:

Examples (10)

  • He wants to know the precise amount of the liabilities he is taking over.
  • The new company agreed to take over all the existing liabilities of the acquired firm.
  • During the merger, the larger corporation will take over the financial liabilities of the smaller one.
  • It's crucial to understand what liabilities you are taking over before signing the contract.
  • The successor will take over all the legal liabilities associated with the project.
  • We need to assess if we can afford to take over these outstanding liabilities.
  • Their primary condition for the deal was that the buyer would take over all the long-term liabilities.
  • The government had to take over the bank's massive liabilities to prevent its collapse.
  • As part of the settlement, the defendant agreed to take over the plaintiff's medical liabilities.
  • The new owner will take over the property with all its current liabilities.