Common use of Assumptions of Liabilities Clause in Contracts

Assumptions of Liabilities. Upon satisfaction of all conditions to the -------------------------- obligations of the parties contained herein (other than such conditions as shall have been waived in accordance with the terms hereof), shall assume liabilities and obligations regarding product quality and replacements. The Buyer is not assuming, and will not be obligated or liable for, any liability of the Company as it relates to the services provided. The Company will not assume and will not be obligated for any product related issues. All products related issues will be the responsibility of the Buyer. All information in the marketing material and corresponded will be the liability of the Buyer. The Company will serve as the distribution center for the marketing material.

Appears in 1 contract

Sources: Binding Letter of Intent (Gateway Distributors LTD)

Assumptions of Liabilities. Upon satisfaction of all conditions to the -------------------------- --------------------------- obligations of the parties contained herein (other than such conditions as shall have been waived in accordance with the terms hereof), shall assume liabilities and obligations regarding product quality and replacements. The Buyer is not assuming, and will not be obligated or liable for, any liability of the Company as it relates to the services provided. The Company will not assume and will not be obligated for any product related issues. All products related issues will be the responsibility of the Buyer. All information in the marketing material and corresponded will be the liability of the Buyer. The Company will serve as the distribution center for the marketing material.

Appears in 1 contract

Sources: Binding Letter of Intent (Marshall Holdings International, Inc.)