No Assumption by ▇▇▇▇▇▇ Sample Clauses

No Assumption by ▇▇▇▇▇▇. Notwithstanding anything to the contrary contained herein, this Mortgage shall not constitute an assumption by Lender of the Sublease, and Lender shall have no liability or obligation thereunder by reason of its acceptance of this Mortgage.
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No Assumption by ▇▇▇▇▇▇. Notwithstanding the assignment herein made, and notwithstanding anything herein contained seemingly to the contrary: (a) Borrower shall remain liable under the TIF Agreements to perform all of Borrower's obligations thereunder in accordance with and pursuant to the terms and provisions thereof; (b) while any Event of Default exists, any obligation of Borrower under the TIF Agreements or with respect to the Property or the Project may be performed by Lender or its nominee or other assignee (but Lender shall have no obligation to do so), and no such performance shall release Borrower from such obligations (or from its other obligations under the TIF Agreements) nor result in any assumption of said obligation (or of such other obligations) by Lender; and (c) Lender shall have no obligation or liability under the TIF Agreements by reason of or arising out of this Agreement or the assignment herein made, nor shall Lender be required or obligated in any manner to perform or fulfill any obligations of Borrower under or pursuant to the TIF Agreements.
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No Assumption by ▇▇▇▇▇▇. Lender will not be deemed in any manner to have assumed any liabilities or obligations relating to any of the Additional Collateral, nor shall Lender be liable to Governmental Authorities or Contractors by reason of any default by any party under the Licenses or Contracts. ▇▇▇▇▇▇▇▇ agrees to indemnify and to hold Lender harmless of and from any and all liability, loss or damage which it may or might incur by reason of any claims or demands against it based on its alleged assumption of ▇▇▇▇▇▇▇▇'s duty and obligation to perform and discharge the terms, covenants and agreements of said Licenses, Contracts and Warranties.
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Related to No Assumption by ▇▇▇▇▇▇

  • No Assumption No approvals or acceptances by, or on behalf of, TFC shall be deemed to be an assumption of any responsibility by TFC for any defect, error or omission in said Deliverables or Professional Services.

  • No Assumption of Liabilities COMPANY shall not assume or be obligated to pay any liabilities or obligations of Cerulean other than those liabilities arising after the Effective Date under the Assigned Assets that (a) do not arise from or relate to any breach by Cerulean of the Assigned Contracts, and (b) do not arise from or relate to any event, circumstance or condition occurring or existing on or prior to the Effective Date that, with notice or lapse of time, would constitute or result in a breach of any of such Assigned Contracts (collectively, “Assumed Liabilities”). All liabilities or obligations of Cerulean that are not Assumed Liabilities shall be collectively referred to as the “Retained Liabilities”. Cerulean shall be responsible for and shall pay when due all of its Retained Liabilities, including (i) all of its obligations and liabilities, including all obligations and liabilities arising out of, related to or in connection with any circumstances, causes of action, breach, violation, default or failure to perform with respect to the Assigned Assets prior to the Effective Date, (ii) any liabilities in respect of Taxes of Cerulean, (iii) any liabilities in respect of Taxes relating to the Products or the Assigned Assets that were incurred in or are attributable to the Pre-Effective Date Tax Period, and (iv) any Taxes arising in connection with the transactions contemplated by this Agreement. Nothing contained in this Agreement shall be construed as an agreement by COMPANY to assume any liability or to perform any obligation of Cerulean, whether known or unknown, fixed or contingent, asserted or unasserted, accrued or unaccrued, matured or unmatured, liquidated or unliquidated (including those arising out of any contract or tort, whether based on negligence, strict liability or otherwise) other than the Assumed Liabilities.

  • No Assumption of Liability The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured Party to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral.

  • No Assumption of Obligations These transfers and absolute assignments do not, and are not intended to, include any obligation of the Depositor or any Originator to the Obligors or any other Person relating to the Receivables and the other Depositor Transferred Property, and the Issuer does not assume any of these obligations.

  • Assignment; Assumption by Successor The rights of the Company under this Agreement may, without the consent of Executive, be assigned by the Company, in its sole and unfettered discretion, to any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly, acquires all or substantially all of the assets or business of the Company. The Company will require any successor (whether direct or indirect, by purchase, merger or otherwise) to all or substantially all of the business or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place; provided, however, that no such assumption shall relieve the Company of its obligations hereunder. As used in this Agreement, the “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise.