Common use of No Assumption of Liabilities Clause in Contracts

No Assumption of Liabilities. Purchaser shall not assume any of the existing liabilities, indebtedness, commitments or obligations of any nature whatsoever (whether fixed or contingent) of Seller in respect of the Property or otherwise, except those expressly assumed herein.

Appears in 3 contracts

Sources: Agreement of Sale and Purchase (Ramsay Health Care Inc), Agreement of Sale and Purchase (Ramsay Health Care Inc), Agreement of Sale and Purchase (Ramsay Health Care Inc)

No Assumption of Liabilities. The Purchaser shall not in no event assume or be responsible for any of the existing liabilities, indebtednessliens, commitments security interests, claims, obligations or obligations encumbrances of any nature whatsoever (whether fixed or contingent) of Seller in respect of the Property Seller, contingent or otherwise, except those unless expressly assumed stated herein.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Tucana Lithium Corp.), Asset Purchase Agreement (Oteegee Innovations, Inc.)

No Assumption of Liabilities. Purchaser shall not assume assume, shall not take subject to, and shall not in any of the existing liabilitiesway be liable for, indebtedness, commitments any liabilities or obligations of any nature whatsoever (kind or nature, whether fixed absolute, contingent, accrued, known or contingent) unknown, of Seller in respect of the Property or otherwise, except those expressly assumed hereinSeller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Adex Media, Inc.), Asset Purchase Agreement (Handheld Entertainment, Inc.)

No Assumption of Liabilities. The Purchaser shall not in no event assume or be responsible for any of the existing liabilities, indebtednessliens, commitments security interests, claims, obligations or obligations encumbrances of any nature whatsoever (whether fixed or contingent) of Seller in respect of the Property Seller, contingent or otherwise, except those expressly assumed herein.

Appears in 2 contracts

Sources: Asset Purchase Agreement (310 Holdings, Inc.), Asset Purchase Agreement (Red Rock Pictures Holdings, Inc)