Common use of Obligations and Liabilities Not Assumed Clause in Contracts

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ Sale and Assignment shall be deemed to be an assumption by the Purchaser of any Liabilities of the Seller. The Purchaser does not by this Bill ▇▇ Sale and Assignment assume or agree to pay, perform or discharge any Liabilities of the Seller of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Qualcomm Inc/De)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser ▇▇▇chaser or its subsidiaries of any Liabilities of the Seller. The Neither the Purchaser does not nor its subsidiaries by this Bill ▇▇ of Sale and Assignment Assignment, agree to assume or agree to pay, perform or discharge ▇▇ ▇ischarge any Liabilities liabilities of the Seller of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Tropical Sportswear International Corp)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ Sale and Assignment shall be deemed to be an assumption by the Purchaser of any Liabilities liabilities or obligations of the Seller. The Purchaser does not by this Bill ▇▇ Sale and Assignment assume or agree to pay, perform or discharge any Liabilities of the Seller of any nature, kind liabilities or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.obligations of

Appears in 1 contract

Sources: Purchase Agreement (Reynolds & Reynolds Co)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser Buyer of any Liabilities of Seller other than the SellerAssumed Liabilities. The Purchaser Buyer does not by this Bill ▇▇ of Sale and Assignment assume or agree to pay, perform or discharge any Liabilities of the Seller of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Bill of Sale and Assignment

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ of Sale and Assignment shall be deemed to be an assumption assum▇▇▇▇n by the Purchaser Buyer of any Liabilities liabilities of the Seller. The Purchaser does not Buyer by this Bill ▇▇ of Sale and Assignment does not agree to assume or agree ag▇▇▇ to pay, perform or discharge any Liabilities liabilities of the Seller of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (J Net Enterprises Inc)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser ▇▇▇ Buyer or its subsidiaries of any Liabilities liabilities of the SellerSellers. The Purchaser does not Neither the Buyer nor its subsidiaries by this Bill ▇▇ of Sale and Assignment Assignment, agrees to assume or agree agrees to pay, perform pe▇▇▇▇m or discharge any Liabilities liabilities of the Seller Sellers of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Insilco Holding Co)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill ▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser ▇▇▇ Buyer or its subsidiaries of any Liabilities liabilities of the SellerSellers. The Purchaser does not Neither the Buyers nor its subsidiaries by this Bill ▇▇ of Sale and Assignment Assignment, agree to assume or agree to pay, perform or perfo▇▇ ▇r discharge any Liabilities liabilities of the Seller Sellers of any nature, kind or description whatsoever. The terms and provisions of the assumption of Liabilities by the Purchaser are set forth in the Assumption Agreement dated as of the date hereof between the Purchaser and the Seller.

Appears in 1 contract

Sources: Stock and Asset Purchase Agreement (Insilco Technologies Inc)