Common use of Obligations and Liabilities Not Assumed Clause in Contracts

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this ▇▇▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser or its subsidiaries of any Liabilities of the Seller. Neither the Purchaser nor its subsidiaries by this ▇▇▇▇ of Sale and Assignment, agree to assume or agree to pay, perform or discharge any liabilities of the Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Sources: Umbrella Agreement (Halsey Drug Co Inc/New)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this ▇▇▇▇ 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. Neither the Purchaser Buyers nor its subsidiaries by this ▇▇▇▇ of Sale and Assignment, agree to assume or agree to pay, perform or discharge any liabilities of the Seller Sellers of any nature, kind or description whatsoever.

Appears in 1 contract

Sources: Stock and Asset Purchase Agreement

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this ▇▇▇▇ of Sale and Assignment Conveyance shall be deemed to be an assumption by the Purchaser or its subsidiaries of any Liabilities of the Seller. Neither the The Purchaser nor its subsidiaries does not by this ▇▇▇▇ of Sale and AssignmentConveyance, agree to assume or agree to pay, perform or discharge any liabilities of the Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Sources: Purchase Agreement (Thomson Corp /Can/)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this ▇▇▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser or its subsidiaries of any Liabilities liabilities of the Seller. Neither the Purchaser nor its subsidiaries does not by this ▇▇▇▇ of Sale and Assignment, agree to assume or agree to pay, perform or discharge any liabilities of the Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cirtran Corp)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this ▇▇▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser or its subsidiaries of any Liabilities of the Seller. Neither Other than the Assumed Liabilities, neither the Purchaser nor its subsidiaries by this ▇▇▇▇ of Sale and Assignment, agree to assume or agree to pay, perform or discharge any liabilities of the Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Sources: Asset Purchase Agreement (Utstarcom Inc)