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 of any Liabilities of the Company or Classic. The Purchaser does not by this ▇▇▇▇ of Sale and Assignment assume or agree to pay, perform or discharge any Liabilities of the Company or Classic 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 Company.

Obligations and Liabilities Not Assumed. 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. Nothing expressed or implied in this ▇▇▇▇ of Sale and Assignment shall be deemed to be an assumption by the Purchaser of any Liabilities liabilities of the Company or ClassicSeller. The Purchaser does not by this ▇▇▇▇ of Sale and Assignment assume or agree to pay, perform or discharge any Liabilities liabilities of the Company or Classic 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 Company.