Common use of Third Party Liabilities Clause in Contracts

Third Party Liabilities. In connection with the Operations or the Acquired Assets, neither Seller nor the Company has undertaken, assumed, become subject to, or provided an indemnity or otherwise assumed by Contract or operation of Law, any Liabilities or obligations of any other Person under or related to Environmental Law, and neither Seller nor any of its Affiliates has received written notice that there are Environmental Claims pending or threatened against any other Person whose Liability therefor may have been retained or assumed by, or imputed or attributed to, Seller or the Company relating in any way to the Operations or the Acquired Assets.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (SkyWater Technology, Inc), Membership Interest Purchase Agreement (SkyWater Technology, Inc)