Common use of Assumption of Risk—Seller Clause in Contracts

Assumption of Risk—Seller. Except as set forth in this Agreement, Seller assumes all risks of destruction, loss, or damage due to any casualty, including any liability arising out of ownership of the Purchased Assets, up to the time of the Closing.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Lodging Fund REIT III, Inc.), Asset Purchase Agreement, Asset Purchase Agreement (Lodging Fund REIT III, Inc.)

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Assumption of Risk—Seller. Except as set forth in this Agreement, Seller assumes all risks of destruction, loss, or damage due to any casualty, including any liability arising out of ownership of the Purchased Assets, up to the time of the Closing.. B.

Appears in 1 contract

Samples: Purchase and Sale of Business Assets (Americhip International Inc)

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