Benefits; Miscellaneous. Notwithstanding the foregoing, Buyer shall not be liable for any obligations arising out of participation by Transferred Employees in the Employee Benefit Plans of Seller.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Tesoro Petroleum Corp /New/), Asset Purchase Agreement (Giant Industries Inc), Asset Purchase Agreement (Tesoro Petroleum Corp /New/)
Benefits; Miscellaneous. Notwithstanding the foregoing, Buyer Buyer, and Buyer’s Affiliates, shall not be liable for any obligations of Seller or its Affiliates arising out of participation by Transferred Employees in the Employee Benefit Plans employee benefit plans of SellerSeller or its Affiliates.
Appears in 2 contracts
Samples: Purchase Agreement (Buckeye Partners, L.P.), Purchase Agreement (Magellan Midstream Partners Lp)
Benefits; Miscellaneous. Notwithstanding the foregoing, Buyer shall not be liable for any obligations arising out of participation by Transferred Employees in the Employee Benefit Plans employee benefit plans of Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (Kaneb Pipe Line Operating Partnership Lp)