General Limitation on Assumption of Liabilities. Except for Permitted Encumbrances and as otherwise provided in this Section 2.3, Seller shall transfer the Purchased Assets to Buyer free and clear of all Encumbrances, and Buyer shall not, by virtue of its purchase of the Purchased Assets, assume or become responsible for any liabilities or obligations of Seller.
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Samples: Asset Purchase Agreement (Alpha Nutraceuticals Inc), Asset Purchase Agreement (Alpha Nutraceuticals Inc)
General Limitation on Assumption of Liabilities. Except for Permitted Encumbrances and as otherwise provided in this Section 2.32.4, Seller shall transfer the Purchased Assets to Buyer Purchaser free and clear of all Encumbrances, and Buyer Purchaser shall not, by virtue of its purchase of the Purchased Assets, assume or become responsible for any liabilities or obligations of Seller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (24/7 Media Inc), Asset Purchase Agreement (K2 Design Inc)
General Limitation on Assumption of Liabilities. Except for Permitted Encumbrances and as otherwise provided in this Section 2.3Sections 4.2, 4.3, 4.4 and 4.5 and Article 14.0 below, Seller shall transfer the Purchased Assets to Buyer Purchaser free and clear of all Encumbrances, and Buyer without any assumption of liabilities and obligations, and Purchaser shall not, by virtue of its purchase of the Purchased Assets, assume or become responsible for any liabilities or obligations of Seller.
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General Limitation on Assumption of Liabilities. Except for Permitted Encumbrances and as otherwise provided in this Section 2.3Sections 4.2 below, Seller shall transfer the Purchased Assets to Buyer Purchaser free and clear of all Encumbrances, and Buyer without any assumption of liabilities and obligations, and Purchaser shall not, by virtue of its purchase of the Purchased Assets, assume or become responsible for any liabilities or obligations of Seller.of:
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