Common use of Liabilities Not Assumed by Buyer Clause in Contracts

Liabilities Not Assumed by Buyer. The parties expressly agree and acknowledge that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assets, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise.

Appears in 6 contracts

Samples: Purchase Agreement (Horizon Pharmacies Inc), Purchase Agreement (Horizon Pharmacies Inc), Purchase Agreement (Horizon Pharmacies Inc)

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Liabilities Not Assumed by Buyer. The parties expressly agree and acknowledge that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assets, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise; except as provided in Section 3.1.7.

Appears in 2 contracts

Samples: Purchase Agreement (Horizon Pharmacies Inc), Purchase Agreement (Horizon Pharmacies Inc)

Liabilities Not Assumed by Buyer. The parties It is expressly agree understood and acknowledge agreed that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of the Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assetsassets to be transferred hereunder, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwiseotherwise except the Security interest securing Buyer's Note to Seller.

Appears in 2 contracts

Samples: Purchase Agreement (Horizon Pharmacies Inc), Purchase Agreement (Horizon Pharmacies Inc)

Liabilities Not Assumed by Buyer. The parties It is expressly agree understood and acknowledge agreed that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of the Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assetsassets to be transferred hereunder, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise.

Appears in 1 contract

Samples: Purchase Agreement (Horizon Pharmacies Inc)

Liabilities Not Assumed by Buyer. The parties expressly agree and acknowledge that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assets, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise.; except as provided in Section 3.1.7

Appears in 1 contract

Samples: Purchase Agreement (Horizon Pharmacies Inc)

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Liabilities Not Assumed by Buyer. The parties expressly agree and acknowledge that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store Assets, regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise.. --------------- 6 ---------------- BUYER'S INITIAL SELLER'S INITIAL

Appears in 1 contract

Samples: Purchase Agreement (Horizon Pharmacies Inc)

Liabilities Not Assumed by Buyer. The parties expressly agree and acknowledge that Buyer shall not, by virtue of this Agreement, the consummation of the transactions contemplated herein or otherwise, assume any liabilities or obligations of Seller or any liabilities or obligations constituting a charge, lien, encumbrance or security interest upon the Drug Store AssetsAssets except those listed on Exhibit "D", regardless of whether such liabilities or obligations are absolute or contingent, liquidated or unliquidated or otherwise.

Appears in 1 contract

Samples: Purchase Agreement (Horizon Pharmacies Inc)

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