Common use of Liabilities Not Being Assumed Clause in Contracts

Liabilities Not Being Assumed. The Acquiror is not assuming and shall not be obligated to pay or satisfy, and the Seller shall remain responsible for, any Liabilities other than the Assumed Liabilities (collectively, the “Excluded Liabilities”), including the following:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Standard Dental Labs Inc.), Asset Purchase Agreement (Costas Inc)

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Liabilities Not Being Assumed. The Acquiror is not assuming and Other than the Assumed Obligations, Buyer shall not be obligated to pay assume or satisfy, perform and the Seller shall remain responsible for, is not assuming or performing any Liabilities other than the Assumed Liabilities of Seller (collectively, the “Excluded Retained Liabilities”), and Seller shall remain responsible for all Retained Liabilities, including the following:

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Nutri System Inc /De/)

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