Common use of Liabilities Not Being Assumed Clause in Contracts

Liabilities Not Being Assumed. Anything contained herein to the contrary notwithstanding, the Purchaser is expressly not assuming any of the following liabilities or obligations, whether fixed or contingent, known or unknown, matured or unmatured, executory or non-executory, of Seller (the "Excluded Liabilities"), which liabilities and obligations shall at and after the Closing remain the exclusive responsibility of Seller:

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Ugly Duckling Corp), Agreement of Purchase (Ugly Duckling Corp)

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Liabilities Not Being Assumed. Anything contained herein to the contrary notwithstanding, the Purchaser is expressly not assuming any of the following liabilities or obligations, whether fixed or contingent, known or unknown, matured or unmatured, executory or non-executory, of Seller (the "Excluded Liabilities"except as set forth in Section 1.2 above), which liabilities and obligations shall at and after the Closing remain the exclusive responsibility of Seller:.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Ugly Duckling Corp)

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Liabilities Not Being Assumed. Anything contained herein to the contrary notwithstanding, the Seller shall remain responsible for and Purchaser is expressly shall not assuming assume any of the following liabilities or obligations, whether fixed or contingent, known or unknown, matured or unmatured, executory or non-executory, of Seller (the "Excluded Liabilities")Seller, which liabilities and obligations shall at and after the Closing remain the exclusive responsibility of Seller:Seller (the "Excluded Liabilities"):

Appears in 1 contract

Samples: Wavephore Inc

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