Common use of No Assumed Obligations Clause in Contracts

No Assumed Obligations. The Buyer shall have no responsibility for any of the Sellers’ obligations related to the Purchased Assets (including leases and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations shall remain with the Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Eco Science Solutions, Inc.), Asset Purchase Agreement (Separation Degrees - One, Inc.), Asset Purchase Agreement (Separation Degrees - One, Inc.)

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No Assumed Obligations. The Buyer shall have no responsibility for any of the Sellers' obligations related to the Purchased Assets (including leases and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations shall remain with the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Separation Degrees - One, Inc.)

No Assumed Obligations. The Buyer does not assume and shall have no responsibility for any of the Sellers’ Seller obligations related to the Purchased Assets (including leases and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations shall remain with the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Greenfield Groves Inc.)

No Assumed Obligations. The Buyer Buyers shall have no responsibility for any of the Sellers’ obligations related to the Purchased Assets (including leases contracts, leases, and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations shall remain with the SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Live Event Media, Inc.)

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No Assumed Obligations. The Buyer shall have no responsibility for any of the Sellers’ Seller's obligations related to the Purchased Assets (including leases contracts, leases, purchase orders and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations shall remain with the SellerSeller and are herein referred to as the "Excluded Obligations."

Appears in 1 contract

Samples: Asset Acquisition Agreement (Neometrix Technology Group Inc)

No Assumed Obligations. The Buyer does not assume and shall have no responsibility for any of the Sellers’ Seller obligations related to the Purchased Assets (including leases and liabilities of any type, kind or nature), whether fixed, accrued, contingent or otherwise, and whether arising in contract, in tort, by violation of law, by operation of law, or otherwise, and all such obligations obligations, past, present, or arising in the future, shall remain with the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eco Science Solutions, Inc.)

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