Common use of No Assumed Obligations Clause in Contracts

No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, PRF is acquiring only the Assigned Interests and is not assuming any liability or obligation of the Company or any of its Affiliates of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of the Company or its Affiliates (the “Excluded Liabilities and Obligations”).

Appears in 2 contracts

Samples: Revenue Interests Assignment Agreement (Oscient Pharmaceuticals Corp), Revenue Interests Assignment Agreement (Oscient Pharmaceuticals Corp)

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No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, PRF is acquiring only the Assigned Interests Purchased Interest and is not assuming any liability or obligation of the Company AVANT or any of its Affiliates of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any of the License Agreements or any Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of the Company AVANT or its Affiliates (the “Excluded Liabilities and Obligations”).

Appears in 1 contract

Samples: Purchase Agreement (Avant Immunotherapeutics Inc)

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No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, PRF is acquiring only the Assigned Interests and is not assuming any liability or obligation of the Company Acorda or any of its Affiliates of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of the Company Acorda or its Affiliates (the “Excluded Liabilities and Obligations”).

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Acorda Therapeutics Inc)

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