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, Assignees are acquiring only the Assigned Interests and are not assuming any liability or obligation of Assignor or Guilford of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Distribution Agreement, License Agreement or any other Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of Assignor or Guilford (the "Excluded Liabilities and Obligations").

Appears in 1 contract

Samples: Revenue Interest Assignment Agreement (Guilford Pharmaceuticals Inc)

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No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, Assignees are Assignee is acquiring only the Assigned Interests and are is not assuming any liability or obligation of Assignor or Guilford Ortec of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Distribution Agreement, Future Agreement, License Agreement or and any other Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of Assignor or Guilford Ortec (the "Excluded Liabilities and Obligations").

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Ortec International Inc)

No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, Assignees are Assignee is acquiring only the Assigned Interests and are not assuming any liability or obligation of Assignor or Guilford Company of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Distribution Agreement, License Agreement or any other Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of Assignor or Guilford Company (the "β€œExcluded Liabilities and Obligations"”).

Appears in 1 contract

Samples: Royalty Interest Assignment Agreement (Dyax Corp)

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No Assumed Obligations. Notwithstanding any provision in this Agreement or any other writing to the contrary, Assignees are Assignee is acquiring only the Assigned Interests and are is not assuming any liability or obligation of Assignor or Guilford Orthovita of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Distribution Agreement, License Agreement or and any other Transaction Document or otherwise. All such liabilities and obligations shall be retained by and remain obligations and liabilities of Assignor or Guilford Orthovita (the "Excluded Liabilities and Obligations").

Appears in 1 contract

Samples: Revenue Interests Assignment Agreement (Orthovita Inc)

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