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Common use of No Assumption of Obligations Clause in Contracts

No Assumption of Obligations. Except as expressly provided in this Agreement: (i) neither Party is assuming any of the other Party's responsibilities, duties (including, without limitation, compliance with all applicable laws and regulations), obligations (including payment obligations), claims, Damages, liabilities, burdens and problems of any nature whatsoever (collectively, "Obligations"), whether by operation of law or otherwise, and (ii) without limiting the foregoing, EyeTech is not assuming any of Gilead's Obligations with respect to Transferred Assets.

Appears in 3 contracts

Samples: Licensing Agreement (Eyetech Pharmaceuticals Inc), Licensing Agreement (Eyetech Pharmaceuticals Inc), Licensing Agreement (Osi Pharmaceuticals Inc)

No Assumption of Obligations. Except as expressly provided in this Agreement: (i) neither Party is assuming any of the other Party's responsibilities, duties (including, without limitation, compliance with all applicable laws and regulations), obligations (including payment obligations), claims, Damages, liabilities, burdens and problems of any nature whatsoever (collectively, "Obligations"), whether by operation of law or otherwise, and (ii) without limiting the foregoing, EyeTech Xxxxx is not assuming any of GileadImmunotech's Obligations with respect to Transferred Assets.

Appears in 2 contracts

Samples: Exclusive Sub Licensing Agreement, Exclusive Sub Licensing Agreement (Immunotech Laboratories, Inc.)

No Assumption of Obligations. Except as expressly provided in this Agreement: (i) neither Party is assuming any of the other Party's responsibilities, duties (including, without limitation, compliance with all applicable laws and regulations), obligations (including payment obligations), claims, Damages, liabilities, burdens and problems of any nature whatsoever (collectively, "Obligations"), whether by operation of law or otherwise, and (ii) without limiting the foregoing, EyeTech is not assuming any of GileadCMI's Obligations with respect to Transferred Assets.

Appears in 2 contracts

Samples: Development and Sublicensing Agreement (Cancervax Corp), Development and Sublicensing Agreement (Cancervax Corp)

No Assumption of Obligations. Except as expressly provided in this Agreement: (i) neither Party is assuming any of the other Party's ’s responsibilities, duties (including, without limitation, compliance with all applicable laws and regulations), obligations (including payment obligations), claims, Damages, liabilities, burdens and problems of any nature whatsoever (collectively, "Obligations"), whether by operation of law or otherwise, and (ii) without limiting the foregoing, EyeTech is not assuming any of Gilead's ’s Obligations with respect to Transferred Assets.

Appears in 1 contract

Samples: Licensing Agreement (Gilead Sciences Inc)

No Assumption of Obligations. Except as expressly provided in this Agreement: (i) neither Party is assuming any of the other Party's responsibilities, duties (including, without limitation, compliance with all applicable laws and regulations), obligations (including payment obligations), claims, Damages, liabilities, burdens and problems of any nature whatsoever (collectively, "Obligations"), whether by operation of law or otherwise, and (ii) without limiting the foregoing, EyeTech Gxxxx is not assuming any of GileadImmunotech's Obligations with respect to Transferred Assets.

Appears in 1 contract

Samples: Exclusive Sub Licensing Agreement (Immunotech Laboratories, Inc.)