Common use of No Assumption of Other Liabilities Clause in Contracts

No Assumption of Other Liabilities. Except for the Assumed Contract Liabilities identified in Section 2, Assignee does not assume, and shall not in any manner become responsible or liable for, and Assignor shall retain, pay, discharge and perform in full, all other debts, obligations or liabilities of Assignor, whether known or unknown, fixed, contingent or otherwise.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (American Shared Hospital Services), Assignment and Assumption Agreement (American Shared Hospital Services), Assignment and Assumption Agreement (American Shared Hospital Services)

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No Assumption of Other Liabilities. Except for the Assumed Contract Liabilities identified in Section 2, . Assignee does not assume, and shall not in any manner become responsible or liable for, and Assignor shall retain, pay, discharge and perform in full, all other debts, obligations or liabilities of Assignor, whether known or unknown, fixed, contingent or otherwise.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (American Shared Hospital Services)

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