No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed the Assumed Liabilities.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Hariston Corp), Asset Purchase Agreement (Shelby Williams Industries Inc), Asset Purchase Agreement (Healthtronics Inc /Ga)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 4 contracts
Samples: Asset Purchase Agreement (KMG Chemicals Inc), Asset Purchase Agreement (Neon Systems Inc), Asset Purchase Agreement (United Components Inc)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities any liabilities of Seller hereunder shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Buyer as compared to the rights and remedies which that such third party would have had against the Seller had the Purchaser Buyer not assumed such liabilities. Without limiting the Assumed Liabilitiesgenerality of the preceding sentence, the assumption by Buyer of such liabilities shall not create any third-party beneficiary rights.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Azz Inc), Asset Purchase Agreement (Azz Inc), Asset Purchase Agreement (Azz Inc)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Liabilities shall not create any third-party beneficiary rights.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement
No Expansion of Third Party Rights. The assumption or payment by the Purchaser of the Assumed Liabilities Liabilities, and the transfer thereof by the Seller, shall not in no way expand the rights or remedies of any third party parties against the Purchaser or the Seller Seller, as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by the Purchaser of the Assumed LiabilitiesLiabilities shall not create any third party beneficiary rights.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Fun City Popcorn Inc), Asset Purchase Agreement (Fun City Popcorn Inc), Asset Purchase Agreement (Fun City Popcorn Inc)
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser Purchaser, Sellers or the Seller any affiliate of any of them as compared to the rights and remedies which such third party would have had against the Seller Sellers had the Purchaser not assumed such obligations (other than the right to enforce any Assumed Liabilities directly against Purchaser as a result of the assumption of the Assumed LiabilitiesLiabilities by Purchaser).
Appears in 2 contracts
Samples: Asset Purchase Agreement (Xcorporeal, Inc.), Asset Purchase Agreement (National Quality Care Inc)
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Purchaser of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 2 contracts
Samples: Asset Purchase Agreement (America Service Group Inc /De), Asset Purchase Agreement (Sportstrac Systems Inc)
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller as compared to the rights and remedies which such third party would have had against Seller absent the Seller Bankruptcy Cases, had the Purchaser not assumed such Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Purchaser of the Assumed LiabilitiesLiabilities shall not create any third-party beneficiary rights other than with respect to the Person that is the obligee of such Assumed Liability.
Appears in 2 contracts
Samples: Asset Sale and Purchase Agreement (@Road, Inc), Sale and Purchase Agreement
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities Obligations shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed LiabilitiesObligations. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Obligations shall not create any third party beneficiary rights.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (SolarWinds, Inc.)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller Sellers as compared to the rights and remedies which such third party would have had against the Seller Sellers had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Wells Gardner Electronics Corp), Shareholder Purchase Agreement (Wells Gardner Electronics Corp)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities and the transfer thereof by Seller shall not expand the rights or remedies of any third party person or entity against the Purchaser Buyer or the Seller as compared to the rights and remedies which that such third party person or entity would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the foregoing, the assumption by Buyer of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 2 contracts
Samples: Agreement of Sale (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp)
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser or the Seller as compared to with the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed the Assumed Liabilities.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Comprehensive Medical Diagnostics Group Inc), Asset Purchase Agreement (Comprehensive Medical Diagnostics Group Inc)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities Liabilities, and the transfer thereof by the Company, shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Buyer as compared to the rights and remedies which such third party would have had against the Seller Company had the Purchaser Buyer not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed LiabilitiesLiabilities shall not create any third party beneficiary rights.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Sunair Services Corp), Asset Purchase Agreement (Sunair Services Corp)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the any Assumed Liabilities hereunder shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Buyer as compared to the rights and remedies which that such third party would have had against the Seller had the Purchaser Buyer not assumed the such Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of such Assumed Liabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the ---------------------------------- Assumed Total Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser Buyer or the Seller Sellers as compared to the rights and remedies which such third party would have had against the Seller Sellers (absent their chapter 11 filings) had the Purchaser Buyer not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed LiabilitiesTotal Liabilities shall not create any third-party beneficiary rights other than with respect to the person whose debt is assumed.
Appears in 1 contract
Samples: Asset Purchase Agreement (Einstein Noah Bagel Corp)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Seller, or their Affiliates, as compared to the rights and remedies which such third party would have had against the Seller or its Affiliates had the Purchaser not assumed such liabilities. Without limiting the foregoing, the assumption by Purchaser of the Assumed LiabilitiesLiabilities shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Xxxxx of the Assumed Liabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
Samples: Asset Purchase Agreement
No Expansion of Third Party Rights. The assumption by Purchaser Acquisition Sub of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Acquisition Sub or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Acquisition Sub not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Acquisition Sub of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Seller, or their Affiliates, as compared to the rights and remedies which such third party would have had against the Seller or its Affiliates had the Purchaser not assumed such liabilities. Without limiting the foregoing, the assumption by Purchaser of the Assumed LiabilitiesLiabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller or any Seller Entity as compared to the rights and remedies which such third party would have had against the Seller or any Seller Entity had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the ---------------------------------- Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed Liabilities shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the ---------------------------------- Assumed Liabilities shall not in no way expand the rights or remedies of any third party against the Purchaser Buyer or the Seller Sellers as compared to the rights and remedies which such third party would have had against the Seller Sellers had the Purchaser Buyer not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed LiabilitiesLiabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed the Assumed Liabilities.. ARTICLE III PURCHASE PRICE, MANNER OF PAYMENT AND CLOSING
Appears in 1 contract
Samples: Asset Purchase Agreement (Shelby Williams Industries Inc)
No Expansion of Third Party Rights. The assumption by Purchaser the Buyer of the Assumed Liabilities Obligations shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed the Assumed LiabilitiesObligations. Without limiting the generality of the preceding sentence, the assumption by the Buyer of the Assumed Obligations shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser ---------------------------------- Buyer of the Assumed Liabilities any liabilities of Seller hereunder shall not in no way expand the rights or remedies of any third party against the Purchaser or the Seller Buyer as compared to the rights and remedies which that such third party would have had against the Seller had the Purchaser Buyer not assumed such liabilities. Without limiting the Assumed Liabilitiesgenerality of the preceding sentence, the assumption by Buyer of such liabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
Samples: Asset Purchase Agreement (Azz Inc)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser Buyer or the Seller Sellers as compared to the rights and remedies which such third party would have had against the Seller Sellers had the Purchaser Buyer not assumed the Assumed Liabilities.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by the Purchaser of the Assumed Liabilities shall not expand and the rights or remedies of any third party against the Purchaser or transfer thereof by the Seller as compared to shall in no way expand the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by the Purchaser of the Assumed LiabilitiesLiabilities shall not create any third party beneficiary rights.
Appears in 1 contract
Samples: Asset Purchase Agreement (Greenman Technologies Inc)
No Expansion of Third Party Rights. The assumption by Purchaser Buyer of the ---------------------------------- Assumed Liabilities and the transfer thereof by Seller shall not in no way expand the rights or remedies of any third party against the Purchaser Buyer or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser Buyer not assumed such liabilities. Without limiting the generality of the preceding sentence, the assumption by Buyer of the Assumed LiabilitiesLiabilities shall not create any third party beneficiary rights.
Appears in 1 contract
No Expansion of Third Party Rights. The assumption by Purchaser of the Assumed Liabilities shall not expand the rights or remedies of any third party against the Purchaser or the Seller as compared to the rights and remedies which such third party would have had against the Seller had the Purchaser not assumed the Assumed Liabilities. Without limiting the generality of the preceding sentence, the assumption by Purchaser of the Assumed Liabilities shall not create any third-party beneficiary rights.
Appears in 1 contract
Samples: Asset Purchase Agreement (SCB Computer Technology Inc)
