No Further Liabilities. Except as otherwise provided in Sections 2 and/or 3, all Annual Salary and benefits will cease at the time of the Covered Termination and the Company shall have no further liability or obligation to Employee following the Covered Termination. The payments, benefits and rights described in Sections 2 and/or 3 will be paid and provided in lieu of and not in addition to any other severance arrangement maintained by the Company. The foregoing will not be construed to limit Employee's right to payment or reimbursement for claims incurred prior to the date of such termination under any insurance contract funding an employee benefit plan, policy or arrangement of the Company in accordance with the terms of such insurance contract.
No Further Liabilities. Except as otherwise provided in this Agreement, the Parties shall not enter into any contracts or incur any debt, charge or liabilities whatsoever for which the other, his or her legal representatives, his or her property, or his or her estate will or may become liable. The Parties hereby represent and warrant that, at the time of this Agreement, there are no outstanding bills, charges, debts or liabilities incurred by either Party except as set forth in this Agreement. The Parties further represent that neither of them has utilized the other’s name for the purpose of having credit extended to him or her, except with respect to the liabilities described in this Agreement. Neither Party shall hereafter use the other’s name for the purpose of having credit extended to him or her.
No Further Liabilities. Each party understands that the rights of termination hereunder are absolute and * CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. CONFIDENTIAL TREATMENT REQUESTED that it has no right to a continued relationship with the other after termination, except as expressly stated herein. Neither party shall incur any liability whatsoever for any damage, loss or expense of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this AGREEMENT which complies with the terms of the AGREEMENT whether or not such party is aware of any such damage, loss or expense.
No Further Liabilities. Termination under this ARTICLE 18.0 shall relieve and release all parties from any liabilities and obligations under this AGREEMENT, other than those specifically set forth in this ARTICLE 18.0, those that survive termination in accordance with ARTICLE 33.0 and any and all obligations to indemnify the other party in accordance with ARTICLE 13.0.
No Further Liabilities except as provided in Disclosure Schedule 3.12.3, the Company does not have any liability or obligation to any Employee Benefit Plan, Department of Labor, Department of Treasury or similar agency of a foreign government, any other plan or entity, or any employee, participant or beneficiary of any Employee Benefit Plan, arising out of or pursuant to any Employee Benefit Plan;
No Further Liabilities. The Purchaser acknowledges and agrees that upon consummation of the Transaction, the Seller shall not have any obligations or liabilities, contingent or otherwise, relating to the Company and shall have no affiliation with the Company. 买方承认并同意，交易完成后，卖方将不承担与公司有关的任何（可能发生的或其他的）义务或负债，并且与公司没有任何从属关系。
No Further Liabilities. Cartesian does not, and shall not as of the Closing Date, have any liability or obligation to any Employee Benefit Plan or to the Pension Benefit Guaranty Corporation, Department of Labor, Department of Treasury or similar agency of a foreign government, any other plan or entity, or, except for routine claims for benefits, any employee, participant or beneficiary of any Employee Benefit Plan, arising out of or pursuant to any Employee Benefit Plan;
No Further Liabilities. Except as provided in the attached Schedule 4.16, the Companies do not, and shall not as of the Closing, have any liability or obligation to any Employee Benefit Plan or to the Pension Benefit Guaranty Corporation, Department of Labor, Department of Treasury or similar agency of a foreign government, any other plan or entity, or any employee, participant or beneficiary of any Employee Benefit Plan, arising out of or pursuant to any Employee Benefit Plan which could subject the Companies to any material liability;
No Further Liabilities. Upon the delivery by Parent of (i) the Paying Agent Deposit to the Paying Agent in accordance with Section 1.18(c), (ii) the Reserve Fund, to the Securityholders’ Representative, subject to and in accordance with Section 1.15(h), (iii) the Escrow Amounts to the Escrow Agent, subject to and in accordance with Section 1.13, and (iv) the Milestone Payments, if any, subject to and in accordance with Section 1.12(c) and Section 1.15, Parent and its affiliates will have no further Liabilities to any Person with respect to the payment of the Merger Consideration or any portion thereof. [**] - Indicates certain information has been redacted and filed separately with the U.S. Securities and Exchange Commission. Confidential treatment has been requested with respect to the redacted portions.
No Further Liabilities. While this Agreement is in force, Debtor will not, without the prior written consent of Secured Party, incur any new obligation or liability in excess of $100,000 except current liabilities incurred in the ordinary course of business.
