No Liabilities Assumed. The Purchaser shall not assume or be liable for any liabilities or obligations of the Vendor, direct or indirect, fixed, contingent or otherwise, known or unknown, which exist at the Effective Time or which arise thereafter as a result of any act, omission or circumstance taking place prior to the Effective Time.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Douglas Lake Minerals Inc.), Securities Purchase Agreement (Douglas Lake Minerals Inc.), Securities Purchase Agreement (Douglas Lake Minerals Inc.)
No Liabilities Assumed. The Purchaser shall not assume or be liable for any liabilities or obligations of the VendorSeller, direct or indirect, fixed, contingent or otherwise, known or unknown, which exist at the Effective Time or which arise thereafter as a result of any act, omission or circumstance taking place prior to the Effective Time.
Appears in 1 contract
Samples: Asset Purchase Agreement (Global National Communications Corp.)
