Common use of No Obligations Transferred Clause in Contracts

No Obligations Transferred. Notwithstanding anything to the contrary contained in this Agreement, (a) the sale, transfer, assignment and conveyance to Purchaser of the Purchased Receivables pursuant to this Agreement shall not in any way subject Purchaser to, or transfer, affect or modify, any obligation or liability of Seller under any Product Agreement and (b) Purchaser expressly does not assume or agree to become responsible for any obligation or liability of Seller under any Product Agreement or otherwise.

Appears in 5 contracts

Samples: Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA)

AutoNDA by SimpleDocs

No Obligations Transferred. Notwithstanding anything to the contrary contained in this Agreement, (a) the sale, transfer, assignment and conveyance to Purchaser Purchasers of the Purchased Receivables pursuant to this Agreement shall not in any way subject Purchaser Purchasers to, or transfer, affect or modify, any obligation or liability of Seller under any Product Agreement and (b) Purchaser Purchasers expressly does do not assume or agree to become responsible for any obligation or liability of Seller under any Product Agreement or otherwise.

Appears in 2 contracts

Samples: Royalty Purchase Agreement (SWK Holdings Corp), Royalty Purchase Agreement (Insite Vision Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!