Common use of Obligations and Liabilities Not Assumed Clause in Contracts

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill of Sale and Assignment shall be deemed to be an assumption by xxx Buyer or its subsidiaries of any liabilities of the Sellers. Neither the Buyer nor its subsidiaries by this Bill of Sale and Assignment, agrees to assume or agrees to pay, pexxxxm or discharge any liabilities of the Sellers of any nature, kind or description whatsoever.

Appears in 1 contract

Samples: Deposit Escrow Agreement (Insilco Holding Co)

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Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill of xx Sale and Assignment shall be deemed to be an assumption by xxx Buyer or its subsidiaries the Purchaser of any liabilities or obligations of the SellersSeller. Neither the Buyer nor its subsidiaries The Purchaser does not by this Bill of xx Sale and Assignment, agrees to Assignment assume or agrees agree to pay, pexxxxm perform or discharge any liabilities of the Sellers of any nature, kind or description whatsoever.obligations of

Appears in 1 contract

Samples: Assumption Agreement (Reynolds & Reynolds Co)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill of Sale and Assignment shall be deemed to be an assumption by xxx Buyer or its subsidiaries of any liabilities of the Sellers. Neither the Buyer Buyers nor its subsidiaries by this Bill of Sale and Assignment, agrees agree to assume or agrees agree to pay, pexxxxm or perfoxx xr discharge any liabilities of the Sellers of any nature, kind or description whatsoever.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Insilco Technologies Inc)

Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill of Sale and Assignment shall be deemed to be an assumption assumxxxxn by xxx the Buyer or its subsidiaries of any liabilities of the SellersSeller. Neither the The Buyer nor its subsidiaries by this Bill of Sale and Assignment, agrees Assignment does not agree to assume or agrees agxxx to pay, pexxxxm perform or discharge any liabilities of the Sellers Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Samples: Asset Purchase Agreement (J Net Enterprises Inc)

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Obligations and Liabilities Not Assumed. Nothing expressed or implied in this Bill of Sale and Assignment shall be deemed to be an assumption by xxx Buyer the Xxxchaser or its subsidiaries of any liabilities Liabilities of the SellersSeller. Neither the Buyer Purchaser nor its subsidiaries by this Bill of Sale and Assignment, agrees agree to assume or agrees agree to pay, pexxxxm or discharge perform xx xischarge any liabilities of the Sellers Seller of any nature, kind or description whatsoever.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tropical Sportswear International Corp)

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