Common use of OBLIGATIONS OF THE SELECTED BIDDER Clause in Contracts

OBLIGATIONS OF THE SELECTED BIDDER. The Selected Bidder agrees that the Shares Seller shall not be liable in any manner, nor shall it assume any responsibility or liability whatsoever, in respect of the business of the Company and its operations or activities, arising after Closing Date, to any Person or any authority, central, state, local or municipal or otherwise and the same shall be the sole responsibility of the Selected Bidder.

Appears in 53 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

AutoNDA by SimpleDocs

OBLIGATIONS OF THE SELECTED BIDDER. The Selected Bidder agrees that the Shares Seller shall not be liable in any manner, nor shall it assume any responsibility or liability whatsoever, in respect of the business of the Company and its operations or activities, arising after the Closing Date, to any Person or any authority, central, state, local or municipal or otherwise and the same shall be the sole responsibility of the Selected Bidder.

Appears in 5 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

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