Common use of Payment of Obligations Not Assumed Clause in Contracts

Payment of Obligations Not Assumed. All obligations of Seller not specifically assumed by Purchaser in this Agreement, including all liability for income taxes, sales taxes and other taxes accruing prior to the Closing Date or relating to the purchase of the Business and the Assets, shall be paid by Seller, and Purchaser shall have no responsibility therefor.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Digital Generation Systems Inc), Asset Purchase Agreement (DG FastChannel, Inc)

AutoNDA by SimpleDocs

Payment of Obligations Not Assumed. All obligations of Seller not specifically assumed by Purchaser in this Agreement, including all liability for income taxes, sales taxes and other taxes obligations accruing prior to the Closing Effective Date or relating to the purchase of the Business and the Assets, shall be paid by Seller, and Purchaser shall have no responsibility therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Usurf America Inc)

Payment of Obligations Not Assumed. All obligations of Seller not specifically assumed by Purchaser in this Agreement, including all liability for income taxes, sales taxes and other taxes obligations accruing prior to the Closing Date or relating to the purchase of the Business and the AssetsEffective Date, shall be paid by Seller, and Purchaser shall have no responsibility therefor.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Zkid Network Co)

Payment of Obligations Not Assumed. All obligations of Seller not specifically assumed by Purchaser in this Agreement, including all liability for income taxes, sales taxes and other taxes accruing prior to the a Closing Date or relating to the purchase of the Business and the Assets, shall be paid by Seller, and Purchaser shall have no responsibility therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ace Cash Express Inc/Tx)

AutoNDA by SimpleDocs

Payment of Obligations Not Assumed. All obligations of Seller not specifically assumed by Purchaser in this Agreement, including all liability for income taxes, sales taxes and other taxes accruing prior to the Closing Effective Date or relating to the purchase of the Business and the Assets, shall be paid by SellerSeller and/or Shareholder, and Purchaser shall have no responsibility therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ace Cash Express Inc/Tx)

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