Treatment of creditor’s right and debt. 1. Before signing this agreement, Party A shall provide Party B with a Waiver Notice signed by creditors of Party A and exempting Party B from the debt of Party A before the closing date, in which the detailed condition of debt should be listed. Meanwhile, Party A shall provide Party B with a Waiver signed by Party A, exempting Party B from any possible tax responsibilities caused by transfer.
Appears in 7 contracts
Samples: Transfer Agreement (Puda Coal, Inc.), Puda Coal, Inc., Puda Coal, Inc.