Assignment of Certain Contracts. At the Closing, Purchaser shall succeed to the rights and privileges of Seller, and shall assume the express obligations of Seller performable after the Closing, pursuant to those leases, contracts and other agreements of Seller which are listed as "Assigned Contracts" on Schedule 1.4 hereto (the "Assigned Contracts") as and in the form of the copies thereof (or, if oral, as and in the form of the written statements of the terms thereof) furnished or made available to Purchaser pursuant hereto. Without limiting the generality of the foregoing, Purchaser shall neither assume, nor have any liability with respect to, any obligations of Seller under any Assigned Contract (a) required therein to be performed by Seller at or prior to the Closing or (b) arising out of any breach of any provision or term thereof not included in the copies (or written statements of the terms) of such Assigned Contracts delivered or made available to Purchaser pursuant hereto.
Appears in 1 contract
Assignment of Certain Contracts. At the Closing, Purchaser shall succeed to the rights and privileges of Seller, and shall assume the express obligations of Seller performable after the Closing, Closing pursuant to those leases, contracts insurance policies, contracts, and other agreements, and only those leases, insurance policies, contracts, and other agreements of Seller which that are listed as "Assigned Contracts" on the Seller's Disclosure Schedule 1.4 hereto (the "Assigned Contracts") as and in the form of the copies thereof (or, if oral, as and in the form of the written statements of the terms thereof) furnished or made available to Purchaser pursuant to Sections 5.8, 5.10, 5.11, 5.12, 5.16 and 5.17) hereto. Without limiting the generality of the foregoing, Purchaser shall neither assume, nor not assume and shall have any no liability with respect to, to any obligations of Seller under any Assigned Contract (a) required therein to be performed by Seller at or prior to the Closing or (b) arising out of any breach of any provision or term thereof not included in the copies (or written statements of the terms) of such Assigned Contracts delivered or made available to Purchaser pursuant hereto.
Appears in 1 contract
Assignment of Certain Contracts. At the Closing, Purchaser shall succeed to the rights and privileges of SellerSellers, and shall assume the express obligations of Seller Sellers performable after the Closing, Closing pursuant to those leases, contracts insurance policies, contracts, and other agreements, and only those leases, insurance policies, contracts, and other agreements of Seller which Sellers that are listed as "Assigned Contracts" on the Disclosure Schedule 1.4 hereto (the "Assigned Contracts") as and in the form of the copies thereof (or, if oral, as and in the form of the written statements of the terms thereof) furnished or made available to Purchaser pursuant to Sections 5.9, 5.11, 5.12, and 5.18 hereto. Without limiting the generality of the foregoing, Purchaser shall neither assume, nor not assume and shall have any no liability with respect to, to any obligations of Seller Sellers under any Assigned Contract (a) required therein to be performed by Seller Sellers at or prior to the Closing or (b) arising out of any breach of any provision or term thereof not included in the copies (or written statements of the terms) of such Assigned Contracts delivered or made available to Purchaser pursuant hereto.
Appears in 1 contract
Sources: Purchase Agreement (Seychelle Environmental Technologies Inc /Ca)
Assignment of Certain Contracts. At the Closing, Purchaser shall succeed to the rights and privileges of Seller, and shall assume the express obligations of Seller performable after the Closing, pursuant to those leases, insurance policies, contracts and other agreements agreements, and only those leases, insurance policies, contracts and other agreements, of Seller which are listed as "Assigned Contracts" on Schedule 1.4 the DISCLOSURE SCHEDULE hereto (the "Assigned ContractsASSIGNED CONTRACTS") as and in the form of the copies thereof (or, if oral, as and in the form of the written statements of the terms thereof) furnished or made available to Purchaser pursuant to SECTIONS 5.8, 5.9, 5.10, 5.11, 5.12 AND 5.18 hereto. Without limiting the generality of the foregoing, neither AMT nor Purchaser shall neither assume, nor shall either of them have any liability with respect to, any obligations of Seller under any Assigned Contract (a) required therein to be performed by Seller at or prior to the Closing or (b) arising out of any breach of any provision or term thereof not included in occurring prior to the copies (or written statements of the terms) of such Assigned Contracts delivered or made available to Purchaser pursuant heretoClosing.
Appears in 1 contract
Sources: Asset Purchase Agreement (American Materials & Technologies Corp)
Assignment of Certain Contracts. At the Closing, Purchaser shall succeed to the rights and privileges of Seller, and shall assume the express obligations of Seller performable after the Closing, Closing pursuant to the Lease and to those leases, contracts insurance policies, contracts, and other agreements, and only those leases, insurance policies, contracts, and other agreements of Seller which that are listed as "Assigned Contracts" on the Disclosure Schedule 1.4 hereto (the "Assigned Contracts") as and in the form of the copies thereof (or, if oral, as and in the form of the written statements of the terms thereof) furnished or made available to Purchaser pursuant to Sections 5.10, 5.12, 5.13, and 5.19 hereto. Without limiting the generality of the foregoing, Purchaser shall neither assume, nor not assume and shall have any no liability with respect to, to any obligations of Seller under any Assigned Contract (a) required therein to be performed by Seller at or prior to the Closing or (b) arising out of any breach of any provision or term thereof not included in the copies (or written statements of the terms) of such Assigned Contracts delivered or made available to Purchaser pursuant hereto.
Appears in 1 contract
Sources: Purchase Agreement (Industrial Rubber Products Inc)