Common use of ASSUMED LIABILITIES SCHEDULE Clause in Contracts

ASSUMED LIABILITIES SCHEDULE. Buyer does not and shall not assume or become obligated to pay any liabilities of Seller of any kind, whether incurred, accrued, or arising prior to or after the Closing, and all such liabilities shall remain the sole responsibility of Seller, which Seller agrees to pay and satisfy in full and in a timely manner. Without limiting the generality of the foregoing, and notwithstanding any implication (as opposed to express statement) to the contrary contained in this Section 1.3 above, the Assumed Liabilities do not encompass any liability of or to any officer or shareholder of Seller and also do not encompass any of Seller's liabilities or obligations: (A) under this Agreement;

ASSUMED LIABILITIES SCHEDULE. Buyer does not and shall not assume or become obligated to pay any liabilities of Seller Sellers, or either of them, of any kind, whether incurred, accrued, or arising prior to or after the Closing, and all such liabilities shall remain the sole responsibility of SellerSellers, which Seller agrees Sellers agree to pay and satisfy in full and in a timely manner. Without limiting the generality of the foregoing, foregoing and notwithstanding any implication (as opposed to express statement) to the contrary contained in this Section 1.3 Article 1.2 above, the Assumed Liabilities do not encompass any liability of or to any officer or shareholder of either Seller and also do not encompass any of Seller's Sellers' liabilities or obligations: (A) under this Agreement;