Common use of Excluded Liabilities and Obligations Clause in Contracts

Excluded Liabilities and Obligations. Buyer shall not be the successor to Seller, and except as expressly set forth in Section l.4 above, Buyer shall not assume and shall not be liable or responsible for any debt, obligation or liability of the Business, Seller or any Affiliate (as defined below) of Seller or related to the Purchased Assets, the Business, the facilities from which the Business is or was conducted, or any claim against any of the foregoing, of any kind, whether known or unknown, contingent, absolute, or otherwise all of which are retained by Seller (the "EXCLUDED LIABILITIES"). Without limiting the foregoing, the term "EXCLUDED LIABILITIES" shall include:

Appears in 2 contracts

Samples: Execution Copy (Young Innovations Inc), Execution Copy (Young Innovations Inc)

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Excluded Liabilities and Obligations. Buyer shall not be the successor to Seller, and except as expressly set forth in Section l.4 2.4 above, Buyer shall not assume and shall not be liable or responsible for any debt, obligation or liability Liability of the Business, Seller or any Affiliate (as defined below) of Seller Seller, any shareholder or any of their Affiliates, or related to the Purchased Assets, the Business, the facilities from which the Business is or was conducted, or any claim against any of the foregoing, of any kind, whether known or unknown, contingent, absolute, or otherwise all of which are retained by Seller (the "EXCLUDED LIABILITIES"“Excluded Liabilities”). Without limiting the foregoing, the term "EXCLUDED LIABILITIES" Excluded Liabilities shall include:

Appears in 1 contract

Samples: Agreement (Delsite, Inc.)

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Excluded Liabilities and Obligations. Buyer Buyers shall not be the successor to SellerSellers, and except as expressly set forth in Section l.4 2.4 above, Buyer Buyers shall not assume and shall not be liable or responsible for any debt, obligation or liability of the Business, Seller Sellers or any Affiliate (as defined below) of Seller Sellers or related to the Purchased Assets, the Business, the facilities from which the Business is or was conducted, or any claim against any of the foregoing, of any kind, whether known or unknown, contingent, absolute, or otherwise all of which are retained by Seller Sellers (the "EXCLUDED LIABILITIES"“Excluded Liabilities”). Without limiting the foregoing, the term "EXCLUDED LIABILITIES" “Excluded Liabilities” shall include:

Appears in 1 contract

Samples: Agreement (Young Innovations Inc)

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