Common use of Liabilities Not Assumed Clause in Contracts

Liabilities Not Assumed. Purchaser shall not assume any Liabilities of Seller other than the Assumed Liabilities, nor shall it assume any of the following obligations or Liabilities (all obligations or Liabilities not assumed by Purchaser herein are collectively referred to herein as “Excluded Liabilities”), which in each case shall remain obligations and Liabilities of Seller:

Appears in 6 contracts

Samples: Asset Purchase Agreement (Mystic Holdings Inc./Nv), Asset Purchase Agreement (Terra Tech Corp.), Asset Purchase Agreement (Terra Tech Corp.)

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Liabilities Not Assumed. Purchaser shall not assume any Liabilities of Seller other than the Assumed Liabilities, nor shall it assume any of the following obligations or Liabilities (all obligations or Liabilities not assumed by Purchaser herein are collectively referred to herein as "Excluded Liabilities"), which in each case shall remain obligations and Liabilities of Seller:.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insightful Corp)

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Liabilities Not Assumed. Other than the Assumed Liabilities (as defined in Section 1.4 below), Purchaser shall not assume by virtue of this Agreement, and shall have no liability or obligation for, any Liability of Seller (the “Excluded Liabilities”), including (without limitation) those listed below, and Seller shall, as the case may require, retain and pay, satisfy, discharge, and perform all such Liabilities of Seller other than the Assumed Liabilities, nor shall it assume any of including (without limitation) the following obligations or Liabilities (all obligations or Liabilities not assumed by Purchaser herein are collectively referred to herein as “Excluded Liabilities”), which in each case shall remain obligations and Liabilities of Seller:

Appears in 1 contract

Samples: Asset Purchase Agreement (NextPlay Technologies Inc.)

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