Liability of Purchaser. Except for any obligation expressly assumed or agreed to be assumed by the Purchaser hereunder, the Purchaser does not assume any obligation of the Seller or any liability for claims arising out of any occurrence prior to Closing.
Liability of Purchaser. Purchaser and Provider acknowledge that Purchaser has legal liabilities under its contract with various State and Federal agencies and that nothing herein shall relieve, or be construed to relieve, Purchaser of its obligations under those contracts. Any term in this contract that is later determined to be inconsistent with Purchaser's obligations under its contract with the above stated agencies, or that in any way terminates Purchaser's legal liability to the above stated agencies, shall become null and void.
Liability of Purchaser. 18.1 If the PURCHASER is more than 1 (one) person, then all the persons signing the agreement shall jointly, severally and in solidum be liable for the due performance of its obligations in terms of this agreement and the PURCHASER hereby renounces all benefits arising from the legal exceptions de duobus vel pluribus xxxx debendi.
Liability of Purchaser. If the Purchaser will default in the performance of any obligation under this Agreement and such default entitles the Vendor to terminate this Agreement, such right of termination will be the Vendor's only remedy and the Vendor will be entitled to retain the Deposit as liquidated damages and not as a penalty.
Liability of Purchaser. The fact that Purchaser is not obligated to indemnify Seller hereunder shall not be construed so as to limit the rights or remedies that Seller may otherwise have against Purchaser, whether under this Agreement or applicable law, in the event of (a) any breach or inaccuracy of a representation or warranty of Purchaser contained in this Agreement or (b) any failure by Purchaser to perform or comply with any covenant given by Purchaser contained in this Agreement.
Liability of Purchaser. At the Closing, Purchaser shall assume all Liability for Property and Production Taxes attributable to the ownership or operation of the Acquired Assets with respect to all taxable periods that begin before, on, or after the Effective Time, and all Liability for Property and Production Taxes attributable to the Straddle Period (and all such Property and Production Taxes with respect to all such taxable periods shall be deemed completely and finally settled by the related Purchase Price adjustment under Section 3.2).
Liability of Purchaser. INDEMNIFICATION BY SELLER; -------------------------------------------------- TERMINATION RIGHTS ------------------
Liability of Purchaser. Purchaser shall be liable for and shall indemnify, defend and hold Seller harmless from and against any and all actual or threatened
Liability of Purchaser. (1) For the purposes of this Supplement, the liability of the purchaser shall be determined as if the purchaser had been required to contribute to the Fund, in the year of the sale and the four Plan Years preceding the sale, the amount the seller was required to contribute for such operations for such five Plan Years.
Liability of Purchaser. Except for obligations expressly assumed or agreed to be assumed by Purchaser hereunder, Purchaser is not assuming any obligations of Seller or any liability for claims arising out of any act, omission or occurrence which occurs, accrues or arises prior to the Closing Date, and Seller hereby indemnifies and holds Purchaser harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys' fees) that may at any time be incurred by Purchaser as a result of (i) obligations of Seller not expressly assumed or agreed to be assumed by Purchaser hereunder, or (2) acts, omissions or occurrences which occur, accrue or arise prior to the Closing Date. The provisions of this Section 6.3 shall survive the Closing of the transaction contemplated hereby.
