Limitation on Assumption of Obligations. Except as set forth in Section 2.4.2 below, Buyer expressly does not, and shall not, assume or be deemed to have assumed under this Agreement or by reason of any transactions contemplated hereunder any Liabilities or obligations of Sellers of any nature whatsoever, including the Retained Liabilities. Sellers shall pay, perform and discharge the Retained Liabilities.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Granite Broadcasting Corp), Purchase and Sale Agreement (Granite Broadcasting Corp), Purchase and Sale Agreement (Granite Broadcasting Corp)
Limitation on Assumption of Obligations. Except as set forth in Section 2.4.2 below, Buyer expressly does not, and shall not, assume or be deemed to have assumed under this Agreement or by reason of any transactions contemplated hereunder any Liabilities or obligations of Sellers of any nature whatsoever, including the Retained Liabilities. Sellers Seller shall pay, perform and discharge the Retained Liabilities.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Granite Broadcasting Corp)
Limitation on Assumption of Obligations. Except as set forth in Section 2.4.2 2.3.2 below, Buyer expressly does not, and shall not, assume or be deemed to have assumed under this Agreement or by reason of any transactions contemplated hereunder any Liabilities or obligations of Sellers Seller of any nature whatsoever, including the Retained Liabilities. Sellers shall pay, perform and discharge the Retained Liabilities.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Hispanic Television Network Inc)
Limitation on Assumption of Obligations. Except as set forth in Section 2.4.2 2.3(b) below, Buyer the Purchaser expressly does not, and shall not, assume or be deemed to have assumed under this Agreement or by reason of any transactions contemplated hereunder any Liabilities or obligations of the Sellers of any nature whatsoever, including the Retained Liabilities. The Sellers shall pay, perform and discharge the Retained Liabilities.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Granite Broadcasting Corp)