Common use of No Assumption of Obligations Clause in Contracts

No Assumption of Obligations. The SPV shall not have any obligation or liability with respect to any Conveyed Receivables, Contracts or other Related Assets, nor shall the SPV have any obligation or liability to any Obligor or other customer or client of any Originator (including without limitation any obligation to perform any of the obligations of any Originator under any Conveyed Receivables, Contracts or other Related Assets).

Appears in 5 contracts

Samples: Sale Agreement (Greif Inc), Sale Agreement (Greif Inc), Sale Agreement (Greif Inc)

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No Assumption of Obligations. The SPV shall not have any obligation or liability with respect to any Conveyed Receivables, Contracts or other Related Assets, nor shall the SPV have any obligation or liability to any Obligor or other customer or client of any Originator (including without limitation any obligation to perform any of the obligations of any Originator under any Conveyed Receivables, Contracts or other Related Assets).

Appears in 3 contracts

Samples: Sale Agreement (Valvoline Inc), Sale Agreement (Ashland Inc.), Sale Agreement (Ashland Inc.)

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