No Equitable Conversion. Prior to the Closing, neither the execution of this Agreement nor the performance of any provision contained herein shall cause any party hereto to be or become liable in any respect for the operations of the business of any other party, or the condition of property owned by any other party, for compliance with any applicable laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority or for any other charges or expenses whatsoever pertaining to the conduct of the business or the ownership, title, possession, use or occupancy of any other party.
No Equitable Conversion. Prior to the Closing, neither the execution of this Agreement nor the performance of any provision contained herein shall cause Purchaser to become liable for any aspect or obligation of relating to the Assets or the Business.
No Equitable Conversion. Prior to the Effective Time, neither ----------------------- the execution of this Agreement nor the performance of any provision contained herein shall cause either Summa, on the one hand, or Calnetics, on the other hand, to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the business or the ownership, title, possession, use or occupancy of the property of the other.
No Equitable Conversion. Prior to the Closing Date, neither the execution of this Agreement nor the performance of any provision contained herein shall cause Seller, on the one hand, or Buyer and Parent, on the other hand, to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the Genesta Business or the ownership, title, possession, use or occupancy of the property of the other.
No Equitable Conversion. Prior to the Closing Date, neither the execution of this Agreement nor the performance of any provision contained herein shall cause Seller or Buyer to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the Micro Irrigation Business or the ownership, title, possession, use or occupancy of the property of the other.
No Equitable Conversion. Prior to the Closing, neither the execution of this Agreement nor the performance of any provision contained herein shall cause either TouchStone, on the one hand, or the Company or any of the Sellers, on the other hand, to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the business or the ownership, title, possession, use or occupancy of the property of the other, and each hereby agrees to indemnify and hold the other harmless from any such liability.
No Equitable Conversion. Prior to the Closing Date, neither the execution of this Agreement nor the performance of any provision contained herein shall cause either Seller and PMI, on the one hand, or Buyer and Parent, on the other hand, to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the business or the ownership, title, possession, use or occupancy of the property of the other.
No Equitable Conversion. Before the Closing, neither the ----------------------- execution of this Agreement nor the performance of any provision contained herein shall cause Buyer to become liable for (i) the operations of the Company or the business of the Company; (ii) the condition of the Company's assets; (iii) the cost of any labor or materials furnished to any such property; (iv) compliance with any laws, requirements, or regulations of, or taxes, or assessments or other charges now or hereafter due to, any governmental authority; or (v) for any other charges or expenses whatsoever pertaining to the conduct of the Company's business or the ownership, title, possession, use or occupancy of the property of the Company.
No Equitable Conversion. Prior to the Closing Date, neither the execution of this Agreement nor the performance of any provision contained herein shall cause either Sellers, on the one hand, or Buyer and Parent, on the other hand, to be or become liable for or in respect of the operations or business of the other, for the cost of any labor or materials furnished to or purchased by the other, for compliance with any laws, requirements or regulations of, or taxes, assessments or other charges now or hereafter due to, any governmental authority, or for any other charges or expenses whatsoever pertaining to the conduct of the Ram Business or the ownership, title, possession, use or occupancy of the property of the other.
No Equitable Conversion. Before the Closing, neither the execution of this Agreement nor the performance of any provision contained herein shall cause Buyer to become liable for (i) the operations of the Sellers or the Business of the Sellers; (ii) the condition of the Sellers' assets; (iii) the cost of any labor or materials furnished to any such property; (iv) compliance with any laws, requirements, or regulations of, or Taxes, or assessments or other charges now or hereafter due to, any Governmental Entity; or (v) for any other Encumbrances or expenses whatsoever pertaining to the conduct of the Sellers' Business or the ownership, title, possession, use or occupancy of the property of the Sellers.
