No Liabilities Clause Samples
The "No Liabilities" clause serves to limit or exclude one or both parties' responsibility for certain types of losses, damages, or claims arising from the agreement. In practice, this clause may specify that a party is not liable for indirect, incidental, or consequential damages, or it may set a cap on the total amount recoverable. By clearly defining the boundaries of liability, this clause helps manage risk and provides certainty to the parties about their potential exposure, thereby preventing unexpected or disproportionate claims.
POPULAR SAMPLE Copied 99 times
No Liabilities. Except as set forth in the financial statements referred to in Section 3.04(a), there are no liabilities of any Company of any kind, whether accrued, contingent, absolute, determined, determinable or otherwise, which could reasonably be expected to result in a Material Adverse Effect, and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such a liability, other than liabilities under the Loan Documents. Since July 31, 2006, there has been no event, change, circumstance or occurrence that, individually or in the aggregate, has had or could reasonably be expected to result in a Material Adverse Effect.
No Liabilities. Buyer shall not assume any liabilities or obligations of Seller of any kind, whether known or unknown, contingent, matured or otherwise, whether currently existing or hereinafter created.
No Liabilities. Borrower has no liabilities or obligations -------------- including without limitation Contingent Obligations (and including, without limitation, liabilities or obligations in tort, in contract, at law, in equity, pursuant to a statute or regulation, or otherwise) other than those liabilities and obligations expressly permitted by this Agreement.
No Liabilities. As of the Closing Date, there are no Liabilities or Indebtedness of the Parent or Acquisition Corp. of any kind whatsoever, whether recorded on the Balance Sheet of Parent or Acquisition Corp. or not, whether accrued, contingent, absolute, determined, determinable or otherwise, and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such Liability or Indebtedness. Neither the Parent nor the Acquisition Corp. is a guarantor of any Indebtedness of any other person, firm or corporation.
No Liabilities. Parent does not have any Liabilities, except for (i) Liabilities expressly stated in the most recent balance sheet, or (ii) other Liabilities which do not exceed $1,000 in the aggregate, except as set forth in Parent Disclosure Schedule in Section 3.9 thereof.
No Liabilities. There are no liabilities of the Company of any kind whatsoever which has not been disclosed to Purchaser, whether accrued, contingent, absolute, determined, determinable or otherwise, and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such a liability. The Company does not have any debt, liability, or obligation of any nature, whether accrued, absolute, contingent, or otherwise, and whether due or to become due, that is not reflected on the Company's Financial Statements.
No Liabilities. The Priveco Financial Statements will be free of any material liabilities as of the Priveco Accounting Date, other than as stated in the Priveco financial statements.
No Liabilities. Except (a) for the principal balance and interest and other sums not currently due and payable under the Existing Loan, (b) for other liabilities set forth on the 2003 Balance Sheet which remain undischarged, (c) for liabilities incurred in the ordinary course of business since December 31, 2003 which remain undischarged, (d) for liabilities disclosed on the Monthly Operating Reports, (e) as disclosed in Schedule L attached hereto, and (f) as otherwise disclosed in this Agreement, the Partnership has no material liability or obligation of any nature which in any way affects or is related to the Property whether now due or to become due, absolute, contingent or otherwise, including liabilities for taxes due on or prior to the date of this Agreement (or any interest or penalties thereto).
No Liabilities. Upon Closing, Pubco shall have no direct, indirect or contingent liabilities outstanding that exceed in the aggregate $10,000.
No Liabilities. No Borrower or Operating Lessee has any liabilities or obligations including, without limitation, Contingent Obligations (and including, without limitation, liabilities or obligations in tort, in contract, at law, in equity, pursuant to a statute or regulation, or otherwise) other than those liabilities and obligations expressly permitted by this Agreement.