Common use of No Right of Action Clause in Contracts

No Right of Action. To the Knowledge of the Seller, the execution of this Agreement and the other agreements, instruments and documents contemplated hereby and the completion of the transactions contemplated hereby and thereby, shall not cause the Purchaser or any of its Subsidiaries or Affiliates to be liable for damages to any other Person, or give such Person any equitable right against any of them or the Seller, or any of its assets by reason of any agreement or arrangement to which Seller is a party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Jaco Electronics Inc), Asset Purchase Agreement (Reptron Electronics Inc), Asset Purchase Agreement (Jaco Electronics Inc)

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No Right of Action. To the Knowledge of the Seller, the The execution of this Agreement and the other agreements, instruments and documents contemplated hereby and the completion of the transactions contemplated hereby and thereby, shall not cause the Purchaser or any of its Subsidiaries or Affiliates to be liable for damages to any other Person, or give such Person any equitable right against Purchaser or any of them or the Seller, or any of its their respective assets by reason of any agreement or arrangement to which any Seller is a party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Take Two Interactive Software Inc)

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No Right of Action. To the Knowledge of the Seller, the The execution of this Agreement and the other agreements, instruments and documents agreements contemplated hereby and the completion of the transactions contemplated hereby and thereby, shall not cause the Purchaser or any of its Subsidiaries or Affiliates to be liable for damages to any other Person, Person or give such Person any equitable right against any of them or the Seller, or any of its their respective assets by reason of any agreement or arrangement to which Seller is a partyparty except for those agreements which are Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lendingtree Inc)

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