Common use of Purchaser Liability Clause in Contracts

Purchaser Liability. Notwithstanding any other provision of this Agreement to the contrary, Purchaser 1 shall not be liable to Seller for the acts of, obligations of or breach of any provision of this Agreement by Purchaser 2 and vice a versa. Notwithstanding any other provision of this Agreement to the contrary, Purchaser 2 Parent shall be liable to Seller for the acts of, obligations of or breach of any provision of this Agreement by Purchaser 2.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Universal Electronics Inc), Asset Purchase Agreement (Zilog Inc)