Common use of Liabilities Not Assumed Clause in Contracts

Liabilities Not Assumed. The Purchaser will not assume any liabilities of the Vendor. The Purchaser will not be responsible for any liability of the Vendor, past, present or future, relating to the Claims, and the Vendor will indemnify and save harmless the Purchaser from and against any such claim.

Appears in 47 contracts

Samples: Asset Purchase Agreement (Dussault Apparel Inc.), Asset Purchase Agreement (Jasper Explorations Inc.), Asset Purchase Agreement (Jasper Exploration Inc.)

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Liabilities Not Assumed. The Purchaser will not assume any liabilities of the Vendor. The Purchaser will not be responsible for any liability of the Vendor, past, present or future, relating to the Claims, and the Vendor will indemnify and save harmless the Purchaser from and against any such claimliabilities and any claims for the recovery thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Project Development Pacific, Inc.)

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