Existing Liabilities definition

Existing Liabilities means the "Liabilities" under and as defined in the Existing Credit Agreement.
Existing Liabilities. Existing Liabilities" means the Company's liabilities or obligations reflected or reserved against in the Closing Balance Sheet.

Examples of Existing Liabilities in a sentence

  • Under such circumstance, the Company shall provide the amount equal to the Existing Liabilities in cash from its internal resources to Frontier Rich Investment for the repayment of the Existing Liabilities before 30 September 2016.

  • As disclosed in the Announcement and pursuant to the terms and conditions of the Equity Transfer Agreement, the Vendor agreed to provide an interest-free loan in the principal amount of RMB650 million to Frontier Rich Investment (the “Loan”) by 27 September 2016 (the “Loan Provision Date”) to repay the Existing Liabilities of the Target Group.

  • Buyer owns the Buyer Assets free and clear of any Liens, other than any Existing Liabilities.

  • The Shareholders and Husbands shall indemnify, defend and hold Trans-Mex and Swift harmless from all such Existing Liabilities, of whatever nature, whether known or unknown, fixed or contingent, if any third party asserts or prosecutes a claim against Trans-Mex or Swift arising from any such Existing Liabilities subsequent to the Closing.

  • All of the cash and accounts receivable of Trans-Mex, shall be sold to an Affiliate controlled by the Shareholders or their Husbands and such transferee <PAGE> shall assume all of the existing liabilities of Trans-Mex as of the date of the Closing (the "Existing Liabilities").


More Definitions of Existing Liabilities

Existing Liabilities means the existing liabilities of Frontier Rich Investment in the
Existing Liabilities means the Liabilities referenced in numbers 4 and 5 ofSchedule 3.2(f)(iii) and any other Liabilities arising prior to the Closing under the Leases that results in the incurrence of an out-of- pocket expense of the Company or Purchaser.
Existing Liabilities means liabilities, including liabilities coming into existence after the Issue Date, the aggregate amount of which does not exceed any of the following amounts:
Existing Liabilities means the Existing Financial Indebtedness set out in (Existing Liabilities) clause of this Agreement.
Existing Liabilities means the Liabilities referenced in numbers 4 and 5 of Schedule 3.2(f)(iii) and any other Liabilities arising prior to the Closing under the Leases that results in the incurrence of an out-of-pocket expense of the Company or Purchaser.
Existing Liabilities means (i) the “Obligations” as defined in the Existing Term Loan Credit Agreement, (ii) the “Secured Obligations”, as defined in the security documents executed and delivered in connection with the Existing Term Loan Credit Agreement, and (iii) the “Guaranteed Obligations”, as defined in the Existing Facility Guaranty.
Existing Liabilities means all liabilities (including, without limitation, Indebtedness) as determined by GAAP of the Company and its Subsidiaries as of March 26, 2023, all of which such liabilities are listed on Schedule D hereto.