Company Liabilities Sample Clauses

Company Liabilities. All of the liabilities of the Company, including without limitation indemnity obligations under Section 3.5, will be liabilities of the Company as an entity and will be paid or satisfied from the assets of the Company only. No liability of the Company will be payable in whole or in part by the Member in its capacity as a Member or by any member, manager, shareholder, director, officer, agent, affiliate, employee, or advisor of the Member or any of its subsidiaries or affiliates.
AutoNDA by SimpleDocs
Company Liabilities. A Member or Economic Interest Owner will not be personally liable for any debts or losses of the Company beyond the Member's or Economic Interest Owner's respective capital contributions and any obligation of the Members and Economic Interest Owners to make additional Capital Contributions as provided in this LLC Agreement, except as required by law.
Company Liabilities. Buyer acknowledges that on and following the Closing, the Riverboat Casino Assets will be subject to the following Liabilities (the "Company Liabilities"), which obligations shall remain the obligations of the Company:
Company Liabilities. Except as disclosed in the Financial Statements or as incurred in the Ordinary Course of Business after the Balance Sheet Date, the Company does not have any liabilities or obligations of any kind whatsoever (including unasserted claims or liabilities not required to be disclosed on a balance sheet in accordance with GAAP), whether accrued, contingent, absolute or otherwise, and whether known or unknown, except in each case as would not have a Material Adverse Effect.
Company Liabilities subject to there being sufficient funds available in the Company's bank account, meet all liabilities of the Company in relation to this Agreement as and when such liabilities shall become due and payable with the exception of the remuneration and costs payable to the Manager under clause 9 and clause 10 of this Agreement which may only be paid with the prior approval of the Board;
Company Liabilities. The liabilities of Company assumed by Parent and the liabilities to which the transferred assets of Company are subject were incurred by Company in the ordinary course of its business.
AutoNDA by SimpleDocs
Company Liabilities. On or before the Closing Date (i) Isaac Kier shall assume, axx xxxxxxxter timely pay and discharge, each liability of the Company denoted on the Disclosure Schedule (hereinafter defined) as an "Assumed Liability," such assumption to be effected with such forms of assumption reasonably acceptable to the Purchaser, and the liability to Isaac Kier to be increased xx x xxxxesponding amount in consideration for such assumption, and (ii) the Company shall pay and discharge the outstanding loan to Isaac Kier listed on the Dxxxxxxxxx Schedule, such payment to be made through application of the Purchase Price as described in Section 1.1(b) above. Those liabilities denoted on the Disclosure Schedule as "Retained Liabilities" shall be retained by the Company and thereafter timely paid and discharged. Giving effect to the foregoing, it is the parties intent that the Company shall, on the Closing Date, (i) have no assets other than the cash and pre-paid expenses listed on the Disclosure Schedule and (ii) have no liabilities other than the Retained Liabilities.
Company Liabilities. 1. All Liabilities of the members of the Company Group, other than Excluded Liabilities. Schedule 2.4(b)(ii)
Company Liabilities. Vendor understands and agrees that no third party shall guarantee or otherwise be in any way liable with respect to any obligations or liabilities of any Company, except as otherwise expressly provided in this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.