Extraordinary Liabilities Sample Clauses

Extraordinary Liabilities. Except as set forth in the Financial Statements, there are no liabilities of any nature of Seller or its Affiliates relating to the Hospital or the Purchased Assets required in accordance with GAAP to be disclosed on the Financial Statements.
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Extraordinary Liabilities. For purposes of this Agreement, an Extraordinary Liability shall mean all losses, costs (including reasonable attorneys’ fees), expenses, interest and penalties in excess of the Threshold Amount arising at any future time from any one or more of the following:
Extraordinary Liabilities. Sellers attach hereto an accurate list as SCHEDULE 3.6 of all liabilities of Sellers not included within SCHEDULE 3.5 which are of the kind and character required in financial statements prepared in accordance with GAAP, whether accrued, absolute, contingent or otherwise, together with, in the case of those liabilities which are not fixed in amount, a reasonable estimate of the maximum amount which may be payable in respect thereof. None of Sellers have any indebtedness or liabilities of any nature, whether accrued, absolute, contingent or otherwise, whether due or to become due in the future, except as disclosed in the Schedules attached hereto that would have a material adverse effect on a Hospital. There are no facts that are not fully disclosed in the Schedules attached hereto which might serve as the basis for any liability or obligation of Sellers that would have a material adverse effect on a Hospital.
Extraordinary Liabilities. There are no liabilities of a Xxxx County Party pertaining to the Facility (whether known or unknown and whether accrued, absolute, contingent or otherwise), nor is there any fact in existence that might reasonably serve as the basis for any material liability of a Xxxx County Party (whether accrued, absolute, contingent or otherwise), except liabilities: (a) reflected or accrued in the Financial Statements on Exhibit 8.6 or disclosed in the notes thereto; or (b) incurred in the ordinary course of business consistent with past practice since the respective dates of the Financial Statements.
Extraordinary Liabilities. Champion has delivered to WJHC an accurate list (Schedule 4.5) of all liabilities of Champion relating to the Champion Business not included within Schedule 4.4, which are of the kind and character required in financial statements prepared in accordance with generally accepted accounting principles and which were incurred other than in the ordinary course of business, whether accrued, absolute, contingent or otherwise, together with, in the case of those liabilities as to which the liabilities are not fixed, a reasonable estimate of the maximum amount which may be payable in respect thereof. Except as disclosed in Schedules 4.4, 4.5, or 4.9 and to the best of Champion's knowledge, Champion has no liabilities of any nature, whether accrued, absolute, contingent or otherwise. To the best of Champion's knowledge, there are no facts in existence on the date hereof known or which should be known to Champion which might reasonably serve as the basis for any liability or obligation of Champion relating to the Champion Business which is not fully disclosed in Schedule 4.4, 4.5 or 4.19.
Extraordinary Liabilities. WJHC has delivered to Champion an accurate list (Schedule 5.5) of all liabilities of WJHC relating to the WJHC Business not included within Schedule 5.4, which are of the kind and character required in financial statements prepared in accordance with generally accepted accounting principles and which were incurred other than in the ordinary course of business, whether accrued, absolute, contingent or otherwise, together with, in the case of those liabilities as to which the liabilities are not fixed, a reasonable estimate of the maximum amount which may be payable in respect thereof. Except as disclosed in Schedules 5.4, 5.5, or 5.9, and to the best of WJHC's knowledge, WJHC has no liabilities of any nature, whether accrued, absolute, contingent or otherwise. To the best of WJHC's knowledge, there are no facts in existence on the date hereof known or which should be known to WJHC which might reasonably serve as the basis for any liability or obligation of WJHC relating to the WJHC Business which is not fully disclosed in Schedule 5.4, 5.5 or 5.19.
Extraordinary Liabilities. Seller has delivered to Buyer a ------------------------- list (Schedule 3.5) that, to Seller's knowledge, accurately sets forth all liabilities of Seller as of the Balance Sheet Date relating to the Hospital not included within Schedule 3.4, which are of the kind and character required in financial statements prepared in accordance with generally accepted accounting principles and which were incurred other than in the Ordinary Course of Business, whether accrued, absolute, contingent or otherwise, together with, in the case of those liabilities as to which the liabilities are not fixed, a good faith estimate of the maximum amount which may be payable in respect thereof. To the knowledge of Seller, except as disclosed in Schedules 3.4 or 3.5, Seller has no other material liabilities of any nature, whether accrued, absolute, contingent or otherwise.
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Related to Extraordinary Liabilities

  • Default Liabilities 6.1 The Parties agree and acknowledge that, if any Party (hereinafter the “Defaulting Party”) commits material breach of any provision hereof, or materially fails to perform or delays in performing any obligation hereunder, such breach or failure or delay shall constitute a default under this Agreement (hereinafter a “Default”), then any non-defaulting Party shall be entitled to demand the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within 10 working days following the written notice issued by the non-defaulting Party and the rectification requirement, the non-defaulting Party shall be entitled to decide to, at its discretion:

  • Intercompany Liabilities Any and all Liabilities of Sellers for intercompany advances, charges, or accounts payable of any kind or nature;

  • ERISA Liabilities The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

  • Primary Liability The liability of Guarantor with respect to the Master Lease shall be primary, direct and immediate, and Landlord may proceed against Guarantor: (a) prior to or in lieu of proceeding against Tenant, its assets, any security deposit, or any other guarantor; and (b) prior to or in lieu of pursuing any other rights or remedies available to Landlord. All rights and remedies afforded to Landlord by reason of this Guaranty or by law are separate, independent and cumulative, and the exercise of any rights or remedies shall not in any way limit, restrict or prejudice the exercise of any other rights or remedies. In the event of any default under the Master Lease, a separate action or actions may be brought and prosecuted against Guarantor whether or not Tenant is joined therein or a separate action or actions are brought against Tenant. Landlord may maintain successive actions for other defaults. Landlord’s rights hereunder shall not be exhausted by its exercise of any of its rights or remedies or by any such action or by any number of successive actions until and unless all indebtedness and Obligations the payment and performance of which are hereby guaranteed have been paid and fully performed.

  • Contingent Liabilities Assume, guarantee, become liable as a surety, endorse, contingently agree to purchase, or otherwise be or become liable, directly or indirectly (including, but not limited to, by means of a maintenance agreement, an asset or stock purchase agreement, or any other agreement designed to ensure any creditor against loss), for or on account of the obligation of any person or entity, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of the Company’s business.

  • Liabilities of the Manager A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Manager, the Manager shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

  • Liabilities If this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other party except as provided in Section 4 hereof, and provided further that Sections 1, 6, 7 and 8 shall survive such termination and remain in full force and effect.

  • No Contingent Liabilities There are no known contingent liabilities of the Funds not disclosed and there are no legal, administrative or other proceedings pending, or to the knowledge of the Acquired Fund threatened, against the Acquired Fund or to the knowledge of the Acquiring Fund threatened against the Acquiring Fund which would materially affect its financial condition.

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