Common use of General Liabilities Clause in Contracts

General Liabilities. Any environmental claims or liabilities, warranty or service claims or liabilities, product claims or liabilities, product recall, toxic tort, litigation or labor or employment claims or liabilities, general liabilities, workers’ compensation claims and any similar obligations or liabilities of Seller existing on the Closing Date or, regardless of when asserted, related to periods, or arising out of events occurring, prior to the Effective Time.

Appears in 1 contract

Sources: Asset Purchase Agreement (Ats Medical Inc)

General Liabilities. Any environmental claims or liabilities, warranty or service claims or liabilities, product claims or liabilities, product recall, toxic tort, litigation or labor or employment claims or liabilities, automobile liabilities, general liabilities, workers’ compensation claims and any similar obligations or liabilities of Seller existing on the Closing Date or, regardless of when asserted, related to periods, periods or arising out of events occurring, portions thereof ending on or prior to the Effective TimeClosing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (American Medical Systems Holdings Inc)