Common use of Operating Liabilities Clause in Contracts

Operating Liabilities. All Liabilities with respect to the operation of an Acquired Asset or the Wholesale Business arising or relating to events that occurred prior to the Closing Date, including any Liabilities associated with Permitted Liens arising prior to the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Penn Traffic Co)

Operating Liabilities. All Liabilities with respect to the operation or ownership of an Acquired Asset or the Wholesale Business arising or relating to events that occurred prior to the Closing Date, including any Liabilities associated with Permitted Liens arising prior to occur on or after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Penn Traffic Co)

Operating Liabilities. All Liabilities with respect to claims arising in any way with respect to or as a result of the operation of an Acquired Asset or the Wholesale Business arising or relating to events that occurred prior to the Closing Date, including any Liabilities associated with Permitted Liens arising prior to beginning on and after the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Neogenix Oncology Inc)