Subscription Liability Clause Samples
Subscription Liability. Upon the expiration of the Term, unless MSO consummates an acquisition of the Magazine pursuant to Sections 15(h) or 16 hereof and continues to publish the Magazine, ▇▇▇▇▇▇▇▇ shall remain liable for all outstanding liabilities relating to the Magazine subscription liability occurring during MEREDITH’s operations thereof. If MSO consummates an acquisition of the Magazine Business pursuant to Sections 15(h) or 16 hereof, MSO, or the Buyer (as defined herein), shall assume all post-closing subscription liabilities of the Magazine.
Subscription Liability. Full accrual
Subscription Liability. The Subscription Liability is a bona fide ---------------------- liability and represents amounts due with respect to actual, arms length transactions entered into in the Ordinary Course of Business.
Subscription Liability. Upon the expiration of the Term, MSO shall assume all post-closing subscription liabilities of the Magazine.