Business Liabilities definition

Business Liabilities means, other than Excluded Liabilities:

Business Liabilities means all liabilities of whatsoever nature or kind, and wherever and howsoever arising, of the Seller other than the Rehabilitation Liabilities;

Business Liabilities has the meaning given in the Asset Purchase Agreement. 'CLAIM' includes a claim, notice, demand, action, proceeding, litigation, investigation, judgment, damage, loss, cost, expense or liability however arising, whether present, unascertained, immediate, future or contingent, whether based in contract, tort or statute and whether involving a third party or party to this agreement. 'COMPANIES' means the Australian Company and the NZ Company, and in SCHEDULE 6, 'Company' has the meaning given in CLAUSE 7.3.

Examples of Business Liabilities in a sentence

• The Acquired Assets and Acquired Liabilities conveyed to NBL pursuant to this Agreement shall constitute assets of the Prothena Business and Prothena Business Liabilities, respectively, for all purposes of the Demerger Agreement.

• The Transferor and the Transferee have agreed that the Transferor will transfer to the Transferee the Transferring Business, including the Transferring Business Assets and the Transferring Business Liabilities (as more particularly defined below so as to exclude certain matters), and that the Transferring Business will vest in the Transferee accordingly.

• The Seller hereby acknowledges and agrees that the Sale specifically excludes the Business Liabilities.

• TNCI desires to purchase, and IFT desires to sell all of its right, title and interest in and to all or substantially all of the tangible and intangible assets relating to the Business as now conducted (the "Assets") and specific liabilities relating to the Business ("Liabilities," with the Assets "Net Assets") in exchange for restricted stock of TNCI.

• Jersey Business Information and Records means all Business Information and Business Records relating to or attributable to the Jersey Transferred Business, Jersey Transferred Business Assets, Jersey Transferred Business Liabilities, Jersey Residual Assets and Jersey Residual Liabilities.

More Definitions of Business Liabilities

Business Liabilities means the obligations of the Vendor under the Business Contracts, including Warranty Provisions, but excluding Business Payables;

Business Liabilities has the meaning set forth in Section 6.11.

Business Liabilities means all Liabilities of Seller and its Subsidiaries (or of Purchaser and its Subsidiaries arising from and after the Closing asserted against a Seller Indemnitee) to the extent related to or arising out of the ownership or operation of the Business or the Business Assets occurring or arising before, on or after the Closing Date, in each case, other than the Excluded Liabilities.

Business Liabilities means (a) the Assumed Liabilities and (b) all Liabilities or obligations of the Acquired Companies, whether or not the same is required to be accrued on the financial statements of any Acquired Company.

Business Liabilities means (a) the Assumed Liabilities and (b) all liabilities or obligations of the Acquired Companies of any kind, character or description, whether known or unknown, absolute or contingent, accrued or unaccrued, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, due or to become due, vested or unvested, executory, determined, determinable or otherwise, and whether or not the same is required to be accrued on the financial statements of any Acquired Company.

Business Liabilities means the liabilities listed on Appendix II.

Business Liabilities means, collectively, (a) all Liabilities under the Business Contracts transferred or assigned to Splitco or Clorox Korea to the extent arising from acts or omissions of HCI or any of its Affiliates or events occurring or conditions existing after the Closing, (b) all Liabilities relating to Business Intellectual Property or Permits transferred or assigned to Splitco or Clorox Korea to the extent arising from acts or omissions of HCI or any of its Affiliates or events occurring or conditions existing after the Closing, (c) except as set forth in Section 3.5, Liabilities to or in respect of Transferred Employees (or their respective beneficiaries or dependents) to the extent arising from acts, omissions, events, circumstances or conditions occurring or existing on or after the Closing, (d) except as set forth in Section 3.5, all Liabilities of Clorox Korea, and (e) the Liabilities listed in Section 3.4 of Clorox’s Disclosure Schedule.