Contract Liabilities definition

Contract Liabilities means the liabilities of the insurance company under account contracts, including liabilities with respect to which guarantees as to amount are provided by the insurance company and liabilities with respect to which guarantees as to amount are not provided by the insurance company.

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Contract Liabilities shall have the meaning ascribed to such term in Section 2.4 hereof.

Contract Liabilities means all of the obligations and Liabilities of Seller with respect to the operation of the Stations to the extent arising as of or after the Effective Time under the Contracts that constitute assets being sold and assigned to Buyer pursuant to Section 1.1.

Examples of Contract Liabilities in a sentence

• Assignee hereby accepts the grant, conveyance, transfer and assignment by Assignor to Assignee, its successors and assigns, of all of Assignor's rights, title and interest under, in and to the Contract, and hereby assumes and agrees to perform and discharge all of Assignor's executory obligations arising under the Contract (the "Assumed Contract Liabilities").

• It is understood that, unless otherwise mutually agreed, there will not be a novation or assignment of the Corporation Shared Contract Liabilities and that the LLC shall perform its obligations hereunder by taking all such actions as are reasonably necessary or desirable to ensure that the Corporation is able to perform all of the obligations constituting Shared Contract Liabilities under each Corporation Shared Contract.

• It is understood that, unless otherwise mutually agreed, there will not be a novation or assignment of the Shared Contract Liabilities and that the Corporation shall perform its obligations hereunder by taking all such actions as are reasonably necessary or desirable to ensure that the LLC is able to perform all of the obligations constituting Shared Contract Liabilities under each LLC Shared Contract.

• Except for the Assumed Contract Liabilities identified in Section 2, Assignee does not assume, and shall not in any manner become responsible or liable for, and Assignor shall retain, pay, discharge and perform in full, all other debts, obligations or liabilities of Assignor, whether known or unknown, fixed, contingent or otherwise.

• It is understood that, unless otherwise mutually agreed, there will not be a novation or assignment of the Shared Contract Liabilities and that MJN shall perform its obligations hereunder by taking all such actions as are reasonably necessary or desirable to ensure that the BMS is able to perform all of the obligations constituting Shared Contract Liabilities under each BMS Shared Contract.

More Definitions of Contract Liabilities

Contract Liabilities shall have the meaning set forth in the Core Coinsurance Agreement.

Contract Liabilities means all liabilities and obligations arising under the express terms and conditions of the Contracts. Without limiting the generality of the foregoing, the term "Contract Liabilities" shall include, without limitation, any and all of FAFLIC's liability:

Contract Liabilities means any and all of London Pacific's gross risks, liabilities and obligations, based upon or arising out of the express terms and conditions of the Contracts.

Contract Liabilities means any and all liabilities of Seller under any of the Contracts immediately prior to the Effective Time.

Contract Liabilities means al1 express or implied liabilities, obligations and burdens of the Seller pursuant to the Contracts which arise in relation to the performance or failure in performance of such Contracts.

Contract Liabilities has the meaning given to it in Clause 9.2;

Contract Liabilities shall have the meaning set forth in Section 3.07.