DISCHARGED LIABILITIES definition
DISCHARGED LIABILITIES has the meaning set forth in Section 2.3. “Excluded Assets” has the meaning set forth in Section 2.2. “Excluded Liabilities” has the meaning set forth in Section 2.4. “GAAP” means United States generally accepted accounting principles.
DISCHARGED LIABILITIES means all liabilities and obligations of the Target owed to the Seller, and all other liabilities and obligations of the Target set forth in Exhibit B; provided, however, that the Discharged Liabilities shall not include any liability or obligation of the Seller or Target under this Agreement.