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.

Related to DISCHARGED LIABILITIES

  • Covered Liabilities as defined in Subsection 11.21.

  • Guaranteed Liabilities means all moneys, obligations and liabilities expressed to be guaranteed by the Guarantor in clause 2.1;

  • Reinsured Liabilities means the General Account Liabilities, the Risk Control Separate Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities.

  • Transferred Liabilities has the meaning ascribed to such term in the Separation Agreement.

  • Charged Assets means the assets and undertaking charged or to be charged to the Lender from time to time pursuant to the Security Documents;