Existing Liabilities definition

Existing Liabilities means the "Liabilities" under and as defined in the Existing Credit Agreement.
Existing Liabilities. Existing Liabilities" means the Company's liabilities or obligations reflected or reserved against in the Closing Balance Sheet.

Examples of Existing Liabilities in a sentence

  • For the purpose of illustrating the amount of the Disposal Consideration, it is assumed that the Existing Liabilities as at 31 December 2013 is equivalent to the unaudited amount of the Existing Liabilities as at 31 March 2013 of approximately S$7,608,000.

  • Economic expenditure ratio a\ 10% 50%Capacity to Service Existing Liabilities 4.

  • The amendments to the NHS (Wales) Act 2006 made by the Bill ensure that the Welsh Ministers may deliver the Existing Liabilities Scheme (the ELS).

  • This is so long as they are carrying out a relevant function and a qualifying liability (as defined in the National Health Service (Clinical Negligence Scheme) Regulations 1996(1), National Health Service (Existing Liabilities Scheme) Regulations 1996(2), National Health Service (Liabilities to Third Parties Scheme) Regulations 1999(3).

  • However, the NAO report “Handling clinical negligence claims in England” (30 April 2001) gave data based on the Existing Liabilities Scheme.


More Definitions of Existing Liabilities

Existing Liabilities as used herein shall mean and include all debts, obligations and liabilities of the CORPORATION existing or accrued at time transfer hereunder, including but not limited to: Accounts payable, Expenses payable, Notes payable, Taxes accrued to date, Accrued wages, Rents, Loan due any party, and Obligations of every nature and description, whether secured or unsecured, disputed or undisputed, known or unknown, liquidated or unliquidated, presently due or due at a future time, contingent or non-contingent and notwithstanding whether the Corporation’s liability is primary or secondary. Exempted from liability are contingent claims, known or unknown, of which there is adequate insurance coverage, and further exempted are all interest charges, service fees, penalties, or other like assessments for late payment accrued from date of transfer. The BUYER shall prepare a schedule of liabilities as above defined, and annex same at time of transfer as Exhibit A.
Existing Liabilities means liabilities, including liabilities coming into existence after the Issue Date, the aggregate amount of which does not exceed any of the following amounts:
Existing Liabilities means the Liabilities referenced in numbers 4 and 5 ofSchedule 3.2(f)(iii) and any other Liabilities arising prior to the Closing under the Leases that results in the incurrence of an out-of- pocket expense of the Company or Purchaser.
Existing Liabilities means all liabilities (including, without limitation, Indebtedness) as determined by GAAP of the Company and its Subsidiaries as of March 26, 2023, all of which such liabilities are listed on Schedule D hereto.
Existing Liabilities means all of the Liabilities of the Loan Parties at the time the Loan Parties filed for bankruptcy.
Existing Liabilities means the existing liabilities of Frontier Rich Investment in the
Existing Liabilities means all present and future moneys (including a principal amount of up to three hundred and forty five million three hundred and ninety thousand sixty six US Dollars and thirteen cents (US$345,390,066.13)), debts and liabilities due, arising or incurred by (among others) the Sellers to the Existing Mortgagee (and any other relevant creditor parties) and which is secured by (among other things) the Existing Mortgage.