Liabilities definition
Examples of Liabilities in a sentence
Each Contract, transfer of assets or Liabilities or other commitment or transaction required to be set forth in Section 3.26(a) of the Company Disclosure Schedule was on terms and conditions as favorable to the Acquired Companies as would have been obtainable by them at the time in a comparable arm’s-length transaction with a Person other than an Affiliate.
NVH confirms that it currently has no external NVH Liabilities, and future NVH Liabilities will only be incurred if mutually agreed with Parent in writing.
The amounts reflected as Liabilities in line items on the Interim Balance Sheet for all Taxes are adequate to cover all unpaid Liabilities for all Taxes, whether or not disputed, that have accrued with respect to, or are applicable to, the period ended on and including the date of the Interim Balance Sheet.
NVH Internal Liabilities, subject to Parent’s review and reasonable consent, shall be converted into equity of NVH immediately prior to the Effective Time.
The Parties agree that such filing shall expressly call to the attention of the PSCW the Parties allocation of liabilities set forth in this Agreement, including the Assumed Liabilities and Excluded Liabilities, and request that the PSCW find, in its order approving this Agreement and the transaction contemplated hereby, that such allocation of liabilities, including the Assumed Liabilities and Excluded Liabilities, is prudent and in public interest.