OPI Liabilities definition

OPI Liabilities means (without duplication), in each case as of the Separation Time:
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Examples of OPI Liabilities in a sentence

  • OPI shall maintain all invoices, receipts and other evidence of the Assumed OPI Liabilities Payments and the source of funds used for payment thereof.

  • Sabacol shall not assume or be liable for (i) any obligation to perform or any obligation or liability for default or nonperformance by OPI under the Assumed OPI Liabilities that arises prior to the Effective Time, (ii) any liability relating to the condition of the Sabacol Assets, except as otherwise provided herein or (iii) any other debts, contracts, leases, liabilities, arrangements, commitments, obligations, restrictions, disabilities or duties of OPI.

  • Sabacol shall execute and deliver to the Omimex Group such documents as shall be necessary and effective to assume the Assumed OPI Liabilities.

  • Sabacol shall assume and be liable for all of OPI's obligations that arise under the contracts, leases, arrangements and commitments set forth on Schedule 1.3.2 from and after the Effective Time (collectively, the "Assumed OPI Liabilities").

  • OPI shall pay all amounts that first accrue under the Assumed OPI Liabilities on or after the Effective Time and before the Closing Date (the "Assumed OPI Liabilities Payments") from OPI's own funds or the OPI Assets Revenue, and Sabacol shall reimburse OPI for the Assumed OPI Liabilities Payments that OPI paid from its own funds.

Related to OPI Liabilities

  • SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Product Liabilities means any Liability arising out of, relating to or resulting from actual or alleged harm, injury, damage or death to persons in connection with the use of any product (including in any clinical trial or study);

  • Retained Liabilities has the meaning set forth in Section 2.4.