Outstanding Liabilities definition
Examples of Outstanding Liabilities in a sentence
Should Merchant exceed the limit established by ProfitPoint, ProfitPoint may suspend processing, establish a reserve account, or take other actions as deemed necessary by ProfitPoint to guarantee the repayment of Outstanding Liabilities.
The Company may, but need not, pay, on or prior to the Closing, the Company Transaction Expenses and the Outstanding Liabilities; provided, that, the Company shall, at the Closing, make direct payments from its unrestricted cash to satisfy the Company Transaction Expenses Amount and the Outstanding Liabilities Amount set forth in the Closing Payment Schedule, pursuant to the wire instructions set forth therein.
Prior to the Closing, Company shall provide Parent with a duly and validly executed current Form W-9 (or applicable current Form W-8, in the case of non-U.S. Persons) from each recipient of payment of Company Transaction Expenses or Outstanding Liabilities.
The Lessor shall not be entitled to make any claim against the Onshore Security Agent or the Nominated Company in respect of any liability which accrued prior to the date of the Warning Notice or Enforcement Notice and which is not notified to the Onshore Security Agent in the Notice of Outstanding Liabilities.
To the extent Caminus or Acquisition Sub discovers Outstanding Liabilities after the execution of this Agreement that were not discharged by the Shareholders prior to or upon such execution, the Shareholders shall discharge such Outstanding Liabilities upon notice from Caminus.