Examples of Parent Retained Liabilities in a sentence
Such evidence may include, but is not limited to, an affidavit certifying that 30% of the subject Contractor’s or Subcontractor’s employees are low-income as defined by federal guidelines; documentation to prove the Business Concern is actively recognized as a Certified Section 3 Business Concern by HUD or MSHDAS; household income of the business owner; a list of employees and the household income of each employee, etc.
Notwithstanding anything to the contrary contained in this Agreement, neither Purchaser Parent, Purchaser nor any of their respective Affiliates makes any express or implied representation or warranty with respect to the Purchaser Parent Retained Businesses or Purchaser Parent Retained Liabilities.
Notwithstanding the foregoing, the LQ Parent Retained Liabilities shall not include any Liabilities that are (A) expressly contemplated by this Agreement or by any Specified Ancillary Agreement (or the Schedules hereto or thereto) as Liabilities to be Assumed by any member of the CPLG Group, including any Liabilities specified in the definition of Separated Real Estate Liabilities, including clauses (i) through (xii) thereof, or (B) expressly discharged pursuant to Section 2.4 of this Agreement.
All Liabilities assumed or retained by a member of the Parent Group under this Agreement shall be Parent Retained Liabilities for purposes of the Separation Agreement.