Potential Liabilities definition

Potential Liabilities means any Direct Loss and/or Indirect Loss suffered or incurred by a Party arising out of or in connection with any or all of the following:
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Potential Liabilities means any Direct Loss and/or Indirect Loss suffered or incurred by a Party arising out of or in connection with any or all of the following: any delay in the procurement of the Frameworks; any finding that the Frameworks have not been procured in compliance with the Public Contracts Regulations 2015; and any claim brought by a contractor against that Party under the Frameworks and/or any Call-Off Contract;
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Potential Liabilities means as of a particular date, an amount that is sufficient to pay each Participant the Benefits to which such Participant would be entitled pursuant to the terms of the Covered Plans as if a Change in Control had occurred as of that date.
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Examples of Potential Liabilities in a sentence

  • Subject to this clause 6, each Party agrees that as from the Commencement Date it shall bear any Potential Liabilities that it may suffer and/or incur.


More Definitions of Potential Liabilities

Potential Liabilities means, at any date, (i) the greater of (x) the Holder's Pro-Rata Indemnity Percentage of the then Indemnity Cap, and (y) $461,613, which amount is the product of the closing market price per share for the common stock of NHTC on prior the Closing Date times the number of Firm Shares received by the Holder, minus (ii) any amounts then previously paid to NHTC by or on behalf of Holder (or its successors or assigns) pursuant to Article VIII of the Reorganization Agreement.
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Related to Potential Liabilities

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Company or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Liabilities means any and all debts, liabilities and obligations, whether accrued or fixed, absolute or contingent, matured or unmatured or determined or determinable, including, without limitation, those arising under any Law, Action or Governmental Order and those arising under any contract, agreement, arrangement, commitment or undertaking.

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Environmental Costs and Liabilities means any and all losses, liabilities, obligations, damages, fines, penalties, judgments, actions, claims, costs and expenses (including, without limitation, fees, disbursements and expenses of legal counsel, experts, engineers and consultants and the costs of investigation and feasibility studies and remedial activities) arising from or under any Environmental Law or order or contract with any Governmental Authority or any other Person.