Definition of Pre-Closing Accrued Liabilities

Pre-Closing Accrued Liabilities means any liability, obligation or commitment arising out of any claim, suit, action or other proceeding (whether now known or pending or arising after the date of this Agreement) related to any litigation, general liability, auto liability, workers' compensation, product warranty or product liability of the Business in respect of events occurring on or prior to the Closing to the extent such amounts are reflected in the Statement (including in reserves) as finally determined pursuant to Section 1.05.
Sample 1