Definition of Pre-Closing Intragroup Liabilities


Pre-Closing Intragroup Liabilities means all amounts, and any Liabilities in respect of any unperformed obligations, which are at Closing owed by an Acquired Company to EME or its Affiliates (other than Acquired Companies and any Subsidiaries which cease to be Subsidiaries of EME after Closing as a result of the exercise of any Preemptive Rights), but excluding, in every case, the Owner Notes.