Pre-Closing Product Liability Matters definition

Pre-Closing Product Liability Matters means all the Liabilities of the Electrical Business relating to product liabilities with respect to events occurring prior to Closing.
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Pre-Closing Product Liability Matters means any and all Damages to the extent relating to, in connection with or arising out of any actual or alleged product liability, personal injury (including death), property damage, diminution in property value claims or other claims of any Person relating to, involving or arising out of the actual or alleged manufacture, processing, assembly, marketing, distribution, transportation or sale of any product (or any component or ingredient thereof) by or on behalf of the Business or any Acquired Entity, or any predecessors thereof, on or prior to the Closing Date, regardless of when the actual or alleged exposure, Damages or injury occurs or occurred, when any such actual or alleged Damages become known or manifest, or when any claim accrues. Notwithstanding the foregoing, Pre-Closing Product Liability Matters do not include Pre-Closing Asbestos Matters, Pre-Closing Exposure Matters, Pre-Closing Workers Compensation Matters or any other claims arising out of or relating to Environmental Law.
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Related to Pre-Closing Product Liability Matters

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • Pre-Closing Tax Periods means any and all Tax periods that end on or before the Closing Date and the portion of any Straddle Period ending at the end of day on which the Closing occurs.

  • SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).

  • Third Party Liability means the liability of ARTC and/or the Operator to any third party (not being a related entity as defined in the Corporations Act 2001) who suffers any personal injury, property or economic loss or damage as a consequence of an Incident.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Pre-Closing Taxes means Taxes of the Company for any Pre-Closing Tax Period.

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of Xxxxxxx Retained Business.