Examples of Remaining Liabilities in a sentence
This Guaranty shall remain in effect until payment in full of the Remaining Liabilities, as defined below, following termination of this Guaranty by the Guarantor in accordance with this paragraph.
For the avoidance of doubt, Holdings obligation to indemnify, defend and hold harmless each Holdings Indemnified Party shall exclude all Losses to which they may become subject as result of all liabilities, obligations and commitments (whether direct or indirect, matured or unmatured, known or unknown, absolute, accrued, contingent or otherwise) arising out or relating to the Remaining Liabilities.
Holdings agrees to indemnify, defend and hold harmless each Holdings Indemnified Party from against all Losses to which they may become subject as result of all liabilities, obligations and commitments (whether direct or indirect, matured or unmatured, known or unknown, absolute, accrued, contingent or otherwise) of Michigan or New LLC arising from any facts in existence, event or activity occurring, prior to the Effective Time, that are not Remaining Liabilities.
However, any decrease in Provisions, reported under Remaining Liabilities must be highlighted and explained in a separate note, especially where the transaction is part of the whole transaction of a loan write-off.
Step 43: Assumption of Remaining Liabilities of the Step 32 Companies All of the remaining liabilities of each Step 32 Company shall be assumed by, and become liabilities of Arctic Glacier California Inc.