Successor Liabilities definition
Successor Liabilities means any Liability arising from a person claiming through, by or on behalf of a Seller, whether such claim, demand, lien, or interest be direct or indirect, known or unknown, that Buyer is a successor, successor-in-interest or pursuant to any other theory; provided, however, that Buyer shall not be relieved of liability with respect to the Assumed Liabilities or Permitted Liens from and after the Closing.
Successor Liabilities means any Liabilities that any Person or Governmental Entity seeks to impose upon Buyer by virtue of any theory of successor liability, including Liabilities relating to environmental matters, any Employee Plan/Agreement, product liability, Taxes, labor and employment matters, COBRA, ERISA, the Code, the WARN Act, FLSA or as a result of Buyer’s failure to comply with any bulk transfer or similar Law.
Successor Liabilities means any claims, Encumbrances, Indebtedness, liens, Liabilities and contingencies of the Sellers, including, but not limited to, Tax, labour, environmental, social security, civil, commercial, administrative and anti-corruption liabilities, as per Article 60 of the Brazilian Bankruptcy Law and other Applicable Laws to the extent contemplated in Article 60 of the Brazilian Bankruptcy Law;
More Definitions of Successor Liabilities
Successor Liabilities means any Liabilities that any Person or Governmental Entity seeks to impose upon Buyer by virtue of any theory of successor liability, including, without limitation, Liabilities relating to environmental matters, any Employee Plan/Agreement, product liability, Taxes, labor and employment matters, COBRA, ERISA, the Code, the WARN Act, other applicable “plant-closing” or similar Law (including, as result of Company or the PEO failing to provide any notices that may be required under such Laws), FLSA or any equivalent state, municipal, county, local, foreign or other Law with respect to any of the foregoing, or as a result of Buyer’s failure to comply with any bulk transfer or similar Law.