the Liabilities definition

the Liabilities all liabilities and obligations of the Business, incurred in the normal course, in respect of any period prior to the Operation Commencement Date or in respect of which the cause of action shall have arisen prior to the Operation Commencement Date, whether then due or not, including, but not by way of limitation, all actual and/or contingent liabilities, for payment of money, performance of services and obligations, supply of products and/or other performances;

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the Liabilities means all liabilities, actions, proceedings, claims, demands, taxes and duties and all associated interest, penalties and costs, and all other costs and expenses whatever (including but not limited to costs and expenses incurred by or payable by the Covenantees or any of them in connection with the Trustee’s role as trustee of the Trust) other than Excepted Liabilities.

the Liabilities means all liabilities of whatsoever nature or kind of the seller arising from the conduct of the business as at the effective date and which arose prior to the effective date;

Examples of the Liabilities in a sentence

• Schedule 2.1 attached hereto and incorporated herein sets forth certain categories of Liabilities Assumed and the aggregate Book Value of the Liabilities Assumed in such categories.

• Without prejudice to the Custodian’s rights under applicable law, the Custodian shall be entitled, without notice to the Fund, to withhold delivery of any Collateral, sell, set-off, or otherwise realize upon or dispose of any such Collateral and to apply the money or other proceeds and any other monies credited to the Fund in satisfaction of the Liabilities.

• In the event that a Fund fails to satisfy any of the Liabilities as and when due and payable, the Custodian shall have in respect of the Collateral, in addition to all other rights and remedies arising hereunder or under local law, the rights and remedies of a secured party under the Uniform Commercial Code.

• Each Party shall, and shall cause the members of its Group to, use commercially reasonable efforts (taking into account the probability of success on the merits and the cost of expending such efforts, including attorneys’ fees and expenses) to collect or recover any Insurance Proceeds that may be collectible or recoverable respecting the Liabilities for which indemnification or contribution may be available under this Article IV.

• Except as expressly set forth in this Agreement, the covenants in this Agreement and the Liabilities for the breach of any obligations in this Agreement shall survive the Spin-Off and shall remain in full force and effect.

• Assignee shall from time to time after the date hereof at the request of Assignor and without further consideration execute and deliver to Assignor such additional instruments of assumption in addition to this Transfer and Assumption Agreement as Assignor shall reasonably request to evidence more fully the assumption by Assignee of the Liabilities.

• It is understood that the determination of the Initial Payment is based on the Receiver's best estimate of the Liabilities Assumed and the Assets at Bank Closing.

• To secure the payment of and performance of all the Liabilities, the Pledgor hereby pledges to the Pledgee, and grants to the Pledgee, a security interest in, and lien upon, the Collateral.

• Any cancellation, release or other such action shall be deemed to have been conditioned upon any payment of the Liabilities having become final and irrevocable.

• No Member or beneficial owner of any Membership Interest shall be liable for the Liabilities of the Company.

More Definitions of the Liabilities

the Liabilities all liabilities and obligations of the Business, incurred in the normal course, in respect of any period prior to the Operation Commencement Date or in respect of which the cause of action shall have arisen prior to the Operation Commencement Date, whether then due or not, including, but not by way of limitation, all actual and/or contingent liabilities, for payment of money, performance of services and obligations, supply of products and/or other performances; 2.1.78 “Utilities” - all facilities serving the public, such as water, electricity, sewage, gas and telecommunications and, where appropriate, includes the relevant provider thereof; 2.1.79 “Variable PPP Fee” - that portion of the PPP Fee that is a percentage of the Gross Revenue of the Private Party, which percentage is detailed in Clause 16 and Schedule 6; 2.1.80 “VAT” - Value Added Tax, as defined in the Value Added Tax Act, 1991 (Act No. 89 of 1991), (the “VAT Act”) or any similar tax which is imposed in place of or in addition to such tax;

the Liabilities means all monies owed by and claimed against the Transferor at the close of business on the Transfer Date in relation to the Business in respect of contracts and other creditors including wages of the Employees, the burden of all Purchased Contracts and/or contingent claims and liabilities;

the Liabilities the material unsecured trading liabilities of the Company as at the date of this Agreement more particularly detailed in Schedule 2 "Minmet" Minmet Plc a company incorporated in the Republic of Ireland Limited "Minmet Shares" 13,030,000 Ordinary Shares of IR 1p each in the capital of Minmet the legal and beneficial ownership of which is as set out in Part 1 of Schedule 3

the Liabilities means the liabilities of the Business outstanding at the Completion Date