Unreleased Liability definition

Unreleased Liability shall have the meaning set forth in Section 2.5(b).
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Unreleased Liability has the meaning set forth in Section 5.2.
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Examples of Unreleased Liability in a sentence

  • If at any time on or after the Effective Time, any member of any Group shall remain obligated to any Third Party in respect of any Corresponding Liability not its own — i.e., a Corresponding Liability of another Separate-co (such other Separate-co with respect such Unreleased Liability and such Unreleased Person, the “Responsible Separate-co”) — the following provisions shall apply.

  • Without limiting the generality of Section 10.2 and 10.3, LE shall indemnify, defend and hold harmless each SHC Indemnified Party that is an Unreleased Person against any Liabilities arising in respect of each Unreleased Liability of such Person and SHC shall indemnify, defend and hold harmless each LE Indemnified Party that is an Unreleased Person against any Liabilities relating to, arising out of or resulting from each Unreleased Liability of such Person.

  • Without limiting the generality of Sections 10.2 and 10.3, each of Distributing and SVMC shall indemnify, defend and hold harmless each TG Indemnified Party that is an Unreleased Person against any Liabilities arising in respect of each Unreleased Liability of such Person, and each of Controlled and TG LP shall indemnify, defend and hold harmless each SVM Indemnified Party that is an Unreleased Person against any Liabilities arising in respect of each Unreleased Liability of such Person.

  • If at any time on or after the Contribution Effective Time, any member of the HomeAdvisor Group or the IAC Group shall remain obligated to any Third Party in respect of any Liability of the other Party or its Group (such other Party with respect such Unreleased Liability and such Unreleased Person, the “Responsible Party”), the following provisions shall apply.

  • Without limiting the generality of Sections and Section 9.3, ACC shall indemnify, defend and hold harmless each HyperScale Indemnified Party that is an Unreleased Person against any Liabilities arising in respect of each Unreleased Liability of such Person, and HyperScale shall indemnify, defend, and hold harmless each ACC Indemnified Party that is an Unreleased Person against any Liabilities relating to, arising out of or resulting from each Unreleased Liability of such Person.