Vendor’s Liabilities definition

Vendor’s Liabilities means each and every indebtedness and liability of the Vendor, present and future, direct or indirect, absolute or contingent to any and all persons, including, without limiting the generality of the foregoing, the liability of the Vendor to Depositors for monies on deposit with the Vendor and to Shareholders with respect to monies invested in shares of the Vendor.

Examples of Vendor’s Liabilities in a sentence

  • For the purposes of sections 16(2)(e) and (f) of the Act, the Vendor and the Purchaser acknowledge and agree that none of the assets of the Vendor are excluded from the Vendor’s Assets and that none of the liabilities of the Vendor are excluded from the Vendor’s Liabilities.

  • In consideration of the acquisition by the Purchaser of the Vendor’s Assets, the Purchaser agrees to assume, as of the Effective Time, all the Vendor’s Liabilities.

  • The Vendor will give to the Purchaser and the Purchaser’s solicitors, accountants and other representatives full access, during normal business hours throughout the period between the date of this Agreement and the Effective Time to all of the properties, books, contracts, commitments and records of the Vendor relating to the Vendor’s Business, the Vendor’s Assets and the Vendor’s Liabilities and will furnish to the Purchaser during such period all such information as the Purchaser may reasonably request.

  • The Vendor will give to the Purchaser and the Purchaser’s counsel, accountants and other representatives full access, during normal business hours throughout the period between the date of this Agreement and the Effective Time to all of the properties, books, contracts, commitments and records of the Vendor relating to the Vendor’s Business, the Vendor’s Assets and the Vendor’s Liabilities and will furnish to the Purchaser during such period all such information as the Purchaser may reasonably request.

  • The Vendor will give to the Purchaser and the Purchaser’s Solicitors, accountants and other representatives full access, during normal business hours throughout the period between the date of this Agreement and the Effective Time to all of the properties, books, contracts, commitments and records of the Vendor relating to the Vendor’s Business, the Vendor’s Assets and the Vendor’s Liabilities and will furnish to the Purchaser during such period all such information as the Purchaser may reasonably request.

Related to Vendor’s Liabilities

  • Covered Liabilities as defined in Subsection 11.21.

  • Product Liabilities means any Liability arising out of, relating to or resulting from actual or alleged harm, injury, damage or death to persons in connection with the use of any product (including in any clinical trial or study);

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Reinsured Liabilities means the General Account Liabilities, the Risk Control Separate Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities.

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;