CCR Excluded Liabilities Sample Clauses
CCR Excluded Liabilities. Except as specifically set forth in Section 2.02(c), the CCBCC Parties are not assuming or agreeing to pay or discharge any of the liabilities, commitments or obligations of the CCR Parties (or any of their Affiliates) of any kind whatsoever (all such liabilities, commitments and obligations not being assumed being herein referred to as the “CCR Excluded Liabilities”). Without limiting the generality of the foregoing, the CCR Excluded Liabilities shall include the following:
(i) any Debt of any CCR Party or any of its Affiliates;
(ii) any liability, commitment or obligation relating to or arising under any CCR Excluded Asset;
(iii) any liability, commitment or obligation with respect to Taxes of the CCR Parties related to the CCR Transferred Assets or the operation of the CCR Business prior to the Closing Date (except to the extent specifically assumed pursuant to Article VI);
(iv) all accounts payable of the CCR Parties (including all accounts payable of the CCR Business accrued as of 12:01 a.m. Eastern Time on the Closing Date), any amounts payable after the Closing for any goods or services delivered or performed prior to the Closing Date and any accrued expenses which are not reflected as current liabilities on the CCR Final Amounts Schedule;
(v) all employment-related obligations or other liabilities of any kind or nature with respect to the CCR Business Employees that arise prior to the Closing Date, including the obligations that are specifically retained by the CCR Parties under the Employee Matters Agreement, and any obligations arising under the CCR Employee Plans;
(vi) any liability, commitment or obligation arising out of (A) any actual or alleged violation of any Environmental Law or Release of Hazardous Substances at any property that was formerly owned or leased in connection with the CCR Business and that is not a CCR Transferred Asset, (B) any Release of Hazardous Substances prior to the Closing at any CCR Real Property or at any third party site to which the CCR Business shipped such Hazardous Substances for the purpose of treatment, storage or disposal prior to the Closing Date or (C) any matter disclosed on
