Liabilities and Potential Liabilities Sample Clauses

Liabilities and Potential Liabilities. For any Major Subcontractor, list and briefly describe the claims and merits of all pending and threatened litigation. For any Major Subcontractor, is there any threatened, pending or past legal proceeding or judgment, or any contingent liability of any sort that could adversely affect the ability of that person to perform the Project? If so, describe such circumstance.
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Liabilities and Potential Liabilities. PrimeSource does not assume any past, present or future liabilities or obligations of Xxxx pursuant to this Agreement or otherwise, whether such liabilities or obligations are known or unknown, actual or contingent, asserted or not, except as specified below (herein the "Assumed Liabilities") which will be assumed by PrimeSource at the Closing Date and PrimeSource shall execute and deliver to Xxxx at Closing as Assumption of Liabilities Agreement in the form of Exhibit B hereto evidencing such assumption:
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Liabilities and Potential Liabilities. PrimeSource does not assume any past, present or future liabilities or obligations of Bell xxxsuant to this Agreement or otherwise, whether such liabilities or obligations are known or unknown, actual or contingent, asserted or not, except as specified below (herein the "Assumed Liabilities") which will be assumed by PrimeSource at the Closing Date and PrimeSource shall execute and deliver to Bell xx Closing as Assumption of Liabilities Agreement in the form of Exhibit B hereto evidencing such assumption:
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Related to Liabilities and Potential Liabilities

  • Material Liabilities The Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.

  • ERISA Liabilities The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

  • LIABILITIES AND INDEMNIFICATION SMC shall be liable for any actual losses, claims, damages or expenses (including any reasonable counsel fees and expenses) resulting from SMC's bad faith, willful misfeasance, reckless disregard of its obligations and duties, negligence or failure to properly perform any of its responsibilities or duties under this agreement. SMC shall not be liable and shall be indemnified and held harmless by the Fund, for any claim, demand or action brought against it arising out of, or in connection with:

  • Liabilities If this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other party except as provided in Section 4 hereof, and provided further that Sections 1, 6, 7 and 8 shall survive such termination and remain in full force and effect.

  • Liabilities and Litigation Neither the Company nor any Subsidiary of the Company has any material (individually or in the aggregate) liabilities, direct or contingent, except as (a) disclosed or referred to in the Financial Statements, (b) disclosed to the Banks in the Disclosure Statement, (c) disclosed in a notice to Agent pursuant to Section 9.11 with respect to such as could reasonably be expected to have a Material Adverse Effect or (d) not prohibited by applicable provisions of Section 10. Except as (a) described in the Financial Statements, (b) otherwise disclosed to the Banks in the Disclosure Statement, (c) disclosed in a notice to Agent pursuant to Section 9.11 with respect to such as could reasonably be expected to have a Material Adverse Effect or (d) not prohibited by applicable provisions of Section 10, no litigation, legal, administrative or arbitral proceeding, investigation, or other action of any nature exists or (to the knowledge of the Company) is threatened against or affecting the Company or any Subsidiary of the Company which could reasonably be expected to result in any judgment which could reasonably be expected to have a Material Adverse Effect, or which in any manner challenges or may challenge or draw into question the validity of this Agreement, the Notes or any other Loan Document, or enjoins or threatens to enjoin or otherwise restrain any of the transactions contemplated by any of them.

  • Total Liabilities to Tangible Net Worth Permit or suffer the --------------------------------------- ratio of Consolidated Total Liabilities of the Company and its Subsidiaries to Consolidated Tangible Net Worth of the Company and its Subsidiaries to be greater than 2.00 to 1.00 at any time.

  • Environmental Liabilities No action, proceeding, revocation proceeding, amendment procedure, writ, injunction or claim is pending, or to the Company's knowledge, threatened concerning any Environmental Permit, Hazardous Material or any Hazardous Materials Activity of the Company. The Company is not aware of any fact or circumstance which could involve the Company in any environmental litigation or impose upon the Company any environmental liability.

  • Total Liabilities 5. Current Liabilities

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