Liabilities incurred Clause Samples
The 'Liabilities incurred' clause defines the responsibility of a party to pay for or otherwise address obligations that arise during the course of an agreement. This typically covers debts, damages, or other financial commitments that are directly related to the performance of the contract. For example, if a party causes property damage or accrues costs while fulfilling their contractual duties, this clause clarifies who is responsible for those liabilities. Its core function is to allocate risk and ensure that each party understands their financial responsibilities, thereby preventing disputes over unforeseen costs.
Liabilities incurred since the Balance Sheet Date in the ordinary course of business;
Liabilities incurred as a result of Licensee’s violation, or a violation by Licensee’s officers, directors, employees, agents or contractors, of any law, rule, or regulation of the United States, State of Washington or any other governmental entity or administrative agency.
Liabilities incurred since the Balance Sheet Date in the ordinary course of business (none of which is a Liability for tort, breach of contract or environmental Liability);
Liabilities incurred since December 31, 2010 in the ordinary course of business consistent with past practice that would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect; (c) Liabilities or obligations incurred directly pursuant to this Agreement; and (d) any other Liabilities that would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.
Liabilities incurred since December 31, 2003 in the ordinary course of business and consistent with past practice which are not material individually or in the aggregate; and (iii) as set forth in Schedule 3.08(c).
Liabilities incurred. AS A RESULT OF LICENSEE’S VIOLATION, OR A VIOLATION BY LICENSEE’S OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR CONTRACTORS, OF THIS AGREEMENT AND/OR ANY LAW, RULE, OR REGULATION OF THE UNITED STATES, STATE OF TEXAS OR ANY OTHER GOVERNMENTAL ENTITY OR ADMINISTRATIVE AGENCY.
Liabilities incurred since December 31, 2010 in the ordinary course of business consistent with past practice that would not reasonably be expected to have individually or in the aggregate a Parent Material Adverse Effect; (c) Liabilities or obligations incurred directly pursuant to this Agreement; and (d) any other Liabilities that would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.
Liabilities incurred since January 1, 1997 in the ordinary course of business. The Company has no knowledge of any circumstance, condition, event or arrangement that may hereafter give rise to any Liabilities of the Company or the Subsidiary except in the ordinary course of business.
Liabilities incurred since December 31, 1997 in the ordinary course of business, or (b) as disclosed in Schedule 3.25 to the Bancorp Disclosure Schedule.
Liabilities incurred since the Reference Balance Sheet Date in the ordinary course of business consistent with past practice; (iii) Transaction Expenses; and (iv) Liabilities set forth on Schedule 4.10(c) of the Disclosure Schedules.