Liabilities or Obligations Sample Clauses
The 'Liabilities or Obligations' clause defines the responsibilities and potential legal or financial duties that each party assumes under the agreement. It typically outlines what each party is required to do, such as delivering goods, providing services, or making payments, and may specify the consequences if these duties are not fulfilled. By clearly delineating who is responsible for what, this clause helps prevent disputes and ensures that all parties understand their commitments, thereby allocating risk and promoting accountability within the contractual relationship.
Liabilities or Obligations. To such Seller’s knowledge, the Partnership has no material liabilities or obligations of a type that would be required to be included or reserved against in a consolidated balance sheet of the Partnership prepared in accordance with GAAP, except for liabilities or obligations (a) reflected or reserved against in the consolidated balance sheet of the Partnership as of March 31, 2016 or the notes thereto, (b) incurred by the Partnership or its subsidiaries in the ordinary course of business consistent with past practice since March 31, 2016, or (c) otherwise disclosed in the Schedules attached hereto.
Liabilities or Obligations. Termination or expiration of the Agreement for any reason shall not release either Party from any liabilities or obligations set forth therein, which (i) the Parties have expressly agreed shall survive any such termination or expiration, or (ii) remain to be performed or by their nature would be intended to be applicable following any such termination or expiration. The termination of the Agreement shall not affect any of the warranties, indemnification’s or obligations relating to returns, co-op advertising payments, credits or any other matters set forth in the Agreement that should survive termination in order to carry out their intended purpose, all of which shall survive the termination thereof.
Liabilities or Obligations. As of the Closing Date, AmeriNet will not have any liabilities or obligations of any nature, whether accrued, absolute, contingent, inchoate or otherwise. AmeriNet Closing Funds.
Liabilities or Obligations. SECURITIES PURCHASE AGREEMENT
Liabilities or Obligations