Business Liabilities definition

Business Liabilities has the meaning given in the Asset Purchase Agreement. 'CLAIM' includes a claim, notice, demand, action, proceeding, litigation, investigation, judgment, damage, loss, cost, expense or liability however arising, whether present, unascertained, immediate, future or contingent, whether based in contract, tort or statute and whether involving a third party or party to this agreement. 'COMPANIES' means the Australian Company and the NZ Company, and in SCHEDULE 6, 'Company' has the meaning given in CLAUSE 7.3.

Business Liabilities means (a) the Assumed Liabilities and (b) all Liabilities or obligations of the Acquired Companies, whether or not the same is required to be accrued on the financial statements of any Acquired Company.

Business Liabilities means all liabilities of whatsoever nature or kind, and wherever and howsoever arising, of the Seller other than the Rehabilitation Liabilities;

Examples of Business Liabilities in a sentence

• The Acquired Assets and Acquired Liabilities conveyed to NBL pursuant to this Agreement shall constitute assets of the Prothena Business and Prothena Business Liabilities, respectively, for all purposes of the Demerger Agreement.

• The Seller hereby acknowledges and agrees that the Sale specifically excludes the Business Liabilities.

• TNCI desires to purchase, and IFT desires to sell all of its right, title and interest in and to all or substantially all of the tangible and intangible assets relating to the Business as now conducted (the "Assets") and specific liabilities relating to the Business ("Liabilities," with the Assets "Net Assets") in exchange for restricted stock of TNCI.

• Subject to the terms and conditions of this agreement, on the Completion Date the Vendor shall sell and the Purchaser shall purchase the Business Assets and the Purchaser shall assume the Business Liabilities.

• Nothing in this Section 5.19 shall be deemed to release any NRGY Entity from the obligations of any Credit Support Instrument relating to the Retained Propane Business Liabilities or the Other Retained Liabilities.

More Definitions of Business Liabilities

Business Liabilities means the obligations of the Vendor under the Business Contracts, including Warranty Provisions, but excluding Business Payables;

Business Liabilities means, other than Excluded Liabilities:

Business Liabilities means (a) the Assumed Liabilities and (b) all liabilities or obligations of the Acquired Companies of any kind, character or description, whether known or unknown, absolute or contingent, accrued or unaccrued, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, due or to become due, vested or unvested, executory, determined, determinable or otherwise, and whether or not the same is required to be accrued on the financial statements of any Acquired Company.

Business Liabilities has the meaning set forth in Section 6.5(b)(i). --------------------

Business Liabilities means all Liabilities of any kind, primarily relating to (a) any Transferred Entities or (b) the Business, in each case whether occurring, existing or asserted before, on or after the Closing (including any Liabilities to the extent primarily relating to any Shared Contract for which Purchaser is responsible for pursuant to Section 6.6(c)) but excluding (i) any Liabilities relating to Taxes or Tax Returns and (ii) any Liabilities of any kind relating to any businesses that the Business has disposed of or divested.

Business Liabilities means the liabilities listed on Appendix II.

Business Liabilities means all Liabilities (a) exclusively related to the Business, and (b) to the extent relating to both the Business and the Retained Business, the portion of such Liability related to the Business; provided that Business Liabilities shall not include any Retained Business Liabilities or Liabilities in respect of any Excluded Asset.