Contract Liabilities definition

Contract Liabilities means the liabilities of the insurance company under account contracts, including liabilities with respect to which guarantees as to amount are provided by the insurance company and liabilities with respect to which guarantees as to amount are not provided by the insurance company.
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Contract Liabilities shall have the meaning ascribed to such term in Section 2.4 hereof.
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Contract Liabilities means all of the obligations and Liabilities of Seller with respect to the operation of the Stations to the extent arising as of or after the Effective Time under the Contracts that constitute assets being sold and assigned to Buyer pursuant to Section 1.1.
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Examples of Contract Liabilities in a sentence

  • For the avoidance of doubt, the conversion of such Ascertained Non-Financial Contract Liabilities into US dollars for the purpose of Part 11 shall not prejudice any of the Company’s rights to take any action against the Signatory outside this Agreement in respect of any Non-Financial Contract Liabilities denominated in their Original Currency.

  • To the extent that any Ascertained Non-Financial Contract Liabilities are denominated in a currency other than US dollars, the Company shall convert such Ascertained Non-Financial Contract Liabilities into US dollars using the Spot Rate as of the Relevant FX Conversion Time.

  • The Company shall determine from time to time any Ascertained Non-Financial Contract Liabilities in respect of each TA Signatory in accordance with Part 9.

  • If the Net Financial Claim exceeds the Limited Ascertained Non-Financial Contract Liabilities, then the Limited Ascertained Non-Financial Contract Liabilities will be Reduced in full in accordance with Clause 60.1.4 and any remaining amount of Net Financial Claim after Appropriation in accordance with Clause 60.1.4 shall become an Ascertained Claim.

  • The Company shall Appropriate the Net Financial Claim towards the Reduction of the amount of the Limited Ascertained Non-Financial Contract Liabilities at the relevant Distribution Value Date.


More Definitions of Contract Liabilities

Contract Liabilities means all liabilities and obligations arising under the express terms and conditions of the Contracts. Without limiting the generality of the foregoing, the term "Contract Liabilities" shall include, without limitation, any and all of FAFLIC's liability:
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Contract Liabilities means any and all of London Pacific's gross risks, liabilities and obligations, based upon or arising out of the express terms and conditions of the Contracts.
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Contract Liabilities shall have the meaning set forth in the Core Coinsurance Agreement.
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Contract Liabilities has the meaning given to it in Clause 9.2;
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Contract Liabilities means al1 express or implied liabilities, obligations and burdens of the Seller pursuant to the Contracts which arise in relation to the performance or failure in performance of such Contracts.
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Contract Liabilities. See Section 2.2(d)(ii).
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Contract Liabilities means the Liabilities arising under the Contracts due to actions taken or omitted to be taken by the Buyer Parties from and after the Closing and the Liabilities arising under Contracts entered into by the Seller between the date hereof and the Closing in the Ordinary Course of Business and as permitted by this Agreement; PROVIDED, HOWEVER, that the Contract Liabilities shall not include (i) any Liabilities under any Employee Benefit Plan, whether arising before or after the Closing Date, including, without limitation, employee or employer contributions to any employee benefit or pension plan and obligations and liabilities of the Seller for payroll, severance pay, accrued vacation, personal days, sick leave and other compensation, (ii) any other Liabilities or obligations to any Employees, former Employees or Contingent Workers with respect to or arising out of any actions taken or omissions to act on or before the Closing Date and (iii) any Liabilities of the Business or the Division arising under any intercompany payables or under any other Liability or obligation of the Business or the Division to the Seller or any of its affiliates.
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