Examples of Contributed Liabilities in a sentence
At the Closing, MSJS will be an entity duly organized and validly existing under the laws of Japan and will have all requisite corporate power and authority to own and operate, as applicable, the MSJS Contributed Assets, the MSJS Contributed Liabilities, and the MSJS Contributed Business (other than the IBD Contributed Assets, the IBD Contributed Liabilities and the IBD Contributed Business) as currently conducted or as proposed to be conducted from and after the Closing.
At the Closing, MUMSS will be an entity duly organized and validly existing under the laws of Japan and will have all requisite corporate power and authority to own and operate, as applicable, the MUS Contributed Assets, the MUS Contributed Liabilities, the MUS Contributed Business, the IBD Contributed Assets, the IBD Contributed Liabilities and the IBD Contributed Business as currently conducted or as proposed to be conducted from and after the Closing.
All liabilities of HII with respect to the New Spinco Employees under the Nonqualified Plans shall be Contributed Liabilities and not Retained Liabilities and all rights of HII with respect to New Spinco Employees under the Nonqualified Plans and all insurance policies, contracts and agreements and all contracts, arrangements and agreements with other providers and service organizations pursuant to the Nonqualified Plans shall be Contributed Assets and not Retained Assets.
Member hereby assigns to the Company and the Company hereby assumes and agrees to pay, discharge, or fulfill all of the Contributed Liabilities.
Notwithstanding any other provision in this Agreement to the contrary, Contribution LLC shall not assume and shall not be responsible to pay, perform or discharge any liabilities of Plum Creek or any of its Affiliates of any kind or nature whatsoever other than the Assumed Contributed Liabilities (collectively, the “Excluded Liabilities”).