Examples of Disclosed Liabilities in a sentence
Schedule 2.7 Disclosed Liabilities Schedule 2.8 Certain Adverse Changes Schedule 2.9 Taxes Schedule 2.10 Title to Properties Schedule 2.11(i) Personal Properties Schedule 2.11(ii) Real Properties Schedule 2.14 Contracts, Etc.
The Purchase Price shall not be reduced by any liabilities disclosed in the 1996 Audited Financials and/or in the most recent financial statements of Seller as of the Closing Date (the "Disclosed Liabilities").
Purchaser is not assuming and shall not be required to pay the Disclosed Liabilities at any time and Seller shall remain solely liable for and shall discharge the Disclosed Liabilities and any other Excluded Liabilities on or before the Closing Date.
Buyer hereby covenants and agrees with Seller that, at all times on and after the Closing, Buyer will cause the Company to promptly pay (or will itself promptly pay) or perform when due any and all Disclosed Liabilities (as defined below).
Notwithstanding the foregoing, "Disclosed Liabilities" will not include (i) the Assumed Liabilities (ii) the Assumed Assets Liabilities or (iii) any other Liabilities for which Seller is obligated to indemnify Buyer under the provisions of Section 8 of this Agreement.