Excepted Liabilities means (i) any liabilities or obligations of Services I, Services II, Services, LP or the Company Subsidiaries that arise out of any of the following liabilities or obligations incurred by Services I, Services II, Services, LP or the Company Subsidiaries, as the case may be: (1) any liability or obligation of Services I, Services II, Services, LP or the Company Subsidiaries, that is allocable to the right of Services I, Services II, Services, LP or the Company Subsidiaries, as the case may be, to receive property, services or other benefits on or after the Closing Date under a contract or agreement entered into on or after the Closing Date, and (2) any liability or obligation of Services I, Services II, Services, LP or the Company Subsidiaries to make any expenditure or to perform any obligation that is due after (but not before) the Closing under any Contract disclosed on Schedule 9.2 of the Seller Disclosure Schedule, any Contracts not disclosed on Schedule 9.2 of the Seller Disclosure Schedule but having annualized revenues or liabilities that are equal to or less than $25,000 individually, or any Contract otherwise reflected in the Company Financial Statements or to make any expenditure to perform any obligation that is due after (but not before) the Closing pursuant to any order, rule or regulation of any Governmental Authority by which Services I, Services II, Services, LP or the Company Subsidiaries, or any of their assets, is bound, as listed in the Seller Disclosure Schedule, (ii) those liabilities or obligations which arise after the Closing and that are disclosed on any Section of the Seller Disclosure Schedule and expressly designated on such Section of the Seller Disclosure Schedule, by agreement of the parties, as Excepted Liabilities, and (iii) the liabilities of the Company reflected on the June 30, 2002 Balance Sheet (but excluding any liability for Pre-Closing APs), the liabilities of the Company for vacation accruals for employees who accept Qualifying Offers, and the liabilities of the Company with respect to the Keystone, South Dakota industrial revenue bond.
Excepted Liabilities means any cost, expense or other liability incurred by any Covenantee in acting or omitting to act in a manner in which the trustee is not entitled to the protection of the exclusion of liability provisions contained in the Trust Deed.
Excepted Liabilities means any loss to any of the Covenantees, the Trust Fund or the income of the Trust Fund arising by reason of any act or omission of any Covenantee that amounts to
Examples of Excepted Liabilities in a sentence
CEC Liabilities: ULC shall assume and pay as they become due: (a) All liabilities [other than Excepted Liabilities as hereinafter defined), of CEC disclosed on its financial attached hereto as Exhibit A that remain unpaid on the Closing Date, including specifically the unpaid balance of a promissory note owed to the Amalgamated Trust and Savings Bank of Chicago secured by a first mortgage on the real property of CEC.
More Definitions of Excepted Liabilities
Excepted Liabilities shall have the meaning given to such term in Section 8.2(e).
Excepted Liabilities has the meaning specified in Section 11.
Excepted Liabilities means: REDACTED;
Excepted Liabilities has the meaning set forth in Section 2.6.3.4(b).
Excepted Liabilities shall have the meaning ascribed to it in Section 5.1(c) hereof.
Excepted Liabilities means any (i) liabilities or obligations of Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC that arise out of any of the following liabilities or obligations incurred by Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, as the case may be, prior to the Closing Date: (1) any liability or obligation of Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, that is allocable to the right of Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, as the case may be, to receive property, services or other benefits on or after the Closing Date, (2) any liability or obligation of Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC to repay the $756,200 owed to third parties as reflected on the December 31, 2002 Balance Sheet as well as any indebtedness incurred as permitted by Section 6.1, and (3) any liability or obligation of Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, to make any expenditure under any Contract, settlement agreement or consent order, including, without limitation, those disclosed in the Environmental Whitepaper, to which Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, is a party, pursuant to any order, rule or regulation of any Governmental Authority by which Dykeer, Cambridge, Kingsvale, Waccabuc, Wild Oaks, or ECRWC, or any of their assets, is bound, as listed in the Seller Disclosure Schedule, or if not required to be listed in the Seller Disclosure Schedule, entered into in compliance with Section 6.1, and (ii) with respect to the Integrated Assets, any liabilities or obligations of Operations or Utility that arise out of any of the following liabilities or obligations incurred by the Seller prior to the Closing Date: (1) any liability or obligation that is allocable to the right of the owner of the Integrated Assets to receive property, services or other benefits with respect to the Integrated Assets, as well as any indebtedness incurred as permitted by Section 6.1, and (2) any liability or obligation to make any expenditure in respect of any Integrated Asset under any Contract, settlement agreement or consent order relating to the Integrated Assets, pursuant to any order, rule, or regulation of any Governmental Authority relating to or by which any of the Integrated Assets is bound, as listed in the Seller Disclosure Schedule, or if not required to be listed in the Seller Disclosure Schedule, entered into in compliance with Section 6.1.
Excepted Liabilities has the meaning given to it in Clause 8.1.2;