Existing Liabilities definition

Existing Liabilities means the Existing Financial Indebtedness set out in (Existing Liabilities) clause of this Agreement.

Existing Liabilities means the "Liabilities" under and as defined in the Existing Credit Agreement.

Existing Liabilities means bona fide liabilities of the Company, recorded on the Company’s books and records in accordance with U.S. Generally Accepted Accounting Principles.

Examples of Existing Liabilities in a sentence

• The Existing Liabilities Scheme (ELS) is centrally funded by the Department of Health and covers clinical claims against NHS bodies where the incident took place before April 1995.

• The Existing Liabilities Scheme covers clinical negligence claims made against the NHS in England where the incident in question took place before April 1995.

• Existing Liabilities Scheme (“ELS”) This covers all NHS bodies’ liabilities for claims for incidents that occurred before April 1995, where the estimated cost were above £10,000.

• This was followed by a series of preliminary research and investigations from mid 2011-2012; culminating in a national project planning workshop in May 12-13, 2012 and the subsequent design of the EnLiFT-Nepal Project.

• Buyer owns the Buyer Assets free and clear of any Liens, other than any Existing Liabilities.

More Definitions of Existing Liabilities

Existing Liabilities. Existing Liabilities" means the Company's liabilities or obligations reflected or reserved against in the Closing Balance Sheet.

Existing Liabilities after making the withdrawals specified in clauses (i) through (viii) above, on any Repayment Date, withdraw and transfer directly to such payees as Borrower specifies amounts that are necessary to pay Pre-Existing Liabilities; and 65

Existing Liabilities as used herein shall mean and include all debts, obligations and liabilities of the CORPORATION existing or accrued at time transfer hereunder, including but not limited to: Accounts payable, Expenses payable, Notes payable, Taxes accrued to date, Accrued wages, Rents, Loan due any party, and Obligations of every nature and description, whether secured or unsecured, disputed or undisputed, known or unknown, liquidated or unliquidated, presently due or due at a future time, contingent or non-contingent and notwithstanding whether the Corporation’s liability is primary or secondary. Exempted from liability are contingent claims, known or unknown, of which there is adequate insurance coverage, and further exempted are all interest charges, service fees, penalties, or other like assessments for late payment accrued from date of transfer. The BUYER shall prepare a schedule of liabilities as above defined, and annex same at time of transfer as Exhibit A.

Existing Liabilities has the meaning set forth in Section 8.8.

Existing Liabilities means (i) the “Obligations” as defined in the Existing Term Loan Credit Agreement, (ii) the “Secured Obligations”, as defined in the security documents executed and delivered in connection with the Existing Term Loan Credit Agreement, and (iii) the “Guaranteed Obligations”, as defined in the Existing Facility Guaranty.

Existing Liabilities means all liabilities (including, without limitation, Indebtedness) as determined by GAAP of the Company and its Subsidiaries as of March 26, 2023, all of which such liabilities are listed on Schedule D hereto.

Existing Liabilities means all of the Liabilities of the Loan Parties at the time the Loan Parties filed for bankruptcy.