Identified Liabilities definition

Identified Liabilities has the meaning given in Clause 9.12;

Identified Liabilities means, collectively, (i) the state ---------------------- sales and use taxes identified on Schedule 3.19, item I (the "Sales Tax ------------- Matter"), (ii) the matters identified on Schedule 3.23(b), and (iii) and the ---------------- Contract Risk.

Identified Liabilities has the meaning set forth in Section 1.4(a) hereof.

Examples of Identified Liabilities in a sentence

• Past service renderedby such a Government servant is taken into account for reckoning of the minimum period for grant of annual increment in the new post/ service/ cadre in Government under the provisions of FR 26 read with Rule 10 of CCS (RP) Rules, 2016.

• The Identified Liabilities shall have been paid in full, either by the Company or the Shareholders at or prior to Closing or from the Purchase Price otherwise payable to the Shareholders at the Closing.

• X acknowledged at the hearing in this matter that he made the choice to refuse to comply with FINRA’s requests for information.9 X further acknowledged at the hearing that he realized at the time of FINRA’s investigation that his purposeful and explicit disregard of FINRA’s rules could lead to a bar, particularly because his failure to respond could impede the progress of FINRA’s ongoing investigation of the questionable Firm 5 reports.

• The reasonable expenses necessary to settle the Third Party Claims and Identified Liabilities which are incurred after the Effective Time shall include the reasonable expenses of the Stockholder's Representative and his or her accountant and legal counsel in resolving such claims, which such expenses shall initially be paid by the Surviving Corporation and then reimbursed to the Surviving Corporation by the Escrow Agent from the Escrow Stock.

• Apart from the Identified Liabilities to be assumed by RSB or its nominee company pursuant to the proposed acquisition of the commercial rights of Simunjan (the details of which are set out in Section 2.2 above) and corporate guarantees which may be required to be given by RSB in relation to the existing bank borrowings of the Acquirees after the Proposed Acquisitions, the Company will not assume any other liabilities, including contingent liabilities and guarantees arising from the Proposed Acquisitions.

More Definitions of Identified Liabilities

Identified Liabilities means, if any: any line of credit balance, all accrued but unpaid dividends on the Company Stock; contractual payments of the Company to Xxxxx Xxxx upon the consummation of the transactions contemplated by this Agreement and the Related Documents; all amounts owed by the Company under any Plans through the Closing Date, including amounts owed to any Person under the Unicircuit, Inc. 2004 Stock Incentive Plan, the related stock purchase agreements and any other related documents; and any stub or “short year” income Tax liabilities of the Company through the Closing Date. Intellectual Property shall mean all intellectual property and all rights therein, whether common law, statutory or otherwise, domestic and foreign, and all registrations and registration applications for any such rights, including, but not limited to:

Identified Liabilities means those Liabilities set forth in SECTION 1.1(c) of Purchasers' Disclosure Schedule.

Identified Liabilities means all liabilities or obligations of the Company (whether or not accrued or reflected on the Interim Balance Sheet or arising between the Interim Balance Sheet Date and the Closing Date) arising out of or relating to (i) legal, accounting, investment banking, brokerage, or similar fees or expenses incurred by the Shareholders or the Company in connection with, resulting from, or attributable to, the transactions contemplated by this Agreement, (ii) any amounts due or owed to current or former shareholders of the Company, (iii) any amounts due or owed under the Company's working capital term loan with Wilmington Trust Company, or any successor lender, and (iv) vehicles owned or leased by the Company for the personal use of any of its executives, all as set forth on Schedule 5.1.9(b).

Identified Liabilities means all liabilities or obligations of the Company (whether or not accrued or reflected on the Balance Sheet or arising between the Balance Sheet Date and the Closing Date) arising out of or relating to (i) Taxes (as defined in Section 4.01(x)(xv)), including without limitation, sales taxes, (ii) legal, accounting, investment banking, brokerage, or similar fees or expenses incurred by the Shareholders or the Company in connection with, resulting from, or attributable to, the transactions contemplated by this Agreement, (iii) any amounts due or owed to current or former shareholders of the Company, (iv) any tort, breach of contract, or violation or requirement of any law including any environmental or occupational safety and health laws, (v) any employee benefit plan, pension plan, or unemployment compensation or unemployment insurance arrangements and (vi) claims by or on behalf of any employee involving any violation of any law, termination of employment or any similar matter.

Identified Liabilities means an amount equal to, if any (i) 100% of federal income taxes due or payable by the Acquired Company or the Management Company with respect to tax periods ending prior to and including the Closing Date, plus (ii) 33.3% of any South Dakota sales tax due from HHSD with respect to tax periods ending prior to and including the Closing Date which was not paid when due.

Identified Liabilities means all liabilities other than amounts payable to Parties Related to MKAviation.

Identified Liabilities means any and all liabilities or Damages (including, without limitation, defense costs in connection with any third-party claim) that any Issuer Indemnified Person may suffer, sustain, incur or become subject to arising out of or due to (i) the pending or threatened litigation involving, among others, BioClin, Inc. and Dr. Xxxxxxx X. Xxxx and/or any recovery by Dr. Xxxx, xxrsuant to any statutory dissenter's rights to which Dr. Xxxx xxx be entitled with respect to the common stock of BioClin, Inc. that he owns, of any amounts that exceed the market value on the Closing Date of the Acquiror Shares issuable to Dr. Xxxx xxxsuant to the Merger Agreement (collectively, the "Barr Xxxbility"); (ii) the pending litigation between BioClin, Inc. and Virginia Commonwealth University, but only to the extent the aggregate amount of such liability or Damages (including for this purpose the amount of such liability previously satisfied by BioClin through the payment of amounts due to employees and contractors ($201,127.52 in the aggregate), cash payments ($45,000.00 in the aggregate), the transfer of non-cash assets to VCU ($107,000 in aggregate value), all payments received by VCU with respect to analytical contracts assigned to VCU and the value of services provided by BioClin, Inc. which are applied to reduce such liability) exceed $1,080,000 (the "VCU Liability"); and (iii) the pending litigation filed in Texas titled Lindx Xxxx Xxxxx x. BioClin, Inc. and Jack Xxxxxx, xxt only to the extent such liability or Damages exceed $25,000 (the "Barbut Liability").