Known Liabilities definition

Known Liabilities means all present and future Environmental obligations and/or liabilities in connection with (a) the closure, decommissioning and/or residuals management of the Licensed Site (or any part of it); and/or (b) the rehabilitation, remediation, restoration, on-going emissions control, monitoring and/or aftercare of the Licensed Site (or any part of it) following closure.
Known Liabilities means Liabilities or Damages which are Indemnification Obligations that are now or hereafter included as Scheduled Liabilities or are the subject of a Liabilities Claim.
Known Liabilities means all Damages incurred related to any of the items listed in this Section 8.3(c) and shall be considered Damages without regard to whether or not such Damages are disclosed on the Disclosure Schedule and without regard to whether or not amounts have been accrued for such Damages in the Financials:

Examples of Known Liabilities in a sentence

  • This report will focus on the Known Liabilities of the site i.e. the planned and or anticipated liabilities associated with facility closure, decommissioning and aftercare management such as monitoring and or reporting required for these.

  • The Lessee shall not assume liabilities that are not Known Liabilities or Contingent Liabilities (“Excluded Liabilities”).

  • Known Liabilities in excess of Ten Thousand 00/100ths Dollars ($10,000.00) are described on Schedule 3.9 (a), attached hereto and incorporated herein.

  • BioMarin has put in place a Bond to underwrite the Known Liabilities in relation to the decommissioning costs in the event of a facility closure.

  • Warranties, provisions Known Liabilities Include:-A/P, amounts owed to suppliers for goods purchased on account-Short Term Notes Payable, notes payables due within one year, to borrow cash or purchase assets, on its notes payable, a company accrues interest at the end of the period-Sales tax payable, federal government and most provincial levy taxes sale of good and services, sellers collect these taxes from customers creating sales tax payable to the government.


More Definitions of Known Liabilities

Known Liabilities means all Damages incurred related to any compensation expenses (including payments made to employees in connection with covenants not to compete) made to the Transferred Employees as contemplated under this Agreement to the extent greater than the lesser of: (i) the compensation paid to such Transferred Employees while employed with the Seller Party in the twelve (12) months preceding the Closing; or (ii) the compensation payable to similarly situated employees of CMED and its Affiliates, up to the period of 5 years from the Closing Date. The foregoing shall be considered Damages without regard to whether or not such Damages are disclosed on the Disclosure Schedule.
Known Liabilities means any liability or obligation relating to all or a portion of the Purchased Assets or the Business and arising prior to the Closing, whether liquidated or unliquidated, and whether or not the same should be required by generally accepted accounting principles to be reflected as liabilities in financial statements or disclosed in notes thereto, but excluding any liability or obligation relating to environmental matters, which is either (i) actually known by a member of supervisory management of the Seller or any of its Affiliates, or (ii) reported to any Governmental Authority, health care organization or provider, or emergency medical professional or service.
Known Liabilities has the meaning set forth in Schedule 4.2.
Known Liabilities means all Liabilities related to or arising out of the items disclosed (a) in Section 4.6 (Litigation), Section 4.7 (Compliance with Laws; Governmental Orders), Section 4.8(b) and Section 4.8(d) (Intellectual Property), Section 4.11(c) (Labor Matters), Section 4.14(a) (Environmental Matters) and Section 4.16(c) (Customers and Suppliers) of the Sellers Disclosure Schedule or (b) the certificate delivered pursuant to Section 6.18. Labor Agreement. “Labor Agreement” shall have the meaning set forth in Section 4.11(a). Law. “Law” means any international, national, federal, state, provincial or local law, statute, ordinance, regulation, rule, code, protocols, policies, binding guidelines, requirement or rule of law (including common law or similar requirement or rule) enacted, adopted, applied, promulgated or issued by any Governmental Authority or any Governmental Order, each as amended and now and hereafter in effect.
Known Liabilities means all obligations and liabilities of Sellers of which Sellers have Knowledge (without application of clause (b) of the definition of Knowledge, such that Sellers are deemed to have Knowledge of a particular obligation or liability only if the applicable Seller individuals listed in the definition of Knowledge are actually aware of such obligation or liability as of the date hereof), excluding (a) the Assumed Liabilities, and (b) Excluded Liabilities described in clauses (ii) through (ix), inclusive, of the definition of Excluded Liabilities. For purposes of determining the Known Liabilities, only Sellers shall be deemed to have “Knowledge”.
Known Liabilities means all present and future Environmental obligations and/or liabilities in connection with (a) the closure, decommissioning and/or residuals management of the Licensed Site (or any part of it); and/or (b) the rehabilitation, remediation, restoration, on-going emissions control, monitoring and/or aftercare of the Licensed Site (or any part of it) following closure.]
Known Liabilities means any actual or alleged liability or obligation of the GenCorp Group or the OMNOVA Group which is Known to any member of the GenCorp Group or the OMNOVA Group (including, without limitation any matter as to which any member has received a notice claiming or alleging such liability or obligation or has paid any amounts or entered into or became subject to any settlements, agreements, decrees, orders, judgments, or other obligations), but the term "Known Liability" excludes any liability or obligation which: (i) is provided for on the OMNOVA Balance Sheet, (ii) results or arises from the condition of any facility listed on Schedule 1.01(c) (including, without limitation, Environmental Liabilities resulting from any such condition), (iii) results or arises from the business or operations of the