L Brands Liabilities definition
L Brands Liabilities means (without duplication) all of the following (as determined by L Brands in its reasonable discretion):
Examples of L Brands Liabilities in a sentence
For the avoidance of doubt, (1) any Liabilities relating to any Actions that are L Brands Liabilities, including those listed on Schedule 1.01(e) to the Separation Agreement relating to LB Participants or LB Plans shall constitute L Brands Retained Employee Liabilities and (2) all L Brands Retained Employee Liabilities are L Brands Liabilities for purposes of the Separation Agreement.