Liability or Liabilities definition

Liability or Liabilities means any and all debts, liabilities, covenants, promises, contracts, agreements and/or obligations of whatever kind, nature, description or basis, whether fixed, contingent or otherwise, whether presently known or unknown, developed or undeveloped, discovered or undiscovered, foreseen or unforeseen, matured or unmatured, or accrued or not accrued.
Liability or Liabilities means direct or indirect indebtedness, liability, claim, loss, damage, deficiency, obligation or responsibility, known or unknown, asserted or unasserted, fixed or unfixed, liquidated or unliquidated, secured or unsecured, accrued, absolute, contingent or otherwise which affects or could affect the ARC Assets or the Business, including any liability for Taxes.
Liability or Liabilities means liabilities, obligations and commitments, whether accrued or fixed, absolute or contingent, known or unknown, determined or determinable, due or to become due, or otherwise.

Examples of Liability or Liabilities in a sentence

  • Liability or Liabilities shall also mean any damage or loss to any real or personal property of, or any injury to or death of, any Person or the County or any Participating Municipality.

  • For purposes of this Agreement, "Liability" or "Liabilities," includes any judgment, fine, ERISA excise tax or penalty or any amount paid, with the Company's written consent, in settlement of a Proceeding.

  • As used in this Agreement, the term "Liability" or "Liabilities" includes any material direct or indirect liability, indebtedness, obligation, guarantee or endorsement (other than endorsements of notes, bills, and checks presented to banks for collection or deposit in the ordinary course of business), whether known or unknown, accrued, absolute, contingent or otherwise.

  • Except as otherwise specified in any Ancillary Agreement, BEI and Technologies shall use commercially reasonable efforts to have, on or prior to the Effective Time, or as soon as reasonably practicable thereafter, BEI and any of its Subsidiaries removed as guarantor of or obligor for any Technologies Liability or Liabilities.

  • If Borrower is a partnership, corporation or other entity the term "Liability" or "Liabilities" as used herein shall include all Liabilities to Bank of any successor entity or entities.


More Definitions of Liability or Liabilities

Liability or Liabilities means any debt, liability or obligation (whether direct or indirect, known or unknown, absolute or contingent, accrued or unaccrued, liquidated or unliquidated, or due or to become due), and including all fines, penalties, interest, costs and expenses relating thereto.
Liability or Liabilities has the meaning given in the Separation Agreement;
Liability or Liabilities means all debts, liabilities and obligations whether absolute or contingent, matured or unmatured, liquidated or unliquidated, accrued or unaccrued, known or unknown, whenever arising, and whether or not the same would properly be reflected on a balance sheet. “Liabilities” shall not include any liabilities for or in respect of Taxes, which, except as expressly set forth herein, shall be governed solely by the Tax Sharing Agreement, or any liabilities for or in respect of any benefit plans, programs, agreements, and arrangements, which shall be governed exclusively by the Employee Benefits Agreement.
Liability or Liabilities means any liability or obligation of a person whether it is present, future, prospective or contingent, whether or not it is fixed or undetermined, whether or not it involves the payment of money or performance of an act or obligation and whether it arises at common law, in equity or by statute, in England and Wales or in any other jurisdiction, or in any other manner whatsoever, but such expression does not include any liability which is barred by statute or is otherwise unenforceable under English law or arises under a contract which is void or, being voidable, has been duly avoided;
Liability or Liabilities. Any commitments, debts, liabilities, obligations (including contract and capitalization lease obligations), indebtedness, accounts payable and accrued expenses of any nature whatsoever (whether any of the foregoing are known or unknown, secured or unsecured, asserted or unasserted, absolute or contingent, direct or indirect, accrued or unaccrued, liquidated or unliquidated and/or due or to become due), including any liability or obligation for Taxes.
Liability or Liabilities means, with respect to any Person, any liability, obligation or commitment of such Person of any kind, character or description, whether known or unknown, absolute or contingent, accrued or unaccrued, liquidated or unliquidated, secured or unsecured, joint or several, due or to become due, vested or unvested, executory, determined, determinable or otherwise and whether or not the same is required to be accrued on the financial statements of such Person.
Liability or Liabilities means and include any direct or indirect liability, debt, payment, deficiency, Tax, penalty, assessment, fine, claim, cause of action or other loss, damage, fee, cost, expense or obligation of any nature (including guarantees and other forms of credit support), whether fixed or unfixed, known or unknown, asserted or unasserted, liquidated or unliquidated, absolute or contingent, matured or unmatured, accrued or unaccrued, due or become due or determined or determinable and whether in contract, tort, strict liability or otherwise.