Liability or Liabilities definition

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 Seller Assets or the Business, including any liability for Taxes.

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 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.

• Integrium Indemnitees agree: (a) to promptly notify Sponsor of any such Liability or Liabilities; (b) to cooperate fully in the handling of such Liability or Liabilities and, in the event of litigation, to attend hearings and trials and assist in securing and giving evidence, and obtaining the attendance of necessary and proper witnesses, and (c) to Sponsor’s control of the defense and settlement, with Integrium’s consent which shall not be unreasonably withheld, of all Liability or Liabilities by Sponsor.

• Further, it is a condition of this Agreementthat the City assumes no liability for any Liability or Liabilities to either Persons or property on account of the same, except as expressly provided herein.

• Be alert for sections in other parties’ contracts headed: Hold Harmless; Indemnification; Limitations on Liability; or Liabilities.

• In the event that this Scheme of Transfer is not effective to extinguish a Liability or Liabilities of BIC under a Transferring Guaranteed Policy, the Transferee shall discharge on behalf of BIC or, failing that, indemnify BIC from and after the Effective Date against such Liability or Liabilities.

More Definitions of Liability or Liabilities

Liability or Liabilities means all liabilities, claims, damages (including lost profits), proceedings, demands, Orders, suits, costs, losses and expenses, including reasonable attorney’s fees and expenses, in each case, of every description, whether deriving from contract, common law, statute or otherwise, whether present or future, actual or contingent, direct or indirect, ascertained or unascertained or disputed and whether owed or incurred severally or jointly or as principal or surety;

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. 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 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.

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.