SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).
Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.
Transferred Liabilities has the meaning set forth in Section 2.02(a).
Assumed Liabilities has the meaning set forth in Section 2.3.
Excluded Liabilities has the meaning set forth in Section 2.4.
Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.
Retained Liabilities has the meaning set forth in Section 2.4.
Assumed Obligations has the meaning specified in Section 2.2.
SpinCo Assets shall have the meaning set forth in Section 2.2(a).
BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.
Newco has the meaning set forth in the first paragraph of this Agreement.
Pre-Closing Environmental Liabilities means all environmental conditions at or arising from operations at the Owned Real Property at any time prior to the Closing Date, irrespective of the date of its discovery, including arising as a result of the presence or any Release of any Hazardous Substance on, at, under or migrating onto or from the Owned Real Property, including any environmental conditions on, at, under or migrating onto or from the Owned Real Property in Schedule 1.1(3).
SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”
MergerSub has the meaning set forth in the preamble hereto.
Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.
DPWH means the Department of Public Works and Highways of the Government of the Philippines.
MergerCo shall have the meaning set forth in the introductory paragraph to this Agreement.
SpinCo Contracts means the following contracts and agreements to which either Party or any member of its Group is a party or by which it or any member of its Group or any of their respective Assets is bound, whether or not in writing:
Parent Liabilities shall have the meaning set forth in Section 2.3(b).
Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.
Merger Sub 1 has the meaning set forth in the Preamble.
Tax Liabilities means all liabilities for Taxes.
Merger Sub I has the meaning set forth in the Preamble.
Covered Liabilities as defined in Subsection 11.23.
Assumed Environmental Liabilities has the meaning specified in Section 7.4.
Merger Subsidiary has the meaning set forth in the preamble to this Agreement.