Other Assumed Liabilities definition

Other Assumed Liabilities means the contractual liabilities and obligations of Ceding Company arising (a) at or after the Effective Time under the Other Agreements or (b) prior to the Effective Time under the Other Agreements to the extent that such liabilities and obligations are included in Policy-Related Liabilities as of the Effective Time.
Other Assumed Liabilities means all liabilities and obligations of Sellers (a) required to be paid or performed by Purchaser from and after the Closing Date under the Assigned and Assumed Contracts and the Assignable Licensed Principally Used Software, in each case only if actually assigned to Purchaser and (b) in respect of insurance license fees for periods following the Closing Date, in each case as set forth on Schedule 1.01(e); provided that the Other Assumed Liabilities shall also include any obligation to pay any amounts due as of the Closing in respect of the period prior to the Closing if there has been an accrual for such obligation on the Final Statement of Net Settlement Liability; provided further that any liability attributable to a breach by any Seller under the terms of the Assigned and Assumed Contracts and the Assignable Licensed Principally Used Software shall not be an Other Assumed Liability.
Other Assumed Liabilities means the "Assumed Liabilities" as defined in the Subscription Agreement.

Examples of Other Assumed Liabilities in a sentence

  • The Accrued Depletion Allowances as set forth in the Closing Accrued Depletion Allowances Statement; and ( d ) Other Assumed Liabilities.

  • All Liabilities arising out of or relating to the ownership or operation of the Business or the Purchased Assets from and after the Closing; and ( g ) Other Assumed Liabilities.

  • The Accrued Depletion Allowances as set forth in the Closing Accrued Depletion Allowances Statement; and (d) Other Assumed Liabilities.


More Definitions of Other Assumed Liabilities

Other Assumed Liabilities means the "Assumed Liabilities" as defined in the Purchase and Sale Agreement.
Other Assumed Liabilities means (a) all liabilities, obligations and commitments of Seller, FGWLA and CLAC under the Assigned and Assumed Contracts and the Administered Contracts other than the Excluded Liabilities, (i) relating to periods prior to the Effective Date, up to the amounts specifically reflected on the Final Statement of Assets and Liabilities, or (ii) relating to periods after the Effective Date, (b) Seller, FGWLA and CLAC sales force incentive compensation accrued through the Effective Date up to the amount specifically reflected on the Final Statement of Assets and Liabilities, (c) amounts accrued through the Effective Date under the broker incentive compensation plans of Seller, FGWLA and CLAC up to the amounts specifically reflected on the Final Statement of Assets and Liabilities and (d) all other liabilities and obligations (other than Insurance Liabilities) reflected on the Final Statement of Assets and Liabilities up to the respective amounts specifically so reflected.
Other Assumed Liabilities is hereby added to Section 1.1 of the APA and shall read as follows:
Other Assumed Liabilities means any Claims (as defined in the Subsidiary Plan) that the Nevada Gaming Commission and the Nevada Gaming Control Board may have against one or more of the Subsidiary Debtors (as defined in the Subsidiary Plan).”
Other Assumed Liabilities means all liabilities and obligations arising after the Closing Date under the Assigned and Assumed Contracts, except for the Retrocession Agreements.
Other Assumed Liabilities means the liabilities, commitments and obligations of Seller identified as liabilities assumed by Buyer in Section 2.01(b)(v) of Seller’s Disclosure Letter.
Other Assumed Liabilities means (i) all trade debt of the Vendors; (ii) employee liabilities provided for in Article 3; (iii) obligations under Contracts, Personal Property Leases and Real Property Leases included in the Purchased Assets where any required consent to assignment has been obtained; (iv) the Assumed Indemnification Obligations (as defined in the Plan), but for greater certainty paragraphs (i) to (iii) shall not include the Unassumed Liabilities; and (v) any liabilities which any of the Applicants is required to pay pursuant to the Initial Order or is permitted to pay pursuant to paragraphs 12(a), (b), (c), (f) and (g) of the Initial Order which have not been paid by the Time of Closing;