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
At and after the Effective Time, Reinsurer will have the responsibility for performing or paying all Other Assumed Liabilities.
The computations of basic and diluted EPS for 2017, 2016 and 2015 are as follows: The stock-based compensation awards excluded from the calculation of diluted EPS for 2017, 2016 and 2015 are as follows: (1) SARs are excluded from the calculation of diluted EPS if the exercise price is greater than the average market price of Aetna common shares during the period (i.e., the awards are anti-dilutive).
Reinsurer will not accept any liabilities of Ceding Company under this Agreement other than the Policy Liabilities and the Other Assumed Liabilities.
Policy Liabilities and Other Assumed Liabilities may be paid from the trust provided that such payments do not reduce trust assets below 110% of the required Reserves, which will be measured at the end of each calendar quarter.
The Trust Agreement will provide Ceding Company with security for the payment of all Policy Liabilities and 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 those Tecumseh responsibilities, obligations, and liabilities, whether existing or contingent, known or unknown, with respect to Third Party claims first brought against Tecumseh during the term of this Agreement for Bodily Injury or Property Damage arising from or relating to Pollutants on, in, under, or migrating from the Site, or arising from or relating to Remediation at the Site or the transportation and disposal of materials from the Site; provided, however, that Other Assumed Liabilities shall not include responsibilities, obligations, and liabilities resulting from:
(i) Tecumseh Diecast Division manufacturing facility operations after the Effective Date (but shall include responsibilities, obligations, and liabilities related to the continuing presence or passive migration of Pollutants that existed before the Effective Date), to the extent of any Losses beyond those for which PRS would otherwise be responsible under this Agreement, or (ii) the offsite transportation and disposal of materials from the Site that occurred before the Effective Date.
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;
Other Assumed Liabilities has the meaning set forth in Section 1.3(b)(vi).