Examples of Special Liabilities in a sentence
Special Liability Expenses are defined as any and all expenses incurred by SMLP with respect to the Special Liabilities, as defined in the Contribution Agreement, including fines, legal fees, consulting fees and remediation costs.
In the absence of investment instructions from the Agent, the Special Liabilities Escrow Fund shall be invested in United States treasury bills maturing not more than 90 days after purchase.
If any Covered Special Liabilities arise after the Closing Statement Date, such amounts shall be addressed solely by indemnification as provided in Section 8.2(a)(ii).
Escrow Agent shall retain the Special Liabilities Escrow Fund subject to the terms and conditions of this Agreement, and is empowered and directed, upon receipt of written instructions signed by Xxxx X.
No funds will be disbursed from the Special Liabilities Escrow account to Shareholders except as provided in paragraph 19(c).