Vendor Liabilities definition
Vendor Liabilities has the meaning ascribed thereto in subsection 9.3(a).
Vendor Liabilities is defined in Section 2.3.
Vendor Liabilities means any and all liabilities, obligations, and commitments of the Vendor or with respect to the Purchased Assets, whether known, unknown, direct, indirect, absolute, contingent or otherwise or arising out of facts, circumstances or events, in existence on or prior to the Effective Time, including:
Examples of Vendor Liabilities in a sentence
If the Vendor and the Owner jointly cause such Vendor Liabilities, the Parties will share the liability in proportion to their respective degree of causal responsibility.
The parties acknowledge that the Assumed Vendor Liabilities shall not be deemed to be, or included in, the Assumed Contracts.
Further, as of the Closing Date, Seller represents and warrants that all of Seller’s obligations under the Assigned Contracts in which a Critical Vendor is the counter-party will be paid subject to the limit of the Seller’s obligations under the Seller-Responsible Vendor Liabilities amount.
More Definitions of Vendor Liabilities
Vendor Liabilities has the meaning specified in Section 4.1. “Vendors” means Jusu Body Inc., Jusu Bars Inc. and Jusu CBD Inc.
Vendor Liabilities has the meaning specified in Section 4.1. “Vendor” means NeonMind Biosciences Inc.