Examples of Xxxxxx Liabilities in a sentence
Because PIN-based debit card transactions (processed via electronic fund transfer) generally don’t carry the same protection as signature-based debit card transactions (processed through the Visa/MasterCard network), you want to do everything possible to safeguardthat PIN.
The San Xxxxxx Project, the San Xxxxxx Assets, and the San Xxxxxx Liabilities are, and will be immediately after consummation of the Spin-Off and the other transactions contemplated by the Separation Agreement, owned and held exclusively by the RemainCo Entities.
Xxxxxx shall contribute, in exchange for its Membership Interest in the Company, the Contributed Xxxxxx Assets and Contributed Xxxxxx Liabilities as set forth in the Xxxxxx Contribution Agreement.
None of the Logix Parties shall be liable to any of the Xxxxxx Parties for any reason whatsoever on account of any Xxxxxx Liabilities.
Except as set forth in the Benefits Agreement or the Tax Sharing Agreement, effective as of and after the Distribution Date, (a) New Xxxxxx shall, or shall cause its subsidiaries to, assume, pay, perform, and discharge in due course all of the New Xxxxxx Liabilities and (b) Safety shall, or shall cause its subsidiaries to, pay, perform and discharge in due course all of the Safety Liabilities.