Discharge Liabilities Sample Clauses
The Discharge Liabilities clause defines the circumstances under which one or both parties are released from their obligations under the contract. Typically, this clause specifies events such as full performance, mutual agreement, or the occurrence of certain conditions that trigger the discharge. For example, if a party fulfills all its contractual duties or if both parties agree to terminate the contract, their respective liabilities are considered discharged. The core function of this clause is to provide clarity on when contractual responsibilities end, thereby preventing ongoing or unexpected obligations after the contract has been completed or terminated.
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Discharge Liabilities. The Seller shall pay and discharge liabilities of the Seller relating to the Purchased Business that are due and payable in accordance with the terms governing such liabilities, except those contested in good faith by the Seller;
Discharge Liabilities. The Vendor shall cause the Corporation to pay and discharge, and the Corporation shall pay and discharge, the liabilities of the Corporation in the ordinary course of business in accordance and consistent with the previous practice of the Corporation, except those contested in good faith by the Corporation;
Discharge Liabilities. The Vendors shall cause MFI to pay and discharge the liabilities of MFI in the ordinary course of the Business in accordance and consistent with the past practice of MFI, except those contested in good faith by MFI.
Discharge Liabilities. The Vendors shall cause Tribute Pharma and Tribute Pharmaceuticals to pay and discharge the liabilities of Tribute Pharma and Tribute Pharmaceuticals in the ordinary course of the Business in accordance and consistent with the past practice of Tribute Pharma and Tribute Pharmaceuticals, except those contested in good faith by Tribute Pharma or Tribute Pharmaceuticals.
Discharge Liabilities. The Seller shall pay and discharge the Liabilities of the Seller relating to the Purchased Business in the ordinary course in accordance and consistent with the previous practice of the Seller, except those contested in good faith by the Seller;
Discharge Liabilities. ▇▇▇▇▇▇▇▇ shall cause the Subsidiaries to pay and discharge, and the Subsidiaries shall pay and discharge, the liabilities of the Subsidiaries in the ordinary course in accordance and consistent with the previous practice of the Subsidiaries, except those contested in good faith by the Subsidiaries;
Discharge Liabilities. The Seller shall pay and discharge the liabilities of the Seller relating to the Seller’s business in the ordinary course in accordance and consistent with the past practice of the Seller, except those contested in good faith by the Seller.
Discharge Liabilities. Except as otherwise provided in this Agreement, the Subsidiaries shall pay and discharge their respective liabilities in the Ordinary Course of Business, except those contested in good faith;
Discharge Liabilities. Pay and discharge all current obligations as they mature and all taxes, assessments, and other governmental charges or levies before penalties attach, except such as are being appropriately contested in good faith and for which adequate reserves are being maintained.
Discharge Liabilities. The Vendors shall cause the Robeez Group to pay and discharge the liabilities of the Robeez Group in the ordinary course in accordance and consistent with the past practice of the Robeez Group, except those contested in good faith by the Robeez Group;