Liabilities and Assets Clause Samples

Liabilities and Assets. (a) As of the RHI Reorganization Effective Time, except (i) as disclosed, set forth or reflected or reserved against on the Financial Statements, (ii) for liabilities permitted by or incurred pursuant to this Agreement, or (iii) for liabilities that are not material to the Acquired RHI Group, the Acquired RHI Group is not subject to any liabilities or obligations. (b) As of the RHI Reorganization Effective Time, except as disclosed, set forth or reflected or reserved against on the Financial Statements, the Acquired RHI Group does not own any assets other than such assets set forth on (i) Schedule II or (ii) Section 5.6(b) of the Disclosure Schedule.

Liabilities and Assets. Except as set forth on Attachment A to ---------------------- ------------ this Agreement, MTT does not have any liabilities. The assets of MTT are set forth on Attachment B to this Agreement. -------------

Liabilities and Assets. Arvana shall not, as of Closing, have any debt, liability, or obligation of any nature, whether accrued, absolute, contingent not otherwise included in its Form 10-K for the period ended December 31, 2021, or subsequent quarterly reports.

Liabilities and Assets. The parties have divided the personal property in a temporary order entered on August 14, 2007. All tangible personal property in the possession of ▇▇. ▇▇▇▇▇ is his sole and separate property and all tangible personal property in the possession of ▇▇. ▇▇▇▇▇ is her sole and separate property. The parties have relied upon the information they have supplied each other in the division of assets. On January 1, 2008, at noon, ▇▇. ▇▇▇▇▇ will remove from the marital home the following items: Grandfather clock left to him by his mother, Stainless steel pots received as a wedding gift, and Bedroom set, including double bed, bureau, armoire and two night stands which were in the master bedroom at the time of separation. The amount of ▇▇. ▇▇▇▇▇’ pension through the Gizmo Corporation which accrued during the marriage, from the date of the wedding up to this day, will be divided equally between the parties. Counsel for ▇▇. ▇▇▇▇▇ will draft a Qualified Domestic Relations Order to effectuate this division, which will not be unreasonably delayed. ▇▇. ▇▇▇▇▇ will be responsible for the MasterCard ▇▇▇▇ and ▇▇▇. ▇▇▇▇▇ will be responsible for the Visa bill. The parties agree that they will not hereafter make any purchases or contracts or incur any expenses in the name or upon the credit of the other. Each will indemnify and save each other harmless from any and all liability, loss or expense, including reasonable attorney’s fees arising from such purchase or contract made by him or her after the date this judgment is entered. The parties warrant and represent that they will not hereafter use the other’s name for the purposes of having credit extended to him or her. Both parties will bear the costs of their own attorneys for this action. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇

Liabilities and Assets. All assets of DC shall remain the property of DC. All liabilities of DC shall remain the obligations of DC as a wholly owned subsidiary of AUSA.

Liabilities and Assets. 4.1 Subject to clause 4.2, the Buyer shall, assume responsibility for the due and punctual payment, satisfaction and discharge of the obligations of the Sellers arising from the date of Completion under or in respect of:- 4.1.1 the TWM Contracts (but only insofar as copies of such contracts or written details of their terms have been provided by the Sellers to the Buyer prior to the date hereof);