Liabilities to Affiliates Sample Clauses
The "Liabilities to Affiliates" clause defines how obligations or debts owed to entities related to a party, such as parent companies, subsidiaries, or sister companies, are treated under the agreement. Typically, this clause clarifies whether such liabilities are included or excluded from the scope of the contract, and may specify the conditions under which payments or claims involving affiliates are recognized. Its core function is to prevent ambiguity or disputes regarding financial responsibilities between the contracting parties and their respective affiliated entities, ensuring that all parties understand the extent of their obligations.
Liabilities to Affiliates. Liabilities to present or former Affiliates of Seller.
3.1 (h)
Liabilities to Affiliates. Liabilities of Company to its present or former Affiliates, except obligations for compensation for services rendered as an employee of the Business pursuant to plans or practices disclosed in the Disclosure Schedule.
Liabilities to Affiliates. Liabilities of Company to its present or former Affiliates.
Liabilities to Affiliates. Liabilities and obligations of the Seller to its Affiliates.
Liabilities to Affiliates. Liabilities to present or former Affiliates, except obligations for compensation for services rendered as an employee pursuant to plans or practices discussed in SECTION 4.15.
Liabilities to Affiliates. The Acquiring Companies are not assuming nor shall they be responsible for any Liabilities of the Sellers to its present or former Affiliates.
Liabilities to Affiliates. The Purchaser is not assuming nor shall they be responsible for any Liabilities of the Sellers to its present or former Affiliates.
Liabilities to Affiliates. Liabilities and obligations of Seller to its present or former Affiliates except for obligations of Seller to its current employees. For purposes of this Agreement, the term "Affiliate" shall mean and include:
Liabilities to Affiliates. Except pursuant to the Company Sublease, Liabilities of Company to its present or former Affiliates.
Liabilities to Affiliates. Any Liability to the Companies’ respective current or former Affiliates.