MARITAL DEBTS Sample Clauses

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MARITAL DEBTS. On attached Schedule 2: “
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MARITAL DEBTS. The Wife shall be responsible for the following debts: (DESCRIPTION OF DEBT AND AMOUNT) (DESCRIPTION OF DEBT AND AMOUNT) (DESCRIPTION OF DEBT AND AMOUNT) The Husband shall be responsible for the following debts: (DESCRIPTION OF DEBT AND AMOUNT) (DESCRIPTION OF DEBT AND AMOUNT) (DESCRIPTION OF DEBT AND AMOUNT)
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MARITAL DEBTS. For purposes of this Agreement, “Marital Debts” shall mean liabilities not under the definition of either Bride’s Separate Property or Groom’s Separate Property, and which are owed by the parties as a joint obligation.
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MARITAL DEBTS. Until the debt is satisfied, ▇▇▇▇ shall continue to make timely payments (of at least the minimum amount due) on the Visa credit card that is in ▇▇▇▇'s name, with an approximate balance of $5,000, and shall indemnify, defend and hold ▇▇▇▇ harmless for same. Except for the Visa credit card, which is ▇▇▇▇'s sole responsibility, each party shall be solely responsible for, and shall indemnify, defend, and hold the other party harmless from the payment of all debts in his or her individual name.
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MARITAL DEBTS. Both parties agree that they have not at the time of this agreement and will not in the future incur any debts or make any contracts for which the other shall be liable and each further covenants to save the other, or their estate, free, harmless and indemnified of and from all such debts and liabilities.
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Related to MARITAL DEBTS

  • MARITAL HOME At the time of writing this Agreement, the Couple: (check one)

  • Debts Each party agrees to be separately liable for his or her debts incurred prior to the marriage. During the course of the marriage, both parties shall be responsible for any expenses incurred for the basic necessities of life, such as food, basic clothing needs, shelter, and medical care. With respect to credit card accounts, each party shall retain separate credit card accounts for his or her respective use, if desired.

  • Solvency, Payment of Debts Borrower is able to pay its debts (including trade debts) as they mature; the fair saleable value of Borrower’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Borrower is not left with unreasonably small capital after the transactions contemplated by this Agreement.

  • Inability to Pay Debts The Borrower or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;

  • Payment of Debts Contractor must pay all amounts shown as due to the City on the City’s accounts, even if a dispute exists as to the debt’s validity or enforceability.