Commitments and Contingencies definition

Commitments and Contingencies means the amount of funds necessary to satisfy all obligations and liabilities of the Corporation, including contingent obligations and liabilities, which are then outstanding or would arise if the Corporation was liquidated, as determined by the Board of Directors in its sole and absolute discretion.
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Examples of Commitments and Contingencies in a sentence

  • For further discussion see Note 9, Commitments and Contingencies.

  • Commitments and Contingencies (continued) The Company is subject to various laws and governmental regulations concerning environmental matters and continually monitors its operations with respect to potential environmental issues, including changes in environmental regulations and remediation technologies.

  • Commitments and Contingencies Leases The Company rents certain facilities and certain equipment under non-cancelable operating leases expiring at various dates through 2017.

  • Commitments and Contingencies (continued) In the normal course of its business, and as a result of the extensive government regulation of the solid waste industry, the Company periodically may become subject to various judicial and administrative proceedings and investigations involving federal, state, or local agencies.

  • Other Commitments and Contingencies CPL Nuclear Insurance In connection with the licensing and operation of STP, the owners have purchased nuclear property and liability insurance coverage as required by law, and have executed indemnification agreements with the NRC in accordance with the financial protection requirements of the ▇▇▇▇▇-▇▇▇▇▇▇▇▇ Act.

  • Commitments and Contingencies Leases VeriSign leases its facilities under operating leases that extend through 2011.

  • See Item 1 – Financial Statements: Note 10(h) and (i)– Commitments and Contingencies, in the Partnership’s Form 6-K for the quarter ended March 31, 2016.

  • For information regarding legal proceedings, see Note 11 - Commitments and Contingencies - Legal Matters to our accompanying consolidated financial statements included in this Annual Report on Form 10-K.

  • See “Note 5 — Commitments and Contingencies — Diagnostics Subpoena.” A qui tam action was filed in the United States District Court for the District of Delaware in January 1997 and was disclosed to the Company in September 1997.

  • See Item 1 - Financial Statements: Note 10(h) and (i) - Commitments and Contingencies, in the Partnership’s Form 6-K for the quarter ended March 31, 2016.

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