Liabilities and Obligations definition

Liabilities and Obligations means any indebtedness, claim, obligation or liability of any kind or nature whatsoever, whether absolute or contingent, liquidated or unliquidated, due or to become due, accrued or not accrued, or otherwise of Seller.
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Liabilities and Obligations means any indebtedness, claim, obligation or liability of any kind or nature whatsoever, whether absolute or contingent, liquidated or unliquidated, due or to become due, accrued or not accrued, or otherwise.
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Liabilities and Obligations means any direct or indirect indebtedness, claim, obligation, liability, deficiency or guaranty of any kind or nature whatsoever, whether absolute or contingent, liquidated or unliquidated, due or to become due, accrued or not accrued, matured or unmatured, or otherwise of Seller.
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Examples of Liabilities and Obligations in a sentence

  • Bank shall not be bound to take any steps necessary to preserve any rights in any property pledged as collateral to Bank to secure Borrower and/or Guarantor's Liabilities and Obligations as against prior parties who may be liable in connection therewith, and Borrower and Guarantor hereby agree to take any such steps.

  • The undertakings of the Undersigned hereunder are independent of the Liabilities and Obligations of Debtor, and a separate action or actions for payment, damages, or performance may be brought or prosecuted against the undersigned whether or not an action is brought against the Debtor or to realize upon the security for the Liabilities and Obligations, and whether or not Debtor is joined in any such action or actions, and whether or not notice is given or demand is made upon Debtor.

  • The undertakings of Guarantor hereunder are independent of the Liabilities and Obligations of Borrower and a separate action or actions for payment, damages or performance may be brought or prosecuted against Guarantor, whether or not an action is brought against Borrower or to realize upon the security for the Liabilities and/or Obligations, whether or not Borrower is joined in any such action or actions, and whether or not notice is given or demand is made upon Borrower.

  • The Liabilities and Obligations shall be conclusively presumed to have been created in reliance on this Guaranty.

  • In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Liabilities and Obligations shall be reinstated and deemed reduced only by such amount paid or performed and not so rescinded, reduced, restored or returned.


More Definitions of Liabilities and Obligations

Liabilities and Obligations means the following: (i) the due and prompt payment by Borrower of: (x) the principal of and interest at the rate specified in the Loan Agreement on the Loans, when and as due, whether at scheduled maturity, date set for prepayment, by acceleration or otherwise, and (y) all other monetary obligations of Borrower to Lender under the Loan Documents, when and as due, including fees, costs, expenses (including, without limitation, reasonable out-of-pocket fees and expenses of counsel incurred by ▇▇▇▇▇▇ in enforcing any rights under this Guaranty or any other Loan Document), contract causes of action and indemnities, whether primary, secondary, direct or indirect, absolute or contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding); and (ii) the due and prompt performance of all covenants, agreements, obligations and liabilities of Borrower and Guarantor under or in respect of the Loan Documents. E. “Note” shall mean that certain ▇▇▇▇▇▇▇ and Restated Promissory Note dated as of the date of this Guaranty by and between Borrower and Lender in the original principal amount of $5,500,000.00, as amended, restated, supplemented or otherwise modified from time to time.
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Liabilities and Obligations means all known or unknown losses, liabilities and obligations, including any and all claims for Damages.
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Liabilities and Obligations means outstanding claims, outstanding liabilities and obligations under life insurance contracts that are not included in the reserves.
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Liabilities and Obligations means any indebtedness, claim, --------------------------- obligation or liability of any kind of Seller.
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Liabilities and Obligations means all liabilities and obligations (and all claims arising from them) whatsoever, whenever and howsoever arising in connection with the performance or non-performance of a Transferred Contract or Retained Contract, as applicable, including all indemnification obligations pursuant to a Transferred Contract or Retained Contract, as applicable (in each case whether known or unknown, performed or unperformed, discharged or undischarged, actual, accrued, future, contingent, or prospective, and whether arising in contract, tort or otherwise).
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Liabilities and Obligations also include but are not limited to, any liability for property damage, death or personal injury suffered after the Closing Date.
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Liabilities and Obligations means all wholly or partly undischarged or wholly or partly unperformed liabilities and obligations (and all claims arising from them) whenever, whatsoever and howsoever arising in connection with the performance or non-performance of the services under, or otherwise pursuant to the Contract (in each case whether known or unknown, actual, accrued, future, contingent, prospective, wholly or partly performed or otherwise arising, whether in contract, delict or otherwise) which immediately before the Effective Date attached to Customer or which after the Effective Date would have attached to Customer in the absence of this Agreement;
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