Liability

Liability. Means any liability, loss, claim, action, cause of action, settlement, or other cost or expense.

Liability. Means any liability or obligation (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether liquidated or unliquidated, whether incurred or consequential and whether due or to become due), which existed or accrued prior to Closing, including any liability for any taxes. "Liability" specifically includes the judgment obtained by the United States Securities and Exchange Commission (the "SEC"} against the Company amounting to $3,628,325.00, plus interest... accrued thereon (the "SEC Judgment"). View More

Liability. Means, with respect to any Person, any and all liabilities, obligations, claims, and deficiencies of any kind (whether known or unknown, contingent, accrued, due or to become due, secured or unsecured, matured or otherwise), including accounts payable, all liabilities, obligations, claims, and deficiencies related to indebtedness or guarantees, costs, expenses, royalties payable, and other reserves, termination payment obligations, and all other liabilities, obligations, claims, and... deficiencies of such Person or any of its subsidiaries or Affiliates, in each case, regardless of whether or not such liabilities, obligations, claims, and deficiencies are required to be reflected on a balance sheet in accordance with United States generally accepted accounting principles consistently applied. View More

Liability. Means any and all debts, liabilities and obligations, whether known or unknown, asserted or unasserted, determinable or otherwise, accrued or fixed, absolute or contingent, liquidated or unliquidated, incurred or consequential, or matured or unmatured, including, without limitation, those arising under any Law, Litigation, or Order.

Liability. All liabilities, indebtedness, and obligations of Borrower to Bank under that certain Promissory Note dated May 26, 1998, made by Borrower to the order of Bank in the principal face amount of Fifty Million Dollars ($50,000,000) (hereinafter referred to as the "Note"), and under that certain Amended and Restated Credit Agreement, dated as of May 26, 1998, (the "Credit Agreement") as amended by the First Amendment to Amended and Restated Credit Agreement dated as of November 11, 1998, the Second... Amendment to Amended and Restated Credit Agreement and Waiver dated as of March 31, 1999 the Third Amendment to the Amended and Restated Credit Agreement and Waiver dated March 29, 2000 the Fourth Amendment to the Amended and Restated Credit Agreement and Waiver dated June 6, 2000 the Fifth Amendment to the Amended and Restated Credit Agreement and Waiver dated August 14, 2000 and by that certain Forbearance Agreement dated March 30, 2001, as amended by that certain First Amendment to Forbearance Agreement dated March 31, 2001 and that certain Second Amendment to Forbearance Agreement dated October 16, 2001 and all sums payable under or by virtue thereof, including without limitation, all amounts of principal and interest, all expenses (including reasonable attorney's fees and cost of collection) incurred in the collection thereof or the enforcement of rights thereunder. If Borrower is a partnership, corporation or other entity the term "Liability" or "Liabilities" as used herein shall include all Liabilities to Bank of any successor entity or entities. View More

Liability. Means any liability or obligation, whether known or unknown, asserted or unasserted, absolute or contingent, accrued or unaccrued, liquidated or unliquidated and whether due or to become due, regardless of when asserted by or against the Company Group, as of the end of the business day on the Share Purchase Closing Date and the Merger Closing Date, as applicable.

Liability. Means the obligation incurred with respect to any Proceeding to pay a judgment, penalty, fine (including an excise tax assessed with respect to an employee benefit plan), reasonable expenses (including Expenses), or, subject to Section 6.4(b) hereof, settlement.

Liability. Means any liability, damage, loss, cost, claim or expense of any kind or nature, whether direct, indirect, special, consequential or otherwise.

Liability. Means any direct or indirect indebtedness, guaranty, endorsement, claim, loss, Damage, deficiency, cost, expense, obligation or responsibility, fixed or unfixed, known or unknown, asserted or unasserted, liquidated or unliquidated, secured or unsecured.

Liability. Or "Liabilities" or "liability" or "liabilities" means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for taxes.