AOUT Indemnified Parties has the meaning set forth in Section 6.2.
Applicable Law means, with respect to any Person, any federal, state, local, or foreign law (statutory, common, or otherwise), constitution, treaty, convention, ordinance, code, rule, regulation, order, injunction, judgment, decree, ruling, directive, guidance, instruction, direction, permission, waiver, notice, condition, limitation, restriction or prohibition, or other similar requirement enacted, adopted, promulgated, imposed, issued, or applied by a Governmental Authority that is binding upon or applicable to such Person, its properties or assets, or its business or operations.
Breaching Party has the meaning set forth in Section 4.2.
Business Day means any day, other than Saturday, Sunday, or other day on which commercial banks in New York, New York are authorized or required by Applicable Law to close.
Confidential Information has the meaning set forth in Section 5.1(a).
Disclosing Party has the meaning set forth in Section 5.1(a).
Distribution has the meaning set forth in the recitals to this Agreement.
Employee Expenses has the meaning set forth in Section 3.1.
End Date has the meaning set forth in Section 2.1(e).
Firearm Business means the business, operations, products, services, and activities of SWBIs firearm business.
Force Majeure Events has the meaning set forth in Section 4.5.
Governmental Authority means any multinational, foreign, federal, state, local, or other governmental, statutory, or administrative authority, regulatory body, or commission or any court, tribunal, or judicial or arbitral authority which has any jurisdiction or control over either party (or any of their Affiliates).
Liabilities means any and all claims, debts, liabilities, damages, and/or obligations of any kind, character, or description, whether absolute or contingent, matured or not matured, liquidated or unliquidated, accrued or unaccrued, known or unknown, whenever arising, including all costs and expenses (including attorneys fees and expenses and associated investigation costs) relating thereto, and including those claims, debts, liabilities, damages, and/or obligations arising under this Agreement, any Applicable Law, any action or threatened action, any order or consent decree of any Governmental Authority, or any award of any arbitrator of any kind, and those arising under any agreement, commitment, or undertaking, including in connection with the enforcement of rights hereunder or thereunder
Non-Breaching Party has the meaning set forth in Section 4.2.
Out-of-Pocket Costs has the meaning set forth in Section 3.2(a).