Sentence examples for discharge of liabilities from inspiring English sources

And at the end of bankruptcy, there is a discharge of liabilities, so that claimants cannot seek more than they are allotted under the reorganization plan, Mr. Onsager said.

The supplier hereby declares that the receipt of monies by the said agent shall be a good and valid discharge of GNM's payment liabilities.

Northern Rock's new managers could have been told to think about their job more as that of a bankruptcy administrator the task being to discharge its liabilities over a reasonable space of time.

And we added up our liabilities and there were a lot of liabilities".

"There are all kinds of liabilities.

A massive discharge of waste matter.

"It is a dishonorable discharge of debts".

The primal discharge of a pathogen.

Look for a discharge of pus.

Under the settlement, which did not include any admission of liability, the department agreed to send the discharged students a letter informing them of their rights, and to take back students discharged from the school since Jan .1, 2000, whether they chose to attend Lane or another school.

See articleUnited Airlines'parent company posted a net profit of $23 billion for the first quarter as it discharged liabilities from exiting bankruptcy, without which it lost $306m.Toyota reported a record net profit of ¥1.37 trillion $12.1 billionn) for the year ending March 31st.