Limited liability definition

Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company.
Limited liability means limited by shares or limited by guarantee, according to the nature of the liability prescribed by the by-laws of the co- operative society;

Examples of Limited liability in a sentence

  • However, the IRS prefers that you use your SSN.If you are a single-member LLC that is disregarded as an entity separate from its owner (see Limited liability company (LLC) on page 2), enter the owner’s SSN (or EIN, if the owner has one).

  • Limited liability company and enter the appropriate tax classification.

  • However, the IRS prefers that you use your SSN.If you are a single-owner LLC that is disregarded as an entity separate from its owner (see Limited liability company (LLC) on page 2), enter your SSN (or EIN, if you have one).

  • Limited liability company shall be executed in the name of the firm by a member and accompanied by evidence of authority to sign.

  • Business name/disregarded entity name, if different from above Check appropriate box for federal tax classification: Individual/sole proprietor C Corporation S Corporation Partnership Trust/estate Limited liability company.


More Definitions of Limited liability

Limited liability means that the liability of each shareholder is limited to the amount, if any, unpaid by the shareholder on the shares of the company, provided that the memorandum and articles of association contains a declaration that the liability of the member is so limited. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. Except as otherwise disclosed in this prospectus, we currently intend to continue to comply with the NYSE rules in lieu of following home country practice. The NYSE rules require that every company listed on NYSE hold an annual general meeting of shareholders. In addition, our articles of association allow directors to call an extraordinary general meeting of shareholders pursuant to the procedures set forth in our articles.
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares in the company (except in exceptional circumstances, such as involving
Limited liability. You understand that Eddy Solutions makes no implied or expressed representations, assurances, promises or warranties of any kind regarding any aspect of the Equipment or the Services, including, but in no way limited to, their performance, delivery, efficacy, reliability, fitness or suitability for their intended use or for a particular purpose or to any benefits therefrom. You acknowledge and agree that, in order for Eddy Solutions to effectively monitor for unusual levels of water consumption (including from leaks), Eddy Solutions requires a reasonable period of time to learn your unique water consumption patterns and that, accordingly, for the first twenty-eight (28) days following installation and activation of the Equipment, you may not receive any alerts or other notifications. Eddy Solutions reserves the right, acting in its sole and absolute discretion, to cause the Equipment in your residence to shut off (or reduce) the water supply (or flow of water) to or in your residence if we believe there may be leaking water in your residence. Subject to the Contractual Savings and the Limited Water Damage Protection Provision of this Agreement, you acknowledge and agree that Eddy Solutions will not be liable to you or any third party for, and you hereby agree to indemnify us against, any loss, damage or injury of any type or kind whatsoever arising out of or related to this Agreement, the Equipment or the Services including but in no way limited to any failure, act or omission, of any kind whatsoever, by Eddy Solutions, its employees or agents, and that Eddy Solutions liability and responsibility, if any, shall be limited, at the most, to the full or partial re- imbursement of the Monthly Service Charges in respect of the period that our obligations under this Agreement were not met. For greater certainty, but without limiting the foregoing, Eddy Solutions shall have no liability under this Agreement whatsoever for any loss or damage incurred by you as a result of causes beyond our reasonable control (including weather, delays in transportation, labour disputes, unavailability of equipment or materials, and power or network outages).
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. We currently intend to continue complying with the NASDAQ Stock Market Rules in lieu of following home country practice. The NASDAQ Stock Market Rules require that every company listed on the NASDAQ hold an annual general meeting of shareholders. In addition, our Memorandum and Articles of Association allow directors to call special general meetings of shareholders pursuant to the procedures set forth in our Memorandum and Articles of Association.
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil). We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. Except as otherwise disclosed in this annual report, we currently intend to comply with the NASDAQ rules in lieu of following home country practice.
Limited liability. The following sets forth IBM's entire liability and Customer's exclusive remedy: