Future Liability. From and after the Effective Time, any and all benefits, liabilities associated with such imbalance accounts shall accrue to and be the responsibility of Buyer. Buyer shall assume Seller's overproduced or underproduced position in the Assets as of the Effective Time, including but not limited to Buyer's responsibility for payment of royalties on the volume of such gas which Seller took in excess of its entitlement and any obligation to balance whether in cash or in kind. Except as provided in Section 17.9(e), there shall be no adjustment to the Purchase Price as a result of the imbalance accounts attributable to the Assets.
Future Liability. The City/Town agrees that it shall perpetually defend the Manager/Administrator and hold him/her harmless and shall indemnify him/her against any pending or future litigation, claims, demand, or other legal action, whether groundless or otherwise, arising out of the Manager/Administrator’s performance of duties, responsibilities or obligations or inactions during the course of his/her performance of duties. Should the Manager/Administrator be named as an individual and the City/Town’s insurance carrier or risk management agency issues a reservation of rights or other document advising the City/Town it will neither defend nor indemnify such claim, the City/Town shall provide for the defense and pay for all said expense and indemnify such claim.
Future Liability. Local Entity shall be responsible for any and all claims, damages, lawsuits, costs, judgments, expenses or any other liabilities which arise as a result of the services performed by the Local Entity or its employees or agents which is in any way connected with, or based upon services rendered in performance of the Agreement or in the project using the Steel that is subject to this Agreement.
Future Liability. CUD shall incur no future liability or responsibility in any form or manner whatsoever of whatever kind and nature from and after the date of the termination of this Agreement on account of CUD’s performance or non-performance under the terms of this Agreement.
Future Liability. CSG shall have no liability for any obligations accruing under this Agreement after the closing of the sale of the Deadlock Sale except as expressly provided in this Section 3.6 or the documents executed under this Section 3.6. F45 shall have no liability to CSG for any obligations accruing under this Agreement after the closing of the Deadlock Sale.
Future Liability. From and after the Effective Time, any and all benefits, obligations and liabilities associated with such imbalance accounts shall accrue to and be the responsibility of Buyer. Buyer shall assume Xxxxxx's overproduced or underproduced position in the Assets as of the Effective Time, including but not limited to Buyer's responsibility for payment of royalties on the volume of such gas which Seller took in excess of its entitlement and any obligation to balance whether in cash or in kind.
Future Liability. Termination of this Agreement shall not release any ---------------- party hereto from any liability or obligation hereunder resulting from any acts, omissions or events happening prior to such termination or expiration, or thereafter in case by the terms of this Agreement it is provided that anything shall or may have to be done after termination or expiration hereof.
