Liability for Performance Clause Samples
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Liability for Performance. 6.1. The Clearing Member shall be liable towards the Clearing House for the performance of all obligations in relation to Contracts Recorded on accounts held by the Clearing Member in accordance with the Clearing Rules. In relation to Contracts Recorded on accounts which the Clearing Member administers for Customers, the Clearing Member shall be liable towards the Clearing House for such obligations to the extent set forth in the Clearing Rules.
Liability for Performance. 5.1. Exchange Members shall be liable to ensure that delivery and payment take place to the General Clearing Member retained by the member in such a manner that the General Clearing Member is able to perform its obligations pursuant to the Clearing Rules. Exchange Members also otherwise undertake to assist actively in the secure and efficient settlement of Contracts which are Registered or Recorded on a Client Account on behalf of the Exchange Member.
Liability for Performance. Any review or approval by the Authority or Servicer of any Mortgage Loan or the credit or tax compliance information in connection therewith shall not relieve such Mortgage Lender of any responsibility or liability for the performance or nonperformance of its obligations under this Agreement.
Liability for Performance. To the extent that the Constitution and laws of the State of Washington permit, the CONTRACTOR shall indemnify and hold the DEPARTMENT harmless from and against any liability for any or all injuries to persons or property arising from the negligent act or omission of the CONTRACTOR arising out of this agreement, except for such damage, claim, or liability resulting from the negligent act or omission of the DEPARTMENT.
Liability for Performance. Notwithstanding any other provision of this Agreement, no examination or lack of examination and/or assurance given by the Purchaser in respect of any document submitted by the Manufacturer shall in any way relieve or absolve the Manufacturer from any obligation or liability under or in connection with this Agreement whether in relation to accuracy, safety, suitability, adequacy, performance, time or otherwise.
Liability for Performance. The Customer that received the assignment shall assume responsibility for scheduling. The original Customer shall remain liable for the performance of all other obligations under the Service Agreement including making payment to Bonneville, except as specifically agreed to by the parties through an amendment to the Service Agreement. ▇▇▇▇▇▇▇▇▇▇ will amend the Service Agreement only if the assignee:
(a) meets the creditworthiness criteria of section 19; and (b) agrees to compensate Bonneville for Direct Assignment Facilities, and allocated Network Upgrades and costs resulting from changes in service; and (c) provides security equivalent to that provided by the original Customer.