LIABILITY OF TRANSFEREE Sample Clauses

LIABILITY OF TRANSFEREE. Except for any obligation expressly assumed or agreed to be assumed by Transferee hereunder, Transferee does not assume any obligation of Transferor or any liability for claims arising out of any occurrence prior to Closing.
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LIABILITY OF TRANSFEREE. In no event shall any transferee of any Owner be liable for any default of the transferring Owner under this Declaration which occurred prior to the effective date of the transfer; PROVIDED, HOWEVER, nothing contained in this Section shall affect the existence, priority, validity or enforceability of any lien placed upon the transferred Parcel or portion thereof pursuant to Section 3.9.
LIABILITY OF TRANSFEREE. Any transferee or subsequent transferee under Section 7.3 shall be liable to perform the obligations of Lessee under this Lease only for so long as such transferee holds title to the Leasehold Estate.
LIABILITY OF TRANSFEREE. In the event Landlord shall sell or otherwise convey its title to the Premises, after the effective date of such sale or conveyance Landlord shall have no further liability under this Lease to Tenant except as matters of liability which have accrued and are unsatisfied as of the date of sale or conveyance, and Tenant shall seek performance solely from Landlord's purchaser or successor in title.
LIABILITY OF TRANSFEREE. 19. If such transferee shall succeed to the interest of the lessor under the Lease Agreement, such transferee shall not (i) be liable for any act or omission of the Lessor; (ii) be subject to any offsets or defenses against the Lessor if such transferee cures the Lessor's defaults; (iii) be bound by payment of any rent or additional rent paid for more than one (1) month in advance (iv) be bound by any amendment or modification of the Lease Agreement made without its consent; (v) have any obligation with respect to any security deposit made to the Lessor, unless physically deposited with such transferee or (vi) be required under the terms of the Lease Agreement to complete the building contemplated by the Lease Agreement if such transferee succeeds to the interest of the Lessor in the Leased Premises prior to final completion of said building. Defaults by Lessor
LIABILITY OF TRANSFEREE. 31 8.2 Mutual Indemnification . . . . . . . . . . . . . . . . . . . . . 31 8.3
LIABILITY OF TRANSFEREE. In the case of the transfer of an Authorisation after the date of this Agreement and notwithstanding the provisions of Clause 41.2, the person to whom such Authorisation is transferred shall assume full responsibility and liability in accordance with this Agreement to each of the other Operators (except the Operator transferring the Authorisation) and to the Authority for any and all acts, omissions or defaults on the part of any previous holder of the Authorisation in respect of the intended or actual carrying on of any Subsidence Causing Operations pursuant to or by virtue of such Authorisation.
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LIABILITY OF TRANSFEREE. In the event that Lessor shall sell or otherwise transfer its title to the Premises, after the effective date of such sale or transfer, and upon assumption of Lessor’s obligations hereunder, whether expressly or by operation of law, Lessor shall have no further liability under this Lease to Lessee except as to matters of liability which have accrued before, and are unsatisfied as of, the date of sale or transfer, and Lessee shall thereafter seek performance solely from Lessor’s successor.

Related to LIABILITY OF TRANSFEREE

  • Liability of Custodian The Custodian shall be liable for the acts or omissions of a Foreign Sub-Custodian to the same extent as set forth with respect to sub-custodians generally in this Agreement and, regardless of whether assets are maintained in the custody of a Foreign Sub-Custodian or a Foreign Securities System, the Custodian shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, or any other loss where the Sub-Custodian has otherwise acted with reasonable care.

  • Liability of City CITY’S PAYMENT OBLIGATIONS UNDER THIS AGREEMENT SHALL BE LIMITED TO THE PAYMENT OF THE COMPENSATION PROVIDED FOR IN SECTION 3.3.1, “PAYMENT,” OF THIS AGREEMENT. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT, IN NO EVENT SHALL CITY BE LIABLE, REGARDLESS OF WHETHER ANY CLAIM IS BASED ON CONTRACT OR TORT, FOR ANY SPECIAL, CONSEQUENTIAL, INDIRECT OR INCIDENTAL DAMAGES, INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR THE SERVICES PERFORMED IN CONNECTION WITH THIS AGREEMENT.

  • Liability of Depositor (a) The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates).

  • Liability of General Partner The General Partner is not liable, responsible, or accountable in damages or otherwise to the Limited Partner or the Partnership for any act performed by the General Partner in good faith and within the scope of this Agreement. The General Partner is liable to the Limited Partner only for conduct that involves gross negligence, bad faith, or fraud.

  • Liability of Limited Partners Except as provided in the following sentence, notwithstanding the provisions hereof for the allocation of the Partnership’s net losses and for the distribution of cash to the Partners by the Partnership, the Limited Partners shall not be responsible or obligated to any third parties for any debts or liabilities of the Partnership in excess of such Limited Partner’s unrecovered contributions to the capital of the Partnership and such Limited Partner’s share of any undistributed profits of the Partnership.

  • Liability of the Depositor The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed by these Standard Terms and the related Supplement.

  • Liability of District 13.1 Other than as provided in this Agreement, District’s obligations under this Agreement shall be limited to the payment of the compensation provided in this Agreement. Notwithstanding any other provision of this Agreement, in no event shall District be liable, regardless of whether any claim is based on contract or tort, for any special, consequential, indirect or incidental damages, including, but not limited to, lost profits or revenue, arising out of or in connection with this Agreement for the services performed in connection with this Agreement.

  • Liability of Company The Indemnitee agrees that neither the stockholders nor the directors nor any officer, employee, representative or agent of the Company shall be personally liable for the satisfaction of the Company's obligations under this Agreement and the Indemnitee shall look solely to the assets of the Company for satisfaction of any claims hereunder.

  • Liability of the Company The Company shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Company herein.

  • Liability of Seller Seller shall be liable in accordance herewith only to the extent of the obligations in this Agreement specifically undertaken by Seller and the representations and warranties of Seller.

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