Common use of Payment Responsibility Clause in Contracts

Payment Responsibility. (a) Each Original Participating Manufacturer shall be severally liable for its share of all payments pursuant to this STATE Fee Payment Agreement. Under no circumstances shall any payment due hereunder or any portion thereof become the joint obligation of the Original Participating Manufacturers or the obligation of any person other than the Original Participating Manufacturer from which such payment is originally due, nor shall any Original Participating Manufacturer be required to pay a portion of any such payment greater than its Relative Market Share.

Appears in 6 contracts

Samples: Master Settlement Agreement (Philip Morris Companies Inc), Master Settlement Agreement (Loews Corp), Master Settlement Agreement (Loews Corp)

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Payment Responsibility. (a) Each Original Participating Manufacturer shall be severally liable for its share of all payments pursuant to this STATE Fee Payment Agreement. Under no circumstances circum- stances shall any payment due hereunder or any portion thereof become the joint obligation of the Original Participating Partici- pating Manufacturers or the obligation of any person other than the Original Participating Manufacturer from which such payment is originally due, nor shall any Original Participating Manufacturer be required to pay a portion of any such payment greater than its Relative Market Share.

Appears in 1 contract

Samples: Master Settlement Agreement

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