Residual Liability Sample Clauses

Residual Liability. The allocation of liabilities associated with the employees of CRR, CRC or any of their respective Affiliates hereunder is intended merely to assign primary responsibility for such liabilities among the parties. Nothing in the Agreement shall be interpreted or construed as a restriction or limitation of the duties and responsibilities of CRR, CRC, their respective Affiliates and CSX with respect to employee-related liabilities as set forth in the Merger Agreement and Attachment A to the CRR Disclosure Schedule delivered in connection with the Third Amendment.
AutoNDA by SimpleDocs
Residual Liability. 47 ARTICLE VII
Residual Liability. If, following the completion of the Decommissioning Plan, any installations or pipelines are left in position, or not wholly removed, the Parties shall make provision for any continuing maintenance, including insurance, that may be necessary, in accordance with the Licences, the Acts, any applicable laws and good oilfield practice.
Residual Liability. Except as set forth on Section 4.20(d) of the Seller Disclosure Schedule, neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has any actual or contingent liability in respect of Previously-owned Land and Buildings. Neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has given any guarantee or indemnity for any liability relating to any of the Real Properties, any Previously-owned Land and Buildings or any other land or buildings.
Residual Liability. 4.1 Neither the Company, nor any of its Subsidiaries, has any actual or contingent liability in respect of Previously-owned Land and Buildings
Residual Liability. 17.4.1. As far as the Company is aware, neither the Company, nor any company that is or has at any time been a subsidiary of the Company, has any known actual or known contingent liability in respect of Previously-owned Land and Buildings.
Residual Liability. No member of the Group has any actual or contingent liability in respect of previously-owned (under whatever tenure) property, including by way of guarantee or indemnity.
AutoNDA by SimpleDocs
Residual Liability. (1) No Group Company has any actual or contingent liability in respect of Previously-occupied Land and Buildings.
Residual Liability. If either Party terminates this Agreement for frustration of purpose, neither Party shall after such termination have any liability to the other or otherwise relating to this Agreement, the Property, the SPBL, or the Residual Property, that has not accrued prior to such termination.

Related to Residual Liability

  • Individual Liability The obligations of each Company/Trust, including those imposed hereby, are not personally binding upon, nor shall resort be had to the private property of, any of the Directors/Trustees, shareholders, officers, employees or agents of the Company/Trust individually, but are binding only upon the assets and property of the Company/Trust. Any and all personal liability, either at common law or in equity, or by statute or constitution, of every such Director/Trustee, shareholder, officer, employee or agent for any breach by the Company/Trust of any agreement, representation or warranty hereunder is hereby expressly waived as a condition of and in consideration for the execution of this Agreement by the Company/Trust.

  • Legal Liability For teachers having any legal proceeding brought against them for libel or slander in respect of any statements relating to the employment, suspension or dismissal of any person by the Board, published at a meeting of the Board or a committee thereof, or for assault in respect of disciplinary action taken in the course of duty, the Board shall pay the legal costs or any part thereof incurred by such teachers in successfully defending such legal proceeding as referred to above. If found guilty, the teacher shall bear said legal expenses.

  • Contractual Liability Liability for payments under the Plan shall be the responsibility of the:

  • Civil Liability 47.01 If any civil action is brought against any employee covered by this Agreement for an alleged tort committed by the employee in the performance of their assigned duties, (a “workplace claim”) then:

  • Umbrella Liability The Umbrella / Excess Liability must be at least as broad as the underlying general liability and automobile liability policies. Limits – Each Occurrence $1,000,000 General Aggregate $1,000,000

  • Excess/Umbrella Liability Excess/umbrella liability insurance may be included to meet minimum requirements. Umbrella coverage must indicate the existing underlying insurance coverage.

  • Total Liability Subject to section 9 and section 10, LogRhythm’s total cumulative liability in connection with this Agreement, the Products, Cloud Services and any related services, whether in contract or tort (including negligence) or otherwise, will not exceed a sum equal to 1.25 times the amount of fees (including Support Services Fees (if any)) paid or payable by Customer to Authorized Reseller during the twelve (12) month period preceding the events giving rise to such liability or five thousand British pounds (GBP£5,000), whichever is the higher.

  • General Liability and Property Damage With respect to all operations performed under this Agreement, the Party shall carry general liability insurance having all major divisions of coverage including, but not limited to: Premises - Operations

  • Products and Completed Operations Personal Injury Liability Contractual Liability The policy shall be on an occurrence form and limits shall not be less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal & Advertising Injury Automotive Liability: The Party shall carry automotive liability insurance covering all motor vehicles, including hired and non-owned coverage, used in connection with the Agreement. Limits of coverage shall not be less than $500,000 combined single limit. If performance of this Agreement involves construction, or the transport of persons or hazardous materials, limits of coverage shall not be less than $1,000,000 combined single limit.

  • Umbrella/Excess Liability The A/E may employ an umbrella/excess liability policy to achieve the above-required minimum coverage.

Time is Money Join Law Insider Premium to draft better contracts faster.