Liability Issue definition

Liability Issue has the meaning prescribed in Section 5.1(c).
Liability Issue has the meaning set forth in Section 6.01(b) of this Agreement.
Liability Issue has the meaning prescribed in Section 3.03(b).

Examples of Liability Issue in a sentence

  • An authorised person is a person who has been authorised to carry on the relevant activity (see s.

  • Torchmark and WRFI shall promptly furnish each other copies of any inquiries, audits or other proceedings, requests for information, notices, proposed adjustments, proposed deficiencies and reports from any Taxing Authority or any other administrative, judicial or other governmental authority concerning or that could concern a Liability Issue of the other.

  • Torchmark and WRFI shall use reasonable efforts to keep each other advised as to the status of Tax audits and other proceedings involving any issue which relates to any Tax of the other or its Subsidiaries or could give rise to a Tax liability or a Tax Refund of the other or its Subsidiaries under this Agreement (a "Liability Issue").

  • O’Keefe, ‘Transboundary Pollution and the Strict Liability Issue: The Work of the International Law Commission on the Topic of International Liability for Injurious Consequences Arising Out of Acts not Prohibited by International Law’, 18 Denv.

  • Unfunded Liability - Address the Plan's Unfunded Liability Issue by providing a one-time contribution of forty-four cents (44¢) per hour on November 1, 1994, and an additional one-time contribution of forty-four cents (44¢) per hour on July 1, 1995.

  • See “No Solution to Liability Issue Yet, But Pu Program Schedule is Still Valid; But One-year Delay Expected If There Is No Resolution by July,” Nuclear Weapons & Materials Monitor, April 12, 2004, page 1Given the obstacles now before the MOX program it is time to rethink this strategy and if the simpler, cheaper, more proliferation-resistant path of immobilizing plutonium in existing high-level nuclear waste is by far not the wisest approach to this daunting problem.

  • Understanding AED Laws, Regulations and Liability Issue (chapter contribution).

  • The Plan's Unfunded Liability Issue will be addressed by providing a one-time contribution of forty-four cents (44¢) per hour on October 1, 1994 and an additional one-time contribution of forty-four cents (44¢) per hour on July 1, 1995.

  • Seller agrees to timely notify Purchaser regarding any proposed written communication (i.e., communications not relating to inquiries or requests for information) by Seller to any such Taxing Authority with respect to a Tax Liability Issue to the extent that the issue would impact a post-closing period of Purchaser or the Acquired Subsidiaries.

  • Without limiting the foregoing, each Subsidiary will promptly furnish to the Director of Taxes upon receipt a copy of the revenue agent's report or similar report, notice of proposed adjustment, or notice of deficiency received by it relating to any Liability Issue or any adjustment referred to in Section 4.1(c) hereof.


More Definitions of Liability Issue

Liability Issue shall have the meaning set forth in Section 4.2.
Liability Issue shall have the meaning set forth in Section 4.2. 1.16 "Liberty" shall have the meaning set forth on page 1 of this Agreement. 1.17 "Liberty/WRFI Spinoff" shall have the meaning set forth on page 1 of this Agreement. 1.18 "Nuevo Expense" shall have the meaning set forth on page 1 of this Agreement. 1.19 "Nuevo Expense Distribution" shall have the meaning set forth on page 1 of this Agreement. 1.20 "Offering" shall have the meaning set forth on page 1 of this Agreement. 1.21 "Offering Date" shall mean the last day on which, due to the issuance of shares of WRFI stock in the Offering, WRFI could be considered a member of the Torchmark Group. 1.22 "Payor" shall have the meaning set forth in Section 2.5. 1.23 "Payee" shall have the meaning set forth in Section 2.5. 1.24 "Period After Offering" shall mean any taxable year or other taxable period beginning after the Offering Date and, in the case of any taxable year or other taxable period that begins before and ends after the Offering Date, that part of the taxable year or other taxable period that begins after the close of the Offering Date. 1.25 "Period Before Offering" shall mean any taxable year or other taxable period that ends on or before the Offering Date and, in the case of any taxable year or other
Liability Issue has the meaning set forth in Section 9.5(g)(ii).
Liability Issue. Xxxx Xxx and HBI shall promptly furnish each other copies of any inquiries or requests for information from any Taxing Authority or any other administrative, judicial, or other governmental authority concerning any Liability Issue pertaining to the other party. Without limiting the foregoing, Xxxx Xxx and HBI, as the case may be, shall each promptly furnish to the other within 30 days of receipt a copy of the relevant section of the revenue agent’s report or similar report, notice of proposed adjustment, or notice of deficiency received by Xxxx Xxx or its Affiliate or by HBI or its Affiliate, as the case may be, relating to any Liability Issue or any adjustment referred to in this Section 5.2(c).

Related to Liability Issue

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Automobile Related Injury means bodily Injury sustained by a [Member] as a result of an accident:

  • Property damage means physical injury to, de- struction of, or loss of use of tangible property.

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Liability means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes.

  • Bodily harm means physical pain or injury, illness, or any impairment of physical condition.

  • Loss in excess of policy limits shall be defined as Loss in excess of the Policy limit, having been incurred because of, but not limited to, failure by the Company to settle within the Policy limit or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Accidental Injury means an Injury sustained as a result of an external force or forces that is/are sudden, direct and unforeseen and is/are exact as to time and place. A hernia of any kind will only be considered as an Illness.

  • Catastrophic illness or injury means one of the following:

  • Uninsured motor vehicle" means a land motor vehicle or trailer of any type:

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insured Casualty has the meaning set forth in Section 5.1(x)(iv)(B).

  • Property Insurance is defined in Section 6.10(a).

  • Public liability means any legal liability arising out of or resulting from a nuclear in- cident or precautionary evacuation (includ- ing all reasonable additional costs incurred by a State, or a political subdivision of a State, in the course of responding to a nu- clear incident or precautionary evacuation), except (1) claims under State or Federal Workmen’s Compensation Acts of employees of persons indemnified who are employed (a) at the location or, if the nuclear incident oc- curs in the course of transportation of the radioactive material, on the transporting ve- hicle, and (b) in connection with the licens- ee’s possession, use or transfer of the radio- active material; (2) claims arising out of an act of war; and (3) claims for loss of, or dam- age to, or loss of use of (a) property which is located at the location and used in connec- tion with the licensee’s possession, use, or transfer of the radioactive material, and (b) if the nuclear incident occurs in the course of transportation of the radioactive mate- rial, the transporting vehicle, containers used in such transportation, and the radio- active material.

  • Substantial bodily injury means "bodily injury which involves (A) a temporary but substantial disfigurement; or (B) a temporary but substantial loss or impairment of the function of any bodily member, organ, or mental faculty." See 18 U.S.C. § 113(b)(1).