No Liability definition

No Liability means with respect to a Securities Claim made against the Insured(s): (1) a final judgment of no liability obtained prior to trial, in favor of all Insureds, by reason of a motion to dismiss or a motion for summary judgment, after the exhaustion of all appeals; or (2) a final judgment of no liability obtained after trial, in favor of all Insureds, after exhaustion of all appeals. In no event shall the term "No Liability" apply to a Securities Claim made against an Insured for which a settlement has occurred.

No Liability. If members of the Architectural Committee have acted in good faith, neither the Committee nor any member will be liable to the Association or to any Owner for any damage, loss or prejudice suffered or claimed due to: (a) the approval or disapproval of any plans, drawings and specifications, whether or not defective; (b) the construction or performance of any work, whether or not pursuant to approved plans, drawings, and specifications; (c) the development of any property within the Project; or (d) the execution and filing of any estoppel certificate, whether or not the facts therein are correct.

No Liability means that with respect to an Insured who is the subject of a Disciplinary Proceeding, there is a:

Examples of No Liability in a sentence

• No Liability of the Depositor with Respect to the Underlying Securities; Certificateholders to Proceed Directly Against the Underlying Securities Issuer(s)......................................

• No Liability of the Trustee with Respect to the Underlying Securities; Certificateholders to Proceed Directly Against the Underlying Securities Issuer(s).................................................

• CAPITAL 2 4.1 Initial Capital Contribution of Member 2 4.2 No Liability of Member 2 4.3 No Interest on Capital Contributions 2 5.

• No Liability for Consequential Damages.Under no circumstances will any party be liable for special, incidental, consequential or punitive damages, including but not limited to loss of profits or income VI.

• No Liability For The Selection or Services of Third Parties and/or Routes.

More Definitions of No Liability

No Liability. The Mortgage Manager shall have no liability for the acts or omissions of any Approved Solicitor or Approved Valuer, provided that:

No Liability. You will have no liability for unauthorized use of your Card, Convenience Checks, or other Access Devices for transactions if the following conditions are met: (1) you have used reasonable care in protecting your card from loss or theft; and (2) you have promptly reported to your financial institution when you knew that your Mastercard was lost or stolen.

No Liability. A Force Majeure Event will not give rise to any cause of action or liability based on default of the provision that the party has failed to comply with or observe due to the Force Majeure Event.

No Liability means all defendant Insureds obtain by reason of a motion to dismiss, motion for summary judgment or trial a final non-appealable judgment in their favor.

No Liability means a final judgment of no liability obtained: (1) prior to trial, in favor of each and every Insured named in the Claim, by reason of a motion to dismiss or a motion for summary judgment, after the exhaustion of all appeals; or (2) after trial and after the exhaustion of all appeals, in favor of each and every Insured named in the Claim. In no event shall the term “No Liability” apply to a Claim made against an Insured for which a settlement has occurred.

No Liability means a final judgment of no liability obtained in favor of an Insured Person after the exhaustion of all appeals. NON-INDEMNIFIABLE LOSS

No Liability. Provided that the Security Trustee acts in good faith, it will not incur any liability to any Secured Creditor for giving effect to paragraph (a) or (b). -------------------------------------------------------------------------------- 16. Indemnity by Trustee