Personal liability definition

Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

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Personal liability means personal liability for a debt,

Personal liability means personal liability for a debt, liability, or other obligation of an entity imposed, by operation of law or otherwise, on a person that co-owns or has an interest in the entity:

Examples of Personal liability in a sentence

• All rights granted to the Shareholders under this Declaration of Trust are granted subject to the reservation of the right to amend this Declaration of Trust as herein provided, except that no amendment shall repeal the limitations on Personal liability of any Shareholder or Trustee or repeal the prohibition of assessment upon the Shareholders without the express consent of each Shareholder or Trustee involved.

• However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture or that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in Personal liability.

• Personal liability may be obtained if the Loan Agreement was obtained by actual fraud.

• Cover includes: Unlimited medical expenses Cancellation and curtailment Repatriation Personal liability insurance Baggage delay Loss of or damage to personal belongings Loss of travel documents (passport) Excess is £100 for all claims.

• You agree to read and abide by any Event Insurance Advice where issued and you accept that Personal liability and Personal Accident Insurance is NOT included in the cost of the Event.

More Definitions of Personal liability

Personal liability means liability for a debt, obligation, or other liability of an

Personal liability means liability for a debt, obligation, or other liability of an organization that is imposed on a person that co‑owns, has an interest in, or is a member of the organization:

Personal liability means liability for a debt, obligation, or other liability of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization: (1) by the governing statute solely by reason of the

Personal liability means liability for a debt, obligation, or other

Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization: (a) By the organization's governing statute solely by reason of the person co-owning, having an interest in, or being a member of the organization; or (b) By the organization's organizational documents under a provision of the organization's governing statute authorizing those documents to make one or more specified persons liable for all or specified debts, liabilities, and other obligations of the organization solely by reason of the person or persons co-owning, having an interest in, or being a member of the organization.

Personal liability means individual financial

Personal liability means liability for a debt, obligation,