Examples of Shared Liability in a sentence
The failure to give notice under this paragraph (c) shall not relieve any Party of its Liability for any Shared Liability except to the extent the Party is actually prejudiced by the failure to give such notice.
If NewCo or IAC receives notice or otherwise learns of the assertion by any person or entity (including a Governmental Authority) of a Shared Liability, that Party shall give the other Parties written notice of such Shared Liability, providing notice of such Shared Liability in reasonable detail.
As a result, PBS overpaid the contractor for services and held the contractor responsible for expenses that PBS was responsible for paying.PBS Region 7 Inconsistently Applied the Shared Liability Clause PBS Region 7 inconsistently applied the shared liability clause for reimbursable repairs and replacements.
The Parties shall be deemed to be on notice of any Shared Liability pending prior to the Contribution Effective Time.
For purposes of clarification of the foregoing, the Parties agree that no Liability relating to, arising out of or resulting from any obligation of any Person to perform the executory portion of any Contract existing as of the Distribution Date shall be deemed to be a Specified Shared Liability.