Sole Corporate Liability definition

Sole Corporate Liability the Company shall be solely and fully liable for all charges and other liabilities incurred by the Cardholder or otherwise in the Card Account. The Card is to be used for official business only and shall not be used for personal or such other non-business expenses.
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Examples of Sole Corporate Liability in a sentence

  • Notwithstanding anything to the contrary, if the Liability Option selected is Sole Corporate Liability, the Company will pay or procure payment to the Bank of all such amounts as obligor to the Bank even if for any reason (including under any consumer protection legislation) the relevant Cardholder is not bound by a Cardmember’s Agreement or any term in the Cardmember’s Agreement is or may be unenforceable.

  • For Citi Corporate Cards (Sole Corporate Liability), a monthly late payment charge or such other charges as determined by the Bank and notified to the Company from time to time, will be imposed on the Company if the Bank does not receive full payment of the amount set out in the Master Billing Statement by the payment due date indicated therein.

  • For the avoidance of doubt, references in the foregoing to the “Master Billing Statement” shall apply where the Liability Option selected is Sole Corporate Liability and references in the foregoing to the “Cardholder’s billing statement” shall apply where the Liability Option selected is Joint and Several Liability.

  • CITI COMMERCIAL CARD CASH REBATE* PROGRAM TERMS AND CONDITIONS * This set of terms and conditions is only applicable to companies signed up on Citi Corporate Card (Sole Corporate Liability), Citi Purchasing Card, Citi Travel Account and companies signed up on Citi Corporate Card (Joint & Several Liability) who have opted in for the Citi Commercial Card Cash Rebate Program at point of application.

  • Moreover, as the well-known Kodak case demonstrates, it is not enough for a company to be at the forefront in terms of purely technical innovation if the company culture and business models are not innovated as well [31].

  • No minimum payment is permitted for Citi Corporate Card (Sole Corporate Liability), Citi Purchasing Card and Citi Travel Account, payment must be made in full.

  • ADDENDUM B CITI COMMERCIAL CARD CASH REBATE* PROGRAM TERMS AND CONDITIONS *This set of terms and conditions is only applicable to companies signed up on Citi Corporate Card (Sole Corporate Liability), Citi Purchasing Card, Citi Travel Account and companies signed up on Citi Corporate Card (Joint & Several Liability) who have opted in for the Citi Commercial Card Cash Rebate Program at point of application.

  • The IT ServicesT +39 06 85 22 52 11-52 79Help DeskT +39 06 85 22 52 11supportoit@luiss.it The Computer centre is a support structure for research and teaching activities of Computer Sciences in the four departments.

  • The Commission will endeavour to provide papers for each of these meetings to attendees at least two working days in advance of the meeting.

  • In the event of any inconsistency between the Terms and Conditions and the prevailing UOB Corporate Cardmember Agreement (Sole Corporate Liability / Joint & Several Liability), UOB Corporate Cardmember Agreement (Personal Liability) and UOB Business Debit Cardmember Agreement, the Terms and Conditions shall prevail to the extent of such inconsistency.

Related to Sole Corporate Liability

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Business of the Company means any business or activity involved in grocery or general merchandise retailing and supply chain logistics, including but not limited to grocery distribution, business-to-business portal, retail support services and third-party logistics, of the type provided by the Company or its Affiliates, or presented in concept to you by the Company or its Affiliates at any time during your employment with the Company or any of its Affiliates.

  • Proportionate Liability means the proportion of any judgment that, had the Settling Defendants not settled, the Ontario Court or Quebec Court, as applicable, would have apportioned to the Releasees.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

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

  • Liability means any liability or obligation (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.

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

  • Hovercraft Liability This policy does not cover "hovercraft liability".

  • Condition of the Company means the Assets, business, results of operations and/or financial condition of the Company.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • 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:

  • Litigation support contractor means a contractor (including its experts, technical consultants, subcontractors, and suppliers) providing litigation support under a contract that contains the clause at 252.204-7014, Limitations on the Use or Disclosure of Information by Litigation Support Contractors.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Corporate Services Agreement means the corporate services agreement dated on or about the Closing Date between the Issuer and the Corporate Services Provider, together with any agreement for the time being in force amending or supplementing such agreement.

  • Professional limited liability company means a limited

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Mutual housing corporation means a corporation not-for-profit,

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Essential community provider or “ECP” means a provider that: