Discharge of Liability Sample Clauses

Discharge of Liability. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to this option shall relieve the Corporation of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. However, the Corporation shall use its best efforts to obtain all such applicable approvals.
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Discharge of Liability. MOSSCO’s liability to make each Periodic Payment to the Claimant or Successor Payee designated to receive such payment shall be discharged automatically at such time as a corresponding payment is made to such Claimant or Successor Payee by United.
Discharge of Liability. The Assignee’s liability to make each Periodic Payment to the Claimant or Successor Payee designated to receive such payment shall be discharged automatically at such time as a corresponding payment is made to such Claimant or Successor Payee by the Annuity Issuer.
Discharge of Liability. 3.2.5 Any receipt or discharge given (irrespective of before or after the death of the insured person(s)) to Zurich by the legal personal representative(s) of insured person(s) under this Section will be deemed a final and complete discharge of all liabilities in respect of the death of such insured person(s) under this Section.
Discharge of Liability. On the payment of the Withholding Amount to the Commissioner, the Buyer is discharged from all liability to pay the Withholding Amount to the Seller.
Discharge of Liability. We shall be discharged from all liability to the extent of each payment that is made for a withdrawal, surrender, Annuity Benefit, or Death Benefit.
Discharge of Liability. If distribution in respect of a Participant is made under this Plan in a form, or to a person reasonably believed by the Administrative Committee or its delegate to be proper (taking into account any document purporting to be a valid consent of the Participant's Spouse, or any representation by the Participant that he is not married or any election or revocation with respect to form of payment or designation of Beneficiary), the Plan shall have no further liability with respect to the Participant (or his Spouse or Beneficiary) to the extent of such distribution.
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Discharge of Liability. The receipt by the Trustees for any money or property or checks (after such checks are honored at the bank and paid to the Trust Fund) shall discharge their person or persons paying or transferring the same.
Discharge of Liability. AAfter two (2) years from the date of purchase, the Company may, at its option, fully discharge all obligations under this warranty by paying to the first owner the wholesale price of, or replacing, any defective parts.
Discharge of Liability. Without limiting the fiduciary and contractual responsibilities of the Adviser, the Adviser does not guarantee the future performance of the Allocated Portion or any specific level of performance, the success of any investment decision or strategy that the Adviser may use, or the success of the Adviser’s overall management of the Allocated Portion. The Manager and the Portfolio understand that investment decisions made for the Allocated Portion by the Adviser are subject to various market, currency, economic, political and business risks, and that those investment decisions will not always be profitable. The Adviser will manage only the securities, cash and other investments held in the Allocated Portion and in making investment decisions for the Allocated Portion, the Adviser will not consider any other securities, cash or other investments owned or managed by the Portfolio.
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