Liability of the Corporation Sample Clauses

Liability of the Corporation. Nothing contained in this Agreement shall constitute the creation of a trust or other fiduciary relationship between Corporation and Employee or between Corporation and the Beneficiary or any other person. Corporation shall not be considered a trustee by reason of the existence of this Agreement.
AutoNDA by SimpleDocs
Liability of the Corporation. The Corporation is liable for and must pay us on demand the outstanding amount (including principal, interest, costs, fees and/or other amounts payable) incurred by all Cardholders and debited to all Card Accounts. The Corporation is jointly and severally liable with each Cardholder for such part of the outstanding balance in connection with each Card.
Liability of the Corporation. The inability of the Corporation, despite its best efforts, 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 the Option shall relieve the Corporation of any liability in respect of the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained, but shall not otherwise relieve the Corporation of its liability hereunder.
Liability of the Corporation or Buyer of any nature whatsoever, whether accrued, absolute, contingent or otherwise, existing at Closing to the extent not reflected or reserved against herein.
Liability of the Corporation. (a) The Developer acknowledges and agrees that the Corporation will have no liability and the Developer will not be entitled to make any claim against the Corporation arising out or in respect of or in connection with the Corporation exercising its Step-In Rights except to the extent that the claim relates to an act of wilful misconduct, wilful default, fraud or negligence of the Corporation.

Related to Liability of the Corporation

  • Liability of the Company The Company shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Company herein.

  • Liability of the Seller (a) The Seller shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Seller under this Agreement.

  • LIABILITY OF THE PARTIES 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation.

  • Liability of the Manager No provision of this Agreement shall be deemed to protect the Manager against any liability to the Fund or the shareholders of the Portfolio to which it might otherwise be subject by reason of willful misfeasance, bad faith, or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

  • Liabilities of the Company Except as stated in this Section 8, the Company shall have no liability for damages of any kind arising out of or related to events, acts, rights or privileges contemplated in this Agreement.

  • Liability of the Members No Member shall be liable, responsible or accountable in damages or otherwise to any other Member or to the Company for any act or omission performed or omitted by the Member except for acts of gross negligence or intentional wrongdoing.

  • Rights of the Company The Company shall not be required to (i) transfer on its books any Purchased Shares that have been sold or transferred in contravention of this Agreement or (ii) treat as the owner of Purchased Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Purchased Shares have been transferred in contravention of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.