Liability Period definition

Liability Period means the reporting period of a delinquent tax or tax liability, or, in the case of tax liabilities determined as a deficiency, all reporting periods included in the assessment of such deficiency. For purposes of determining the earlier of two or more liability periods, the beginning date of each liability period is used.

Liability Period means the period starting on the date of this Agreement and ending on the date on which:

Liability Period means each 12 month period commencing on the Effective Date and on each anniversary thereafter. A liability event giving rise to separate causes of action will be considered a single liability event and deemed to have occurred when the first liability event occurred. If the liability event occurs: (i) prior to execution of this Agreement, it shall be deemed to have occurred during the first 12 months of this Agreement, and (ii) after termination or expiration of this Agreement, it shall be deemed to have occurred during the last 12 months of this Agreement.

Examples of Liability Period in a sentence

• The Defects Liability Period shall be deemed to be extended till the identified Defects under Clause 17.2 have been remedied or rectified.

• Notwithstanding the aforesaid, the Parties agree that the Authority shall not be obliged to release the Performance Security until all Defects identified during the Defects Liability Period have been rectified.

• The Contractor shall not be responsible for rectification of any Defects, but the Contractor shall carry out maintenance of such works after completion of Defect Liability Period of work by other person or agency during the remaining period of this agreement without any extra payment.

• Save and except as provided in Clause 14.1 (iii), the Contractor shall repair or rectify all Defects and deficiencies observed by the Authority or Authority’s Engineer during the Defects Liability Period within a period of 15 (fifteen) days from the date of notice issued by the Authority or Authority’s Engineer in this behalf, or within such reasonable period as may be determined by the Authority or Authority’s Engineer at the request of the Contractor, in accordance with Good Industry Practice.

• Provided that in the event of different Defects Liability Periods being applicable to different Sections of the Permanent Works pursuant to Clause 48, the expression “expiration of the Defects Liability Period “ shall, for the purpose of this sub-clause, be deemed to mean the expiration of the latest of such periods.

More Definitions of Liability Period

Liability Period means the period between May 22, 1991 and

Liability Period has the meaning given to it in paragraph 1.2 of schedule 2;

Liability Period means the period during which the Tenant remains liable to the Landlord under the Lease or the Landlord and Tenant (Covenants) Xxx 0000; Premises means the premises let by the Lease and known as Dreamland Amusement Centre, Marine Terrace, Margate, Kent; Term means the term granted by the Lease;

Liability Period has the meaning given in sub-clause 9.3(a) [Defects Liability Period];

Liability Period the period starting on the Assignment Date and ending on the date that the Assignee is released from the Tenant’s Obligations under the 1995 Act;

Liability Period means the periods set out in Clause 12.1.5 during which the Company is responsible for correcting any Defects in the New Works; Departure means one of, or a combination of, the following:

Liability Period means the six-month period during which the family of a voluntarily placed child is eligible for family reunification services.