Apportionment of Liabilities Sample Clauses

Apportionment of Liabilities. Unless otherwise specified, each party agrees to be solely responsible for the liabilities associated with each asset awarded to such party as provided in Section 1 hereof and any other debt in their separate names.
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Apportionment of Liabilities. 11.1 To the extent that it is impracticable or impossible to determine:
Apportionment of Liabilities a. If MA/JS suspects or was informed about an irregular use of granted funds it shall imply follow-up actions, such as suspending the reimbursement of the financing related to the lead partner or project partner and expenditure under examination, withdrawal or reduction of the Programme co-financing, recovery of granted funds.
Apportionment of Liabilities. It is recognized that some events giving rise to Liabilities may potentially begin prior to the Exit Date and continue after the Exit Date; in such event, responsibility will be apportioned based on the relative time periods before and after the Exit Date and pursuant to the provisions of Sections 20.2 and 20.3.
Apportionment of Liabilities. 3.1 PMF and PFIZER remain responsible for all liabilities incurred with respect to the assets and rights sold under this Agreement for any periods before the Closing Date, 00:00 h. PMF and PFIZER indemnify the Purchaser with respect to any such pre-Closing liabilities.
Apportionment of Liabilities. Subject to Article 6, Connetics shall assume and be responsible for all liabilities related to the Product (including Product that is used, sold or distributed on behalf of Connetics by Roche) and the use of the Assets incurred on or after the Closing Date, including any cost, claim, expense, loss or liability arising from any product liability claim or lawsuit or any FDA or other governmental agency action or notification relating to actions taken or omissions to act from and after the Closing Date (except to the extent that the cost, claim, expense, loss or liability claimed relates to a Product supplied to Connetics by Roche where the claim arises from the manufacture of the Product) (collectively the "Assumed Liabilities"). Roche shall retain and be responsible for all liabilities related to the Product and the use of the Assets incurred before the Closing Date, including unripened liabilities due to past actions or sales (collectively the "Retained Liabilities").
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Apportionment of Liabilities. Subject to Article 6, Connetics shall assume and be responsible for all liabilities related to the Sales Force incurred on or after the Transition Date (collectively the “Assumed Liabilities”). PediaMed shall retain and be responsible for all liabilities related to the Sales Force incurred before the Transition Date, including specifically all accrued salary, bonus, benefits, severance, and pending claims of any nature (collectively the “Retained Liabilities”). The Parties acknowledge that the Retained Liabilities include a commitment made by PediaMed before the date of this Agreement to fund a President’s Council trip in 2006 for PediaMed sales force winners from 2005, provided, however, that PediaMed’s exposure for the event shall be limited to the amount of $15,000 payable to Connetics.
Apportionment of Liabilities. If MA/JS suspects or was informed about an irregular use of granted funds it shall imply follow-up actions, such as suspending the reimbursement of the financing related to the lead partner or project partner and expenditure under examination, withdrawal or reduc­tion of the Pro­gramme co-financing, recovery of granted funds. The MA/JS shall ensure that any amount paid as a result of an irregularity is recovered from the lead partner. Project partners shall repay the lead partner any amounts unduly paid. If the lead partner does not succeed in securing repayment from project partners, or if the MA/JS does not succeed in securing repayment from the lead partner, the participat­ing country, on whose territory the partner concerned is located or, in the case of an EGTC, is registered, shall reimburse the MA/JS the amount unduly paid to that project partner. Therefore the par­ticipating country shall be entitled to claim the unduly paid funds from the project partner concerned. The MA/JS shall be responsible for reimbursing the amounts concerned to the general budget of the Union. With regard to TA expenditure based on joint decisions by the participating countries, the par­tic­ipating countries bear joint liability proportionally to their respective share in the overall TA budget. Whereas regarding irregularities connected to the incorrect use of TA budget, solely caused by an organisation implementing the Programme, the liability is with the participating country hosting the organisation spending the TA. By signing this Agreement, the participating countries confirm their liability to reimburse the MA the amounts due in accordance with Article 27 of Regulation (EU) No 1299/2013 and Article 147 of Regulation (EU) No 1303/2013. Where the MC in agreement with the MA and the participating country concerned decides that XX.XX shall initiate or continue legal proceedings to recover amounts unduly paid from a lead beneficiary or beneficiary, the participating country which would be lia­ble according to Article 27(3) of Regulation (EU) No 1299/2013 undertakes to reimburse the XX.XX the judicial costs and costs arising from the proceedings, on presentation of documentary evidence, even if the pro­ceedings are unsuccessful. It will always be the participating country concerned covering the costs of legal proceedings. ­Systemic errors and financial corrections The Audit Authority, the group of auditors, the European Commission or the European Court of Auditors may dete...
Apportionment of Liabilities. (a) Save as otherwise provided in this Agreement, the Government will be responsible for all liabilities and obligations in relation to the Development and Operation of the Sub Project at all times on or after the Transfer Date (or, if earlier, the Termination Date if so elected by the Sponsor in its sole discretion).
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