Contractor Not Responsible Sample Clauses

Contractor Not Responsible. 35.2.1 The Contractor will not be responsible for or obliged to indemnify the Department for any injury, loss, damage, cost and expense caused by the negligence or wilful misconduct of the Department or by the breach by the Department of its obligations under this Contract.
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Contractor Not Responsible. The Contractor shall not be responsible or be obliged to indemnify the Authority for:
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Contractor Not Responsible. The Contractor shall have no responsibility or obligation to (i) realize upon defaulted Loans, expend its own funds toward the restoration of any damaged loan property, seek recovery of insurance proceeds or liquidation proceeds from the related collateral, issue any demand for payment or default notice, commence foreclosure proceedings, initiate any legal proceeding for the collection of the Loans, or take any other remedial action of any kind with respect to a defaulted Loan; (ii) prepare or process any satisfaction or release with respect to any fully repaid Loan; (iii) account for, ascertain or estimate any annual ground rents, taxes, assessments, water rates, fire and hazard insurance premiums, loan insurance premiums, or any other charges that will become due and payable; (iv) communicate with any Obligor regarding xxxxxxxx, payments, rates, Loan documentation, releases, or any other matter relating to the Loan; (v) monitor or inspect any collateral securing the Loans, or determine the Obligor's compliance with any collateral coverage, financial or other covenants, (vi) monitor any collateral filings, or prepare or file any UCC continuation statements; or (v) do or perform any other duty or obligation not specified herein.
Sample 1

Related to Contractor Not Responsible

  • Joint Responsibility If the Seller determines that the Interface Problem is attributable partially to the design of a Warranted Part and partially to the design of any Supplier Part, the Seller will, if so requested by the Buyer, seek a solution to the Interface Problem through cooperative efforts of the Seller and any Supplier involved. The Seller will promptly advise the Buyer of such corrective action as may be proposed by the Seller and any such Supplier. Such proposal will be consistent with any then existing obligations of the Seller hereunder and of any such Supplier towards the Buyer. Such corrective action, unless reasonably rejected by the Buyer, will constitute full satisfaction of any claim the Buyer may have against either the Seller or any such Supplier with respect to such Interface Problem.

  • Contractor Responsibilities Contractor shall:

  • Joint Responsibilities 2.1.1 University and Affiliate each will identify, and notify each other of, a person responsible for serving as its liaison during the course of this affiliation. The appointment of liaisons shall be subject to mutual approval of the parties.

  • Client Responsibilities You are responsible for (a) assessing each participants’ suitability for the Training, (b) enrollment in the appropriate course(s) and (c) your participants’ attendance at scheduled courses.

  • Tax Responsibility The Fund shall be liable for all taxes (including Taxes, as defined below) relating to its investment activity, including with respect to any cash or securities held by the Custodian on behalf of the Fund or any transactions related thereto. Subject to compliance by the Fund with its obligations under Section 7.1, the Custodian shall withhold (or cause to be withheld) the amount of any Tax which is required to be withheld under applicable law in connection with the collection on behalf of the Fund pursuant to this Agreement of any dividend, interest income or other distribution with respect to any security and the proceeds or income from the sale or other transfer of any security held by the Custodian. If any Taxes become payable with respect to any prior payment made to the Fund by the Custodian or otherwise, the Custodian may apply any credit balance in the Fund’s deposit account to the extent necessary to satisfy such Tax obligation. The Fund shall remain liable for any tax deficiency. The Custodian is not liable for any tax obligations relating to the Portfolio or the Fund, other than those Tax services as set out specifically in this Section 7. The Fund agrees that the Custodian is not, and shall not be deemed to be, providing tax advice or tax counsel. The capitalized terms “Tax” or “Taxes” means any withholding or capital gains tax, stamp duty, levy, impost, charge, assessment, deduction or related liability, including any addition to tax, penalty or interest imposed on or in respect of (i) cash or securities, (ii) the transactions effected under this Agreement, or (iii) the Fund.

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