Common use of Corporate Structures Clause in Contracts

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 7 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement (Loews Corp)

AutoNDA by SimpleDocs

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx Brown & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.obligations.‌

Appears in 4 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.obligations.‌

Appears in 4 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W B& W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 1 contract

Samples: Master Settlement Agreement

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx Brown & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W B& W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 1 contract

Samples: Master Settlement Agreement

AutoNDA by SimpleDocs

Corporate Structures. Due to the particular corporate corpo- rate structures of X.X. X. X . Xxxxxxxx Tobacco Company ("‘‘Xxxxxxxx"’’) and Xxxxx Brown & Xxxxxxxxxx Tobacco Corporation Corpora- tion ("‘‘B&W"’’) with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 1 contract

Samples: Master Settlement Agreement

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx Brown & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 1 contract

Samples: Master Settlement Agreement

Corporate Structures. Due to the particular corporate structures of X.X. Xxxxxxxx Tobacco Company ("Xxxxxxxx") and Xxxxx Brown & Xxxxxxxxxx Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, Xxxxxxxx and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.

Appears in 1 contract

Samples: Master Settlement Agreement

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