Direct Liability Sample Clauses

Direct Liability. Nothing contained in this Section 2.15 or Article XI shall limit the liability of any Borrower to pay Loans made directly or indirectly to that Borrower (including Loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), L/C Obligations relating to Letters of Credit issued to support such Borrower’s business, and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.
AutoNDA by SimpleDocs
Direct Liability. Nothing contained in this Section 2.12 shall limit the liability of any Borrower to pay Loans made directly or indirectly to that Borrower and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.
Direct Liability. In the event that the person or entity seeking indemnification under this Article 8 (the "Indemnified Party") shall become aware of an event which will give rise to or result in an Indemnifiable Loss, he, she or it shall, within thirty (30) days thereafter, give written notice to the party from whom indemnification under this Article 8 is sought (the "Indemnifying Party") of the amount of the Indemnifiable Loss, together with sufficient information to enable the Indemnifying Party to determine the accuracy and nature of the claimed Indemnifiable Loss (the "Indemnity Notice"). The failure of the Indemnified Party to give the Indemnifying Party an Indemnity Notice shall not release the Indemnifying Party from liability under this Article 8; ASSET PURCHASE AGREEMENT - PAGE 25 provided, however, that the Indemnifying Party shall not be liable for losses which would not have been incurred but for the delay in the delivery of, or the failure to deliver, the Indemnity Notice. Within thirty (30) days after the receipt by the Indemnifying Party of the Indemnity Notice, the Indemnifying Party shall either (i) pay to the Indemnified Party an amount equal to the Indemnifiable Loss, or (ii) object to such claim, in which case the Indemnifying Party shall give written notice to the Indemnified Party of such objection together with the reasons therefor, it being understood that the failure of the Indemnifying Party to so object shall preclude the Indemnifying Party from asserting any claim, defense or counterclaim relating to the Indemnifying Party's failure to pay any Indemnifiable Loss.
Direct Liability. Business Associate may be held directly liable under HIPAA for impermissible uses and disclosures of PHI; failure to provide breach notification to Covered Entity; failure to provide access to a copy of Electronic PHI to covered entity or individual; failure to disclose PHI to the Secretary of the U.S. Department of Health and Human Services when investigating Business Associate’s compliance with HIPAA; failure to provide an accounting of disclosures and failure to enter into a business associate agreement with subcontractors.
Direct Liability. Nothing contained in this Section 14.08 shall limit the liability of any Credit Party to pay Loans and other extensions of Credit made directly or indirectly to that Credit Party (including Loans and other extensions of credit advanced to any other Credit Party and then re-loaned or otherwise transferred to, or for the benefit of, such Credit Party), Letter of Credit Outstandings relating to Letters of Credit issued to support such Credit Party’s business, and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Credit Party shall be primarily liable for all purposes hereunder. The Administrative Agent shall have the right, at any time in its discretion, to condition Loans and Letters of Credit upon a separate calculation of borrowing availability for each Credit Party and to restrict the disbursement and use of such Loans and Letters of Credit to such Credit Party.
Direct Liability. BA may be held directly liable under HIPAA for impermissible uses and disclosures of PHI; failure to provide breach notification to CE; failure to provide access to a copy of PHI or ePHI to CE or individual; failure to disclose PHI to the Secretary of HHS when investigating BA’s compliance with HIPAA; failure to provide an accounting of disclosures; and, failure to enter into a business associate agreement with subcontractors.
Direct Liability. Business Associate acknowledges that, as of the Effective Date listed above, it shall be liable under the civil and criminal enforcement provisions set forth in 42 U.S.C. §§ 1320d-5 and 1320d-6, as amended, for failure to comply with any of the use and/or disclosure requirements of the HIPAA Rules, or any guidance issued by the Secretary from time to time with respect to such use and/or disclosure requirements.
AutoNDA by SimpleDocs
Direct Liability. Client shall reimburse Team San Xxxx for any and all Losses suffered or paid by Team San Xxxx as a result of or arising from (a) the breach of any term, covenant, or condition of this Agreement by Client, (b) the breach of any term, covenant, or condition of any Release of Liability agreement delivered to Team San Xxxx by any of Client's Agents or Invitees as a pre-condition to use any of the Facilities by such Person(s), (c) any act or failure to act of Client or any of Client's Agents or Invitees resulting in property damage to the Facilities or any property owned or managed by Team San May 20, 2014 12:31 Xxxx or the City of San Xxxx, and/or (d) any active or passive negligence or intentional act of Client or Client's Agents or Invitees.
Direct Liability. IN NO EVENT WILL ANOMALO OR ITS LICENSORS’ AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE EXCEED THE TOTAL AMOUNTS PAID TO ANOMALO UNDER THIS AGREEMENT IN THE TWELVE MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM.
Direct Liability. Nothing contained in this Section 11.07 shall limit the liability of any Borrower with respect to Loans made directly or indirectly to that Borrower (including Loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), LC Exposure relating to Letters of Credit issued to support such Borrower’s business, and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder. [Signature Page Follows] 118
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!