Group Liability Sample Clauses

Group Liability. No Acquired Company has any Liability for any Tax of any Person under Treasury Regulation Section 1.1502-6 (or any corresponding provision of any state, local or foreign Legal Requirement), or as a transferee or successor, or by Contract, assumption or otherwise. No Acquired Company is, and no Acquired Company has ever been, a member of an affiliated, consolidated, combined or unitary group filing for federal or state income Tax purposes, other than a group the common parent of which was and is the Company.
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Group Liability. If more than one Tenant is signing this lease, all Tenants and Tenant’s parents agree to be held jointly and individually liable for all obligations under this lease, and any notice or service of legal papers on one Tenant shall be the same as if the notice was served on all Tenants.
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Group Liability. If more than one Tenant is signing this lease, all Tenants and Tenant’s parents agree to be held jointly and individually liable for all obligations under this lease, and any notice or service of legal papers on one Tenant shall be the same as if the notice was served on all Tenants. A+ Student Housing, LLC, requires parent guarantees and deposits from Tenants. In absence of these required documents and payments, Tenants understand that Owner may, at Owner’s sole discretion, render lease invalid after 14 days. Addendum 1: Rules and Regulations
Sample 1
Group Liability. Each of Parent, ARPL and ABPL is and shall be jointly and severally liable for the covenants, conditions, provisions and agreements of this Agreement to be kept, observed and performed by such Parties; and the act or signature of, or notice from or to, any one or more of them with respect to this Agreement shall be binding upon each and all of the other Licensor Parties with the same force and effect as if each and all of them had so acted or signed, or given or received such notice.
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Group Liability. Issue -- Incorporate terms in the RAA that address the responsibilities of a parent owner/manager when one or more of a "family" of registrars fails to comply with ICANN requirements. Background -- For business reasons, often related to enhancing access to the deleted names pool, some companies have chosen to establish multiple ICANN accredited registrars that are either wholly-owned or, in some other way, share management and resources. These groups range from two to over one hundred registrars in a group. Roughly two-thirds of all accredited registrars are part of a larger group. Most of these groups maintain a solid working relationship with ICANN due to their size and ongoing interaction on a variety of fronts. Occasionally, problems have arisen with one or more registrars within a group. Statement of Problem -- Under existing practices, each registrar accreditation is treated as a separate contract with a separate entity, though some efficiencies have been gained through batching invoices and other communications. Nevertheless, the opportunity exists for a subset of a group of commonly owned or managed registrars to pursue practices that are non-compliant with their ICANN contracts. At present, ICANN's recourse involves taking steps to address individual registrars, but does not have a direct contractual means for including the larger company and its other accredited entities in the process. Our experience has shown that failure to comply with some aspect of the ICANN contract can be symptomatic of larger problems within the company. In terms of group ownership/management, this could eventually affect more registrars within the group. Potential Outcomes
Sample 1
Group Liability. Each Member of the Seller Group is and shall be jointly and severally liable for the covenants, conditions, provisions and agreements of this Agreement to be kept, observed and performed by any Member of the Seller Group; and the act or signature of, or notice from or to, any one or more of them with respect to this Agreement shall be binding upon each and all of the other Members of the Seller Group with the same force and effect as if each and all of them had so acted or signed, or given or received such notice.
Sample 1
Group Liability. Except as provided in Sections 3.3(e), (f) or (g) and 3.5, the Level 3 Group's allocable share of the Combined State Income Tax Liability in each applicable state shall be equal to the Level 3 Pro-Forma Liabilxxx xxx xxxx xxxxx, xx xxxxxied below. The "Level 3 Pro- Forma Liability" shall equal the Combined State Income Tax Liability less the liability reflected on the Kiewit Group State Pro-Forma Return. The "Kiewit Group State Pro-Forma Return" means a combined Tax Return computed on a pro-forma basis for the Kiewit Group utilizing the combined apportionment factor applicable in the Combined State Income Tax Return and taking into account all income, loss and other Tax Items of the Kiewit Group and 50% of the income, loss and other Tax Items of the PKS Group, in each case utilizing such Tax Items to the same extent that they are utilized in the Combined State Income Tax Return, notwithstanding that such pro-forma computation may result in a negative Level 3 Pro-
Sample 1
Group Liability. No Acquired Company has any Liability for any Tax of any Person under Treasury Regulation Section 1.1502-6 (or any corresponding provision of any state, local or non-U.S. Legal Requirement), or as a transferee or successor, or by Contract (other than Contracts entered into in the Ordinary Course of Business not primarily related to Taxes), assumption or otherwise by operation of applicable Legal Requirements. No Acquired Company is, and no Acquired Company has ever been, a member of an affiliated, consolidated, combined, unitary or similar group filing for Tax purposes, other than a group the common parent of which was and is the Company.
Sample 1

Related to Group Liability

  • Civil Liability If an action or proceeding is brought against any employee or former employee covered by this Agreement for an alleged tort committed by him in the performance of his duties, then:

  • Non-Liability (a) Except for the negligence or wrongful acts of Landlord, its agents, contractors and employees, Landlord shall not be responsible or liable to Tenant for any loss or damage that may be occasioned by or through the acts or omissions of persons occupying adjoining premises or any part of the premises adjacent to or connected with the Premises or any part of the Building or for any loss or damage resulting to Tenant or his property from burst, stopped or leaking water, gas, sewer or steam pipes, or for any damage or loss of property within the Premises from any cause whatsoever, and no such occurrence shall be deemed to be an actual or constructive eviction from the Premises or result in an abatement of rental. (b) In the event of any sale or transfer (including any transfer by operation of law) of the Premises, Landlord (and any subsequent owner of the Premises making such a transfer) shall be relieved from any and all obligations and liabilities under this Lease, except such obligations and liabilities as shall have arisen during Landlord’s (or such subsequent owner’s) respective period of ownership, provided that the transferee assumes in writing all of the obligations of Landlord under this Lease. (c) If Landlord shall fail to perform any covenant, term or condition of this Lease upon Landlord’s part to be performed, and if as a consequence of such default, Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Building and out of rents or other income from the Building receivable by Landlord, or out of the consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and interest in the Building, and neither Landlord nor any of its partners shall be liable for any deficiency.

  • Exceptions from Liability Without limiting the generality of any other provisions hereof, neither the Custodian nor any Domestic Subcustodian shall be under any duty or obligation to inquire into, nor be liable for: