Liability for Indebtedness. Cardholder is liable to the Bank for all indebtedness, including indebtedness incurred by any person authorized by such Cardholder, an indebtedness which exceeds the credit limit, as well as indebtedness arising from any loss incurred by the Bank through the use of the Card. Where there is more than one Cardholder, each cardholder shall be jointly and separately liable for all indebtedness. The bank reserves the right to cancel any indebtedness against account(s) of Cardholder with the bank.
Liability for Indebtedness. After the Closing, unless the Investor shall otherwise consent in writing, no member of the Company Group shall have any liability under or in respect of any indebtedness of any member of the WWC Non-Company Group ("WWC Debt"), and the assets of the Company Group shall not be subject to any Lien under or in respect of any WWC Debt. After the Closing, unless WWC shall otherwise consent in writing, no member of the WWC Non-Company Group shall have any liability under or in respect of any indebtedness of any member of the Company Group ("Company Debt"), and the assets of the WWC Non-Company Group shall not be subject to any Lien under or in respect of any Company Debt.
Liability for Indebtedness. If, notwithstanding Clause 19.2(c) (Further Guarantee Provisions), the Guarantee Obligations are determined for any reason (other than the full and final settlement thereof), the Guarantor will remain liable in respect of all indebtedness referred to in Clause 19.1(a) (Guarantee) as at the date of determination (whether demanded or not) and whether or not any other Obligor is then in default under the Senior Finance Documents.
Liability for Indebtedness. It is expressly understood and agreed that, except as otherwise provided in this Agreement, nothing in this Agreement has the effect of causing either party to assume, guarantee, or become in any way liable for any bond, warrant, note or other indebtedness or obligation of the other party.
Liability for Indebtedness. The primary cardholder is liable to the Bank for all indebtedness, including indebtedness incurred by any person authorised by such Cardholder and Indebtedness which exceeds the credit limit from all transactions and applicable fees and charges.
Liability for Indebtedness. I am liable for all Indebtedness and all interest and fees charged in respect of such Indebtedness (including Indebtedness incurred by any Authorized Person). If any Authorized Person signs a sales or cash advance draft or enters my PIN, or if I or any Authorized Person gives the Visa Account number to conduct a Transaction without presenting the Card (such as by way of mail order, telephone, internet, or any other electronic method), the legal effect shall be the same as if I used the Card and either signed a sales or cash advance draft or entered my PIN. The Primary Cardholder and each Authorized User are jointly and individually liable for all Indebtedness and all interest and fees charged in respect of such Indebtedness.
Liability for Indebtedness. The business shall be liable to the Bank for all indebtedness, includ- ing indebtedness incurred by any cardholder and indebtedness which exceeds the credit limit. Each cardholder shall be jointly and severally liable with the business as a co-principal debtor for all indebtedness.
