Liability of the Pool Sample Clauses

Liability of the Pool. The liability of the Pool for any coverage ceded hereunder will begin and end simultaneously with the liability of the Ceding Company, except that:
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Liability of the Pool. The liability of the Pool shall begin and terminate simultaneously with that of the Ceding Company, provided that, in the case of a facultative submission, the Pool has notified the Ceding Company of its acceptance of the risk and the Ceding Company has included such risk in the quarterly List of Risks Reinsured. The liability of a Pool Member, for a particular policy under which the Company is liable, shall begin and terminate simultaneously with that of the Ceding Company, provided that, in the case of a facultative submission, the Pool Member has notified the Ceding Company of its acceptance. The liability of the Pool Member shall be restricted to its share of the Company's liability as limited by the terms and conditions of the particular policy under which the Company is liable. The amount of coverage provided by the Pool under a Conditional Receipt (or Interim Receipt) will not exceed the lesser of:
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Liability of the Pool. MSDLAF+ does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. MSDLAF+ is not acting as a broker-dealer or an investment advisor with respect to the CDs. Participant's investment advisory relationship is with Advisor. MSDLAF+ is not responsible for Participant’s compliance with the FDIC or NCUA insurance limits. MSDLAF+ assumes no obligations pursuant to this Agreement or with respect to the CDs.
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Liability of the Pool. The liability of a Pool Member, for a particular policy under which the Company is liable, shall begin and terminate simultaneously with that of the Ceding Company, provided that, in the case of a facultative submission, the Pool Member has notified the Ceding Company of its acceptance. The liability of the Pool Member shall be restricted to its share of the Company's liability as limited by the terms and conditions of the particular policy under which the Company is liable. The amount of coverage provided by the Pool under a Conditional Receipt (or Interim Receipt) will not exceed the lesser of:
Sample 1
Liability of the Pool. MAGIC does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. XXXXX is not acting as a broker-dealer or an investment advisor with respect to the CDs. Participant's investment advisory relationship is with Advisor. MAGIC is not responsible for Participant’s compliance with the FDIC or NCUA insurance limits. MAGIC assumes no obligations pursuant to this Agreement or with respect to the CDs.
Sample 1
Liability of the Pool. The Pool does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. The Pool is not acting as a broker-dealer or an investment advisor with respect to the CDs. Participant's investment advisory relationship is with the Advisor. The Pool is not responsible for Participant’s compliance with the FDIC insurance limits. The Pool assumes no obligations pursuant to this Agreement or with respect to the CDs.
Sample 1

Related to Liability of the Pool

  • LIABILITY OF THE PARTIES 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation.

  • Liability of Servicer The Servicer shall not be relieved of its obligations under this Agreement notwithstanding any Sub-Servicing Agreement or any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Sub-Servicer or otherwise, and the Servicer shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Mortgage Loans. The Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Servicer by such Sub-Servicer and nothing contained in such Sub-Servicing Agreement shall be deemed to limit or modify this Agreement. The Trust shall not indemnify the Servicer for any losses due to the Servicer's negligence.

  • Liability of Seller Seller shall be liable in accordance herewith only to the extent of the obligations in this Agreement specifically undertaken by Seller and the representations and warranties of Seller.

  • Liability of the Seller (a) The Seller shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Seller under this Agreement.

  • Liability of the Company The Company shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Company herein.

  • Liability of the Servicer Notwithstanding any Subservicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Subservicer or reference to actions taken through a Subservicer or otherwise, the Servicer shall remain obligated and primarily liable to the Trustee for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 3.01 without diminution of such obligation or liability by virtue of such Subservicing Agreements or arrangements or by virtue of indemnification from the Subservicer and to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering the Mortgage Loans. The Servicer shall be entitled to enter into any agreement with a Subservicer for indemnification of the Servicer by such Subservicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

  • Liability of the Manager No provision of this Agreement shall be deemed to protect the Manager against any liability to the Fund or the shareholders of the Portfolio to which it might otherwise be subject by reason of willful misfeasance, bad faith, or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

  • Liability of the Adviser The Adviser shall indemnify and hold harmless the Trust and all affiliated persons thereof (within the meaning of Section 2(a)(3) of the 0000 Xxx) and all controlling persons (as described in Section 15 of the 1933 Act) (collectively, the “Adviser Indemnitees”) against any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) by reason of or arising out of the Adviser’s willful misfeasance, bad faith or negligence in the performance of its duties hereunder or its reckless disregard of its obligations and duties under this Agreement.

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