No Responsibility for Losses Sample Clauses

No Responsibility for Losses. The Collateral Agent shall not be responsible for any loss or diminution in the value occasioned to the Charged Property by any act or omission of the Chargor or any prior ranking encumbrancer or any other person.
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No Responsibility for Losses. We cannot be held responsible for losses if we sell any of your Securities or Other Property, even if liquidation or distribution would cause taxable consequences to you, or for the tax consequences of liquidating assets or distributing them to you.
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No Responsibility for Losses. We cannot be held responsible for losses if we sell any of your Securities or Other Property upon termination even if liquidation or distribution would cause taxable consequences to you, or for the tax consequences of liquidating assets or distributing them to you. THIS AGREEMENT CONTAINS A PRE-DISPUTE ARBITRATION CLAUSE IN PARAGRAPH 3 OF SCHEDULE A ON PAGE 14. BY SIGNING THIS AGREEMENT I ACKNOWLEDGE THAT THIS AGREEMENT CONTAINS A PRE-DISPUTE ARBITRATION CLAUSE AND THAT I HAVE RECEIVED, READ, AND UNDERSTOOD THE TERMS THEREOF. Schedule A
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No Responsibility for Losses. The ProLogis Specified Affiliates shall be managed and operated in a manner consistent with past practice and in accordance with the terms and conditions of any management or consultancy agreements existing as at Completion (as such terms and conditions may be amended from time to time). RECO shall, to the extent practicable, consult with ProLogis prior to taking any action in respect of the PRC Projects or Pipeline PRC Projects which is not in the ordinary course of business of the relevant or affected PRCco. The Parties accordingly acknowledge and agree that neither RECO or its Affiliates shall be responsible for any Losses suffered or incurred by ProLogis or its Affiliates (including, following the completion of the Unwinding Process, the Specified ProLogis Affiliates) arising from or in connection with the Retransfer including without limitation, any impairment or deterioration in the value of the Specified Interests.
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Related to No Responsibility for Losses

  • No Responsibility Trustmark and the Trustmark Released Parties shall have no responsibility, obligation, duties, or liability whatsoever with respect to the terms, interpretation, or implementation of the Distribution Plan; the administration of the Settlement; the management, investment, or distribution of the Settlement Amount or any other funds paid or received in connection with the Settlement; the payment or withholding of Taxes that may be due or owing by the Receiver or any recipient of funds from the Settlement Amount; the determination, administration, calculation, review, or challenge of claims to the Settlement Amount, any portion of the Settlement Amount, or any other funds paid or received in connection with the Settlement or this Agreement; or any losses, attorneys’ fees, expenses, vendor payments, expert payments, or other costs incurred in connection with any of the foregoing matters. As of the Settlement Effective Date, the Plaintiffs, the Plaintiffs Released Parties, the Interested Parties, and all other individuals, Persons, or entities Plaintiffs represent or on whose behalf Plaintiffs have been empowered to act by any court fully, finally, and forever release, relinquish, and discharge Trustmark and the Trustmark Released Parties from any and all such responsibility, obligation, duties, and liability.

  • Tax Responsibility The Fund shall be liable for all taxes (including Taxes, as defined below) relating to its investment activity, including with respect to any cash or securities held by the Custodian on behalf of the Fund or any transactions related thereto. Subject to compliance by the Fund with its obligations under Section 7.1, the Custodian shall withhold (or cause to be withheld) the amount of any Tax which is required to be withheld under applicable law in connection with the collection on behalf of the Fund pursuant to this Agreement of any dividend, interest income or other distribution with respect to any security and the proceeds or income from the sale or other transfer of any security held by the Custodian. If any Taxes become payable with respect to any prior payment made to the Fund by the Custodian or otherwise, the Custodian may apply any credit balance in the Fund’s deposit account to the extent necessary to satisfy such Tax obligation. The Fund shall remain liable for any tax deficiency. The Custodian is not liable for any tax obligations relating to the Portfolio or the Fund, other than those Tax services as set out specifically in this Section 7. The Fund agrees that the Custodian is not, and shall not be deemed to be, providing tax advice or tax counsel. The capitalized terms “Tax” or “Taxes” means any withholding or capital gains tax, stamp duty, levy, impost, charge, assessment, deduction or related liability, including any addition to tax, penalty or interest imposed on or in respect of (i) cash or securities, (ii) the transactions effected under this Agreement, or (iii) the Fund.

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