Residual Liability Sample Clauses

Residual Liability. The allocation of liabilities associated with the employees of CRR, CRC or any of their respective Affiliates hereunder is intended merely to assign primary responsibility for such liabilities among the parties. Nothing in the Agreement shall be interpreted or construed as a restriction or limitation of the duties and responsibilities of CRR, CRC, their respective Affiliates and CSX with respect to employee-related liabilities as set forth in the Merger Agreement and Attachment A to the CRR Disclosure Schedule delivered in connection with the Third Amendment.
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Residual Liability. 47 ARTICLE VII
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Residual Liability. If, following the completion of the Decommissioning Plan, any installations or pipelines are left in position, or not wholly removed, the Parties shall make provision for any continuing maintenance, including insurance, that may be necessary, in accordance with the Licences, the Acts, any applicable laws and good oilfield practice.
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Residual Liability. If either Party terminates this Agreement for frustration of purpose, neither Party shall after such termination have any liability to the other or otherwise relating to this Agreement, the Property, the SPBL, or the Residual Property, that has not accrued prior to such termination.
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Residual Liability. 4.1 Neither the Company, nor any of its Subsidiaries, has any actual or contingent liability in respect of Previously-owned Land and Buildings
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Residual Liability. No member of the Group has any actual or contingent liability in respect of previously-owned (under whatever tenure) property, including by way of guarantee or indemnity.
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Residual Liability. 17.4.1. As far as the Company is aware, neither the Company, nor any company that is or has at any time been a subsidiary of the Company, has any known actual or known contingent liability in respect of Previously-owned Land and Buildings.
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Residual Liability. (1) No Group Company has any actual or contingent liability in respect of Previously-occupied Land and Buildings.
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Residual Liability. Except as set forth on Section 4.20(d) of the Seller Disclosure Schedule, neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has any actual or contingent liability in respect of Previously-owned Land and Buildings. Neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has given any guarantee or indemnity for any liability relating to any of the Real Properties, any Previously-owned Land and Buildings or any other land or buildings.
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Related to Residual Liability

  • Individual Liability If the Borrower is a natural person, the Bank may proceed against the Borrower's business and non-business property in enforcing this and other agreements relating to this loan. If the Borrower is a partnership, the Bank may proceed against the business and non-business property of each general partner of the Borrower in enforcing this and other agreements relating to this loan.

  • Contractual Liability Liability for payments under the Plan shall be the responsibility of the:

  • Total Liability Subject to section 9 and section 10, LogRhythm’s total cumulative liability in connection with this Agreement, the Products, Cloud Services and any related services, whether in contract or tort (including negligence) or otherwise, will not exceed a sum equal to 1.25 times the amount of fees (including Support Services Fees (if any)) paid or payable by Customer to Authorized Reseller during the twelve (12) month period preceding the events giving rise to such liability or five thousand British pounds (GBP£5,000), whichever is the higher.

  • Public Liability and Property Damage Insurance A. During the term of this Agreement, Contractor shall at all times maintain, at its expense, the following coverages and requirements. The comprehensive general liability insurance shall include broad form property damage insurance.

  • Environmental Liability Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect:

  • General Liability Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001); (2)

  • Exemption from Individual Liability No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer, director or employee, as such, past, present or future, of the Company or of any successor entity, either directly or through the Company, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely corporate obligations of the Company, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, shareholders, officers, directors or employees, as such, of the Company or of any successor entity, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom; and that any and all such personal liability, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, shareholder, officer, director or employee, as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom, are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of such Securities.

  • No Individual Liability No Authority Board of Directors member, officer, agent, director, or employee of the Authority shall be charged personally or held contractually liable by or to any other person under the terms or provisions of this Agreement or because of any breach thereof.

  • Automobile Liability $1,000,000 per accident for bodily injury and property damage.

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