Tax Responsibilities, Tax Advice, and Indemnification Sample Clauses

Tax Responsibilities, Tax Advice, and Indemnification. Other than the withholding and reporting requirements set forth herein, the Named Plaintiffs represent that they understand that it is their sole responsibility to report and pay appropriate federal, state, and local income taxes on all applicable portions of monetary relief provided under this Agreement that lawfully qualify as taxable income. Neither the Parties nor their respective counsel provide or purport to provide any tax advice to the Named Plaintiffs or the Qualified Claimants in connection with this Agreement for the purpose of determining or avoiding U.S. federal, state, or local tax obligations or penalties. Named Plaintiffs acknowledge and agree that they have not relied upon any advice from Liberty Mutual or Plaintiffs’ Counsel as to the taxability of the payments received pursuant to this Agreement. As to the payments treated and reported as non- wages, Named Plaintiffs agree to indemnify and hold harmless Liberty Mutual for any tax due or owing by them on such payments. The Settling Parties agree that if the U.S. tax code, the regulations promulgated thereunder, or other applicable tax law changes after the date of this Agreement, the processes set forth in this section may be modified in a manner that will bring Liberty Mutual and/or the Settlement Administrator into compliance with any such changes.
Sample 1
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Related to Tax Responsibilities, Tax Advice, and Indemnification

  • General Responsibilities of the Parties 1. The Parties will work together in a spirit of cooperation and partnership, with the responsibilities and accountabilities set out in this Agreement, to implement the Programme Documents in full in a timely, efficient, and effective, manner.

  • Patent Filing Responsibilities and Costs 1. The invention and patent rights herein apply to any patent application or patents covering an invention made under this Agreement. Each Party is responsible for its own costs of obtaining and maintaining patents covering sole inventions of its employees. The Parties may agree otherwise, upon the reporting of any invention (sole or joint) or in any license granted.

  • Main responsibilities of the Parties 1. The National Focal Point is responsible and accountable for the overall management of the EEA Financial Mechanism 2014-2021 in the Beneficiary State and for the full and correct implementation of this programme agreement. In particular, the National Focal Point undertakes to:

  • Government Responsibilities (a) The Government has principal responsibility for overseeing and managing the implementation of the Program.

  • Joint Responsibilities 2.1.1 University and Affiliate each will identify, and notify each other of, a person responsible for serving as its liaison during the course of this affiliation. The appointment of liaisons shall be subject to mutual approval of the parties.

  • Lobbying Activities - Standard Form - LLL No response Do not upload this form unless Vendor has reportable lobbying activities. There are Attributes entitled, “2 CFR Part 200 or Federal Provision - Xxxx Anti-Lobbying Amendment – Continued.” Properly respond to those Attributes and only upload this form if applicable/instructed. If upload is required based on your response to those Attributes, the Disclosure of Lobbying Activities – Standard Form - LLL must be downloaded from the “Attachments” section of the IonWave eBid System, reviewed, properly completed, and uploaded to this location.

  • Responsibilities of Both Parties 61.4.1 The Parties shall jointly coordinate the provisioning of transport capacity sufficient to route originating 911 calls from Carrier to the designated CenturyLink 911 Selective Router(s).

  • Authority’s Responsibilities Authority will perform maintenance and repairs to the parking lot and concrete paving of the Common Use Areas and will perform maintenance and repairs to the Cargo Building, including (1) the roof (structure and membrane), foundation, load bearing walls, and other structural elements; and (2) exterior maintenance (painting and landscaping). Authority retains the right, after giving reasonable advance notice to Company, to enter upon the Premises to perform any repair thereon, including utilities, which serves, in whole or in part, areas other than the Premises. Authority will endeavor to use commercially reasonable efforts to minimize interference with Company’s activities.

  • CONTRACTOR RESPONSIBILITY PROVISIONS For the purpose of these provisions, the term contractor is defined as any person, including, but not limited to, a bidder, offeror, loan recipient, grantee or lessor, who has furnished or performed or seeks to furnish or perform, goods, supplies, services, leased space, construction or other activity, under a contract, grant, lease, purchase order or reimbursement agreement with the Commonwealth of Pennsylvania (Commonwealth). The term contractor includes a permittee, licensee, or any agency, political subdivision, instrumentality, public authority, or other public entity in the Commonwealth.

  • Additional Responsibilities You agree to: reasonably clean and maintain Covered Items; not harm/damage a Covered Item or Component; provide a safe working environment for Contractors; not damage property of a Contractor; and not threaten/harm us or a Contractor via phone, email, personal interaction, internet, social media or otherwise.

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