Termination of Liability Sample Clauses

Termination of Liability. After the times referred to in Section 4.4 and Section 4.5 (as applicable), no Party will have any liability or obligations to another Party in respect of any inaccuracy in or breach of any representation or warranty contained in this Agreement and any Contract, agreement, instrument, certificate or other document executed or delivered pursuant to this Agreement, except for (and only to the extent of) any Claim in respect of which the other Party has provided notice to the Party making that representation and warranty in accordance with Section 6.5 prior to the expiry of those time limits, and in that event, only on the terms and conditions of and to the extent provided for in Article 6.
AutoNDA by SimpleDocs
Termination of Liability. The Reinsurer’s liability for any Policy ceded automatically or facultatively under this Agreement shall cease upon the earliest of: a. The date the Company’s liability on such Policy is terminated under the terms of its Policy with the policyholder; or b. The date this Agreement is terminated by the Company or the Reinsurer as specifically provided for and limited by this Agreement.
Termination of Liability. When the assets comprising the Custodial Account shall have been transferred and delivered to the successor Master Custodial Administration Agreement Administrator, and the accounts of the Master Custodial Administration Agreement Administrator have been settled, the Master Custodial Administration Agreement Administrator shall be released and discharged from all further accountability or liability for the Master Custodial Administration Agreement and shall not be responsible in any way for the further disposition of the Custodial Account or any part thereof.
Termination of Liability. No Party or other Person is entitled to indemnification pursuant to this Agreement unless the Party or other Person has given written notice of its Claim for indemnification pursuant to Section 8.5 or Article 9, as the case may be, prior to the expiry of the relevant survival period prescribed by Sections 6.5 and 6.6 and in that event, only on and subject to the terms and conditions of and to the extent provided for in Section 8.5 and Article 9.
Termination of Liability. (1) No Party or other Person is entitled to indemnification pursuant to this Agreement unless the Party or other Person has given written notice of its Claim for indemnification pursuant to Article 7, as the case may be, prior to the expiry of the relevant survival period prescribed by Sections 5.3 and 5.4 and in that event, only on and subject to the terms and conditions of and to the extent provided for in Article 7. (2) This Agreement constitutes a “business agreement” under the Limitations Xxx 0000 (Ontario) and to the extent that the provisions of this Agreement are found to be an agreement to vary or exclude, or suspend or extend, a limitation period prescribed under such legislation, that limitation period will be deemed to be varied or excluded, or suspended or extended, as the case may be, to the extent necessary to give full force and effect to the provisions of this Agreement.
Termination of Liability. If recapture is elected by the Company, or if the Agreement is cancelled, subject to the provisions of paragraph 2 or 3 of this Article, both the Company and the Reinsurer shall be obligated to make and shall make the payments set forth in Article XII and Article VII.
Termination of Liability. Upon settlement of its account and ------------------------ transfer of the trust assets to the successor trustee, all rights and privileges under the Plan and this Trust Agreement shall vest in the successor trustee and thereafter liability of the Trustee shall terminate with respect to acts of the successor trustee not related to prior acts of the Trustee subject only to the requirement that the Trustee execute all necessary documents to transfer the trust assets to the successor trustee.
AutoNDA by SimpleDocs
Termination of Liability. If the Guarantor seeks to terminate the Guarantor's liability under this Guaranty; or
Termination of Liability. Except as provided in the next sentence of this Section 8.3, the liability of the Reinsurer with respect to any HMO Plan shall terminate on the date the liability of the Company on such HMO Plan is terminated. If this Agreement is terminated as provided in this Article VIII, the Reinsurer's liability with respect to HMO Plans that remain in force shall terminate on the day that all Direct Paid Claims incurred prior to the date of such termination are satisfied.
Termination of Liability. In case of a claim under this policy, the Company shall have the following additional options:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!