Combined Liability definition

Combined Liability means Your Company and you shall be jointly and severally liable for all Charges incurred by you; provided, however, that Your Company shall not be liable for Charges (a) incurred by you that are personal in nature and which did not accrue a benefit to Your Company or (b) for which Your Company has reimbursed you; and
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Combined Liability means You and the Cardmember shall be jointly and severally liable for all Charges incurred by the Cardmember; provided, however, that You shall not be liable for Charges (a) incurred by the Cardmember that are personal in nature and which did not accrue a benefit to You or (b) for which You have reimbursed the Cardmember; and
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Combined Liability means, Your Company and you shall be jointly and severally liable for all Charges incurred by you; provided, however, that Your Company shall not be liable for Charges (a) incurred by you that are personal in nature and which did not accrue a benefit to Your Company or (b) for which Your Company has reimbursed you; and
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Examples of Combined Liability in a sentence

  • Automobile Liability Coverage: $300,000 Combined Liability Limits per individual, $2,000,000 per occurrence, Bodily Injury and Property Damage Combined.

  • Automobile Liability Coverage:$300,000 Combined Liability Limits.

  • Should We cease to write Medical Malpractice Combined Liability Insurance, this Policy will not provide cover for any Claims made after We cease to write Medical Malpractice Combined Liability Insurance.

  • The Council’s own exposure on Combined Liability claims is up to £250,000 per claim with external insurers picking up any amount over and above.

  • Business Automobile Liability (including hired and non-ownedcoverages)$300,000 Combined Liability Limits, Bodily Injury and Property Damaged Combined C.

  • Further, in the case of a Combined Liability Corporate Card Account, we may insist upon a minimum income for Card Members in accordance with our usual risk management criteria.

  • Reimbursable Services Agreements (RSAs) are used for all categories of insurance other than Workers’ Compensation and Combined Liability (general, auto, and professional), which are assessed on a rate per $100 payroll applied monthly to each agency’s actual payroll until the allocated premium is paid.

  • Individual Consultants are responsible for ensuring they have vaccinations/inoculations when travelling to certain countries, as designated by the UN Medical Director.

  • If I am using my own boat in the tournament(s), I certify that I now have or will obtain prior to the tournament series, Combined Liability Boat Insurance (including coverage for third party property damage and bodily injury) with no Tournament Exclusion, having a minimum limit of at least $300,000 per occurrence.

  • In respect of the award of Combined Liability Insurance this is to indemnify the Council against legal costs and damages arising from legal claims against the Council in Negligence, Nuisance, Libel and Slander.


More Definitions of Combined Liability

Combined Liability is defined in Section B I. clause 3 (a). “Communications” means Statements, servicing messages, notices (which include changes to this Agreement), disclosures, Account alerts, important messages, changes to this Agreement and other communications to You or Account Users in connection with any Programme(s) in which You participate.
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Combined Liability is defined in Section B I. clause 3 (a).
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Combined Liability means for Accounts that have been approved by American Express and the applicable American Express Entities for Combined Liability. Company or the applicable Company Affiliate and the applicable Card Member shall be jointly and severally liable for all Charges incurred by the Card Member; provided however, Company or the applicable Company Affiliate will not be liable for those Charges: (i) that are related to personal expenses incurred by the Card Member that did not accrue a benefit to Company or the applicable Company Affiliate; or (ii) for which Company or the applicable Company Affiliate has reimbursed the Card Member, under which case, Card Member shall be liable for such Charges.
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Combined Liability means, Your Company and You shall
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Combined Liability means, Your Company and You shall9. Opłatbyei jporionwtlyizajend severally liable for all Charges incurred by You;
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Combined Liability means that you and the Cardmember are jointly and severally liable for all Charges on the Corporate Card.
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Related to Combined Liability

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Combined Sewer means a sewer receiving both surface runoff and sewage.

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.

  • Stated Liabilities means the recorded liabilities (including contingent liabilities that would be recorded in accordance with GAAP) of the Borrower and its Subsidiaries taken as a whole, as of the date hereof after giving effect to the consummation of the Transactions, determined in accordance with GAAP consistently applied.