Default Liability definition

Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Services Contract) to be payable by any Partner(s) to the Provider as a consequence of (i) breach by any or all of the Partners of an obligation(s) in whole or in part) under the relevant Services Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Services Contract, liable to the Provider.
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Services Contract) to be payable by any Partner(s) to the Provider as a consequence of (i) breach by any or all of the Partners of an obligation(s) in whole or in part) under the relevant Services Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Services Contract, liable to the Provider. Financial Contributions means the financial contributions made by each Partner to a Pooled Fund in any Financial Year.
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Services Contract to be payable by any Partner(s) to the Provider as a consequence of (i) breach by any or all of the Partners of an obligation(s) in whole or in part under the relevant Services Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Services Contract, liable to the Provider. Financial Contributions means the financial contributions made by each Partner to a Pooled Fund or Non Pooled/Aligned Fund in any Financial Year.

Examples of Default Liability in a sentence

  • The inclusion of any item in any section of the Disclosure Schedule shall not constitute an admission that a violation, right of termination, Default, Liability or other obligation of any kind exists with respect to such item, but rather is intended only to respond to certain representations and warranties in this Agreement and to set forth other information required by this Agreement.

  • Following any such sale, Lessor shall deduct from the Default Liability the amount of any proceeds obtained upon disposition of the Equipment, less any costs or expenses incurred by Lessor in connection with the repossession, storage, restoration and/or disposition of the Equipment.

  • For the avoidance of doubt, the Partners agree that the Council will not be liable for Losses or Default Liability arising from the performing or overseeing of certain clinical tasks, such as clinical/medical diagnosis, or the prescription of medicine (“Clinical Liability”).

  • For the avoidance of doubt, the Partners will put in place insurance to cover Losses or Default Liability arising from clinical negligence by their respective organisations or contracts.

  • The Club excludes its Default Liability for any special, indirect or consequential loss, any loss of profit, use, bargain, production, business, revenue, use, contract or goodwill, and any liability of the Client for losses suffered by third parties.


More Definitions of Default Liability

Default Liability means (subject to Clause 6.1) any liability of the Club to the Client in respect of any breach of this Agreement by the Club, or any negligence of the Club in performing this Agreement, or any misrepresentation by the Club before or after the date of this Agreement in connection with this Agreement, whether that liability arises in contract, tort, statute or otherwise.
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Servic e Contract to be payable by any Partner(s) to a Provider as a consequence of (i) breach of the Partner’s obligation(s) in whole or in part under a relevant Service Contract or (ii) any act or omission of a third party for which the Partner is, under the terms of a relevant Service Contract, liable to such Provider;
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Service Contract to be payable by any Partner(s) to the Provider as a consequence of (i) breach by any or all of the Partners of an obligation(s) (in whole or in part) under the relevant Service Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Service Contract, liable to the Provider. Environmental Information Regulations: the Environmental Information Regulations 2004 (SI 2004/3391) together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such regulations. Financial Contributions means the financial contributions made by each Partner to a Pooled Fund in any Financial Year.
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Services Contract to be payable by any Partner as a consequence of (i) breach by any or both of the Partners of any obligation(s) in whole or in part under a Services Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Service Contract, liable to a Provider or (iii) the outcome of judicial review proceedings or (iv) a determination of the Local Government and Social Care Ombudsman or the Health Services Ombudsman.
Default Liability means the Default Liability described and defined in clause 7.1 of this Agreement;
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Service Contract to be payable by any Partner(s) as a consequence of (i) breach by any or all of the Partners of an obligation(s) (in whole or in part) under a Service Contract or (ii) any act or omission of a third party for which any or all of the Partners are, under the terms of the relevant Service Contract, liable to a Provider or (iii) the outcome of judicial review proceedings or (iv) the determination of the Local Government and Social Care Ombudsman. Financial Contributions means the financial contributions made by each Partner to a Pooled Fund in any Financial Year.
Default Liability means any sum which is agreed or determined by Law or in accordance with the terms of a Services Contract funded from the BCF Pooled Fund to be payable by any Partner(s) as a consequence of (i) breach by both or either of the Partners of an obligation(s) in whole or in part under the relevant Services Contract or (ii) any act or omission of a third party for which either or both of the Partners are liable, under the terms of the relevant Services Contract. Disabled Facilities Grant: a means-tested grant that enables the home of disabled homeowners and private tenants to be adapted to meet their needs. Disclosing Partner: means the Partner that provides and discloses Confidential Information to the Receiving Partner; Dispute Resolution Procedure: the procedure set out in Clause 19; DPA 2018: means the Data Protection Xxx 0000 EIR: means the Environmental Information Regulations 2004;