Full Corporate Liability definition
Full Corporate Liability means, Your Company shall be fully liable to us for all Charges;
Full Corporate Liability means You shall be fully liable to us for all Charges;
Full Corporate Liability means Company or the applicable Company Affiliate is fully liable for all Charges on the Account and must settle directly with American Express or the applicable American Express Entity all Charges made by Card Members on the Account.
Examples of Full Corporate Liability in a sentence
For Corporate Cards under the setup of Full Corporate Liability or similar structure under Company’s Commercial Services Account Agreement with American Express Travel Related Services Company, Inc.
More Definitions of Full Corporate Liability
Full Corporate Liability as of a Determination Date that is April 1, means the amount determined in the Actuarial Report for the Valuation Year commencing on that April 1, prepared in accordance with the Security Protocol, that is the total of
i) the aggregate of all amounts each of which is the greater of:
A) the actuarial present value of the benefits under the Arrangement that will have accrued to the Determination Date with respect to an individual who is a Beneficiary as at the Determination Date; and
B) the actuarial present value of the benefits under the Arrangement that will have accrued with respect to the individual to March 31 of the Valuation Year; and
ii) the amount estimated by the Actuary to be the amount of expenses payable in order to disburse the Fund on the occurrence of an Event of Default; less the sum of:
iii) the value of any Property held by the Fund (other than the Letter of Credit) at the date the applicable Actuarial Report is prepared, other than the right to claim a refund of Refundable Tax; and
iv) the actual balance, if any, in the Refundable Tax account with the Canada Revenue Agency for the Arrangement at the date the applicable Actuarial Report is prepared.
Full Corporate Liability as of a Determination Date that is October 1 of the Valuation Year commencing on April 1 of that Valuation Year, means the amount determined in the Actuarial Report for the Valuation Year, prepared in accordance with the Security Protocol, that is the total of
i) the Full Corporate Liability, as of April 1 of the Valuation Year, and
ii) with respect to individuals who become Beneficiaries as of October 1 of the Valuation Year, the aggregate of all amounts each of which is the greater of:
A) the actuarial present value of the benefits under the Arrangement that will have accrued to the Determination Date with respect to such an individual and
B) the actuarial present value of the benefits under the Arrangement that will have accrued with respect to the individual to March 31 of the Valuation Year.
Full Corporate Liability means You shall be fully liable to Us for all Charges;
Full Corporate Liability. As of the 60th day following the invoice date, any outstanding amount remaining unpaid at that point will be subject to a charge of 4% of the outstanding amount This will be automatically applied without prior notice
Full Corporate Liability means, Your Company shall be fully liable zoals die gelden op de werkdag voorafgaand aan de verwerkingsdatum (American Express-wisselkoers), vermeerderd met 2,3% of zoals anderszins door toonus swforrdatllbCekheanrdggees;maakt.