Joint Liabilities definition

Joint Liabilities means the Borrower’s obligations in respect of certain joint ERISA, environmental and product liability obligations of the Borrower and ▇▇▇▇▇▇▇ Consumer, up to a maximum aggregate cash payment amount of $8,000,000.
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Joint Liabilities means Diversey’s obligations in respect of certain joint ERISA, environmental and product liability obligations of Diversey and SCJ, up to a maximum aggregate cash payment amount of $8.0 million.
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Joint Liabilities means each liability of Diageo, Pernod Ricard or any of their respective Affiliates, or any Jointly-▇▇▇▇▇ Entity which has been agreed by the parties, directly or indirectly, to be shared by Diageo and Pernod Ricard in the Diageo Proportion and the Pernod Ricard Propor▇▇▇▇ ▇espectively or which is expressed in this Agreement to be a Joint Liability, PROVIDED THAT Joint Liabilities do not include:-
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Examples of Joint Liabilities in a sentence

  • During the period from the date hereof through the Closing Date, ADI and Artistic shall endeavor in good faith to allocate between Assumed Liabilities and Excluded Liabilities the Joint Liabilities which otherwise have not been so allocated.

  • Such liabilities shall be Joint Liabilities or Shared Liabilities (as the case may be), save to the extent that such liabilities have been settled between the parties or their respective Affiliates in accordance with the Framework and Implementation Agreement, Schedule 9 or otherwise (whether before, on or after the date of this Agreement).

  • Schedule 4 and the Market Plan each set out brief details of certain pending claims, actions, demands or proceedings ("Proceedings") which have been brought or alleged by or against Diageo, Pernod Ricard, one or more of their respective Affiliates or one or ▇▇▇▇ Jointly-owned Entities and which the parties have agreed to treat as Shared Liabilities and/or Joint Liabilities.

  • No member of the CBS Group shall commence any litigation, arbitration, mediation or similar proceeding concerning coverage under the Policies for such Joint Liabilities or Joint Losses without the consent of New Viacom, which consent shall not be unreasonably withheld.

  • LITIGATION Schedule 4 and the Market Plan each set out brief details of certain pending claims, actions, demands or proceedings ("Proceedings") which have been brought or alleged by or against Diageo, Pernod ▇▇▇▇▇▇, one or more of their respective Affiliates or one or more Jointly-owned Entities and which the parties have agreed to treat as Shared Liabilities and/or Joint Liabilities.


More Definitions of Joint Liabilities

Joint Liabilities means JDI’s obligations in respect of certain joint ERISA, environmental and product liability obligations of JDI and S.C. Johnson & Son, Inc., up to a maximum aggregate cash payment amount of $8.0 million.
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