Liability Payment definition

Liability Payment has the meaning set out in Section 9.3 (General Obligation to Pursue Third Person Recovery);
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Liability Payment has the meaning set out in Section 9.3; “License” has the meaning set out in Schedule 7 [Lands];
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Liability Payment has the meaning set out in Section 9.3;
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Examples of Liability Payment in a sentence

  • Taxes and Liability: Payment of all federal, state and local taxes is the sole responsibility of the winner.

  • A team with a player who is later not invited or approved by the WBF and/or the USBF for any reason (such as residency, conduct, ethics, hygiene, etc.) may be disqualified should it win the 2017 Michael Seamon JUSBC.

  • The amount of any Retained Liability Tax Benefit in this Section 2.5 shall be calculated by comparing (i) Spinco’s actual Tax liability taking into account any Retained Liability Payment with (ii) what Spinco’s Tax liability would have been without taking into account any Retained Liability Payment.

  • WARNING: Online listeners to streamed broadcasts may experience a lag in transmissions.Taxes and Liability: Payment of all federal, state and local taxes is the sole responsibility of the winner.

  • Notwithstanding anything herein or in any other agreement to the contrary, in no event shall the Limited Partner have any entitlement to any other payment with respect to tax liability for any year other than the foregoing Tax Liability Payment for Fiscal Year 2017 (which takes into account the Presumed Tax Liability associated with a Tax Liability Payment made in Fiscal Year 2018 in respect of Fiscal Year 2017).

  • The portion of the Tax Liability Payment made by the Partnership shall be treated as a distributive share of profits with respect to the Limited Partner’s Class C Non-Equity Interests in the Partnership.

  • The Company shall cause any accrued but unpaid compensation as of the First Closing Date (as defined below) that is not paid out by the Permitted Liability Payment to be converted to shares of Common Stock at a price equal to the Purchase Price.

  • The amount of any Retained Liability Tax Benefit in this Section 2.5 shall be calculated by comparing (i) Rafael’s actual Tax liability taking into account any Retained Liability Payment with (ii) what Rafael’s Tax liability would have been without taking into account any Retained Liability Payment.

  • The portion of the Tax Liability Payment made by the Partnership shall be treated as a distributive share of profits with respect to the Limited Partner's Class C Non-Equity Interests in the Partnership.

  • The Tax Liability Payment with respect to each Applicable Year shall be paid to the Limited Partner by the Operating Group Entities no later than ten days prior to April 15 of the year after the relevant Applicable Year.


More Definitions of Liability Payment

Liability Payment has the meaning set out in Section 10.3 of this Agreement; “Licence” has the meaning set out in Schedule 20 [Lands];
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Liability Payment means a payment that Methodist received from a third-party liability source, including from a third-party liability automobile insurance carrier or from a patient’s own liability insurance policy, as part of a personal injury claim settlement or otherwise.
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Related to Liability Payment

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

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

  • Required Surety Payment With respect to any Additional Collateral Loan that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if any, of (a) the amount of Additional Collateral required at origination with respect to such Mortgage Loan over (b) the net proceeds realized by the Subservicer from the related Additional Collateral.

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Gross Liability Value means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an arm’s-length transaction.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.

  • Damage Payment means the dollar amount equal to the amount initially posted as Project Development Security pursuant to Section 8.4(a).

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Letter of Credit Indemnified Costs has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Loss in Excess of Policy Limits shall be defined as Loss in excess of the Policy limit, having been incurred because of, but not limited to, failure by the Company to settle within the Policy limit or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.