Liability Period definition

Liability Period means the reporting period of a delinquent tax or tax liability, or, in the case of tax liabilities determined as a deficiency, all reporting periods included in the assessment of such deficiency. For purposes of determining the earlier of two or more liability periods, the beginning date of each liability period is used.

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Liability Period the period starting on the Assignment Date and ending on the date that the Assignee is released from the Tenant’s Obligations under the 1995 Act;

Liability Period means each 12 month period commencing on the Effective Date and on each anniversary thereafter. A liability event giving rise to separate causes of action will be considered a single liability event and deemed to have occurred when the first liability event occurred. If the liability event occurs: (i) prior to execution of this Agreement, it shall be deemed to have occurred during the first 12 months of this Agreement, and (ii) after termination or expiration of this Agreement, it shall be deemed to have occurred during the last 12 months of this Agreement.

Examples of Liability Period in a sentence

Where Council becomes aware of any Defect during the carrying out of the Supply or during the Defects Liability Period (if applicable), it may direct the Contractor by notice to, at its own cost and risk, rectify the Defect (by any one or more of repair, replacement or re-performance as determined by Council).
If the Employer shall enter and expel the Contractor under this Clause he shall not be liable to pay the Contractor any money on account of the Contract until the expiration of the Defects Liability Period, and thereafter until the costs of completion and making good any defects of the Works, damages for delay in completion (if any), and all other expenses incurred by the Employer have been ascertained and their amount certified by the Engineer.
Processing Unless otherwise expressly agreed by the Client in writing, the duration of the processing shall be from the date of this agreement until the end of the Defects Liability Period.
Any repairs or replacement Goods, or re-performed or rectified Services, provided by the Contractor will be subject to the same warranties as the original Supply from the date of repair, replacement, re-performance or rectification and the Defects Liability Period will recommence from such date.
For the due performance of the Contract, The Supplier will be required to provide a Performance Bond within (7) calendar days from the date of the Letter of Acceptance to the value of five percent (5%) of the Contract Value, obtained from a Bank registered in the Sultanate of Oman, and valid for the whole of the Contract and Defects Liability Period.

More Definitions of Liability Period

Liability Period means the period starting on the date of this Agreement and ending on the date on which:

Liability Period has the meaning given to it in paragraph 1.2 of schedule 2;

Liability Period means the period between May 22, 1991 and

Liability Period means the period during which the Tenant remains liable to the Landlord under the Lease or the Landlord and Tenant (Covenants) ▇▇▇ ▇▇▇▇; Premises means the premises let by the Lease and known as Dreamland Amusement Centre, Marine Terrace, Margate, Kent; Term means the term granted by the Lease;

Liability Period has the meaning given in sub-clause 9.3(a) [Defects Liability Period];

Liability Period means the period as identified in the in the Key Information Table with such period commencing on the end of the Term or if earlier, the termination of this Agreement.

Liability Period means the period between the Commencement Date for class members and the Preliminary Approval Date.