Relevant Liability definition

Relevant Liability means any tax, social security contributions, levy, charge or other payroll deductions required by law arising out of or in connection with an Award for which the Participant is liable (or which may be recovered from the Participant) and for which any Group Member or former Group Member is obliged to pay or account to any relevant authority, or any reasonable estimate thereof;
Relevant Liability means any cost, charge, loss, damage, expense or liability which any person may suffer or incur:
Relevant Liability means the obligation of any person to make any

Examples of Relevant Liability in a sentence

  • For the avoidance of doubt, to the extent that the Relevant Liability does not arise as a result of any action or omission by the Indemnified Party or the management of the Indemnified Party and is only increased by such action or omission, the Indemnifying Party shall remain liable in respect of the Relevant Liability but shall not be liable in respect of such increase.

  • If upon the determination, adjudication or other resolution of all claims asserted during the Reserve Period, the total liability that the relevant ULHL Subsidiaries are found to be liable for by a competent court, tribunal or governmental authority (or upon settlement if applicable) (the “Relevant Liability”) is less than $1,000,000, the difference between (A) $1,000,000 and (B) the Relevant Liability shall be forthwith released to ULHL (to the extent not yet released to ULHL previously).

  • Save as provided in the first sentence of this Condition, IIP Central England shall in any event have no Relevant Liability for: (a) loss of profit, revenue, business, opportunity, contract, or goodwill; (b) any incidental or reliance expenditure; or (c) any indirect, special or consequential loss.

  • IIP Central England does not exclude any Relevant Liability for personal injury or death caused by its negligence, fraud, or breach of Condition 12 (CONFIDENTIALITY AND DATA PROTECTION).

  • Any Seller which has consented to delivery of Non-Voting Common Shares in settlement of the Relevant Liability and the Purchasers agree that the value of a Non-Voting Common Share is equal to the value of a share of voting common stock of BGM.


More Definitions of Relevant Liability

Relevant Liability means a liability in respect of which a contract of insurance must be in force to comply with Article 2 of the Law;
Relevant Liability has the meaning set forth in Section 1.6(i).
Relevant Liability means, in relation to any Cashout Amount or other settlement of an Award, an amount equal to any sums which the Service Recipient or any other Member of the Group are be obliged to deduct by law including (without limitation) the amount of income tax and social security (including national insurance) contributions for which such company has or is required to account to the taxation authorities in any jurisdiction as a consequence of a payment to the Participant of the Cashout Amount or other settlement of an Award;
Relevant Liability means any payment obligation of the Bank under any Relevant Indebtedness of the Bank or under any guarantee or indemnity given by the Bank in respect of any Relevant Indebtedness of any other person; and
Relevant Liability a liability in respect of which a contract of insurance must be in force to comply with part VI of the Road Traffic ▇▇▇ ▇▇▇▇;
Relevant Liability means a liability in respect of which a contract of insurance must be in force to comply with the 1986 Act and, for the purposes of this Agreement, that obligation is deemed to extend to a liability arising from the use of a trailer as a vehicle, where “trailer” has the meaning given in section 2 of the Traffic ▇▇▇ ▇▇▇▇;
Relevant Liability means any liability incurred by a relevant officer in respect of any act or omission in the actual or purported discharge or his duties or in the exercise or purposed exercise of his powers or otherwise as a relevant officer;