Secondary liability definition

Secondary liability means an obli- gation to repay that only arises after an unsuccessful demand on another party.[58 FR 40321, July 28, 1993, as amended at 64FR 34517, June 28, 1999] § 614.4351 Computation of lending and leasing limit base.(a) Lending and leasing limit base. An institution’s lending and leasing limit base is composed of the permanent cap- ital of the institution, as defined in
Secondary liability means an obli- gation to repay that only arises after an unsuccessful demand on another party.[58 FR 40321, July 28, 1993, as amended at 64FR 34517, June 28, 1999] § 614.4351 Computation of lending and leasing limit base.(a) Lending and leasing limit base. An institution’s lending and leasing limit base is composed of the total capital (tier 1 and tier 2) of the institution, as defined in § 628.2 of this chapter, with adjustments applicable to the institu- tion provided for in § 628.22 of this chap- ter, and with the following further ad- justments:
Secondary liability means an obli- gation to repay that only arises after an unsuccessful demand on another party.[58 FR 40321, July 28, 1993, as amended at 64FR 34517, June 28, 1999] § 614.4351 Computation of lending and leasing limit base.(a) Lending and leasing limit base. An institution’s lending and leasing limit base is composed of the permanent cap- ital of the institution, as defined in§ 615.5201 of this chapter, with adjust- ments applicable to the institution provided for in § 615.5207 of this chapter, and with the following further adjust- ments:

Examples of Secondary liability in a sentence

  • Secondary liability Compensation benefits are always paid out of the contract that is most advantageous for the claimant.

  • Secondary liability does not require the existence of an agreement between the principal and the secondary party to commit the offence.

  • Secondary liability for aiding and abetting “reaches persons who do not engage in the proscribed activities at all, but who give a degree of aid to those who do.” Cent.

  • Secondary liability may also arise for conduct that occurs after the principal offence, by so-called accessories after the fact.

  • Secondary liability is sometimes referred to as “complicity liability”.“Human rights due diligence” refers to the processes and activities undertaken by business enterprises to identify, prevent and mitigate their adverse human rights impacts (see principles 17-21 and commentary of the Guiding Principles).Offences of “absolute liability” do not require proof that the defendant intended the relevant acts or harm, or that it was negligent, in order to establish legal liability.


More Definitions of Secondary liability

Secondary liability means an obligation to repay that only arises after an unsuccessful demand on another party.§614.4351 Computation of lending limit base.(a) Lending lim it base. An institution’s lending limit base is comprised of the permanent capital of the institution, as defined in§ 615.5201(h) of this chapter, with the adjustments provided for in§ 615.5210(d)(1), (d)(2) and (d)(4) of this chapter, and paragraphs (a)(1) and (a)(2) of this section.
Secondary liability means an amount that a person is personally liable for under section 12(4), 13(3)(c), 32(11), 33(1), or 34(1);
Secondary liability means an obligation to repay that only arises after an unsuccessful demand on another party. § 614.4351 Banks. No Farm Credit Bank, agricultural credit bank, or Federal intermediate credit bank may, directly or indirectly, make or discount a loan, or enter into a commitment to make or discount a loan to a borrower, if after such loan or commitment the aggregate principal amount of all loans and commitments outstanding to a borrower, computed in accordance with § 614.4357, and loans and commitments attributed to such borrower under the rules of attribution set forth in § 614.4358 exceeds 20 percent of the bank's capital, calculated on a monthly basis. § 614.4352 Direct lender associations. No direct lender association may make a loan or enter into a commitment to make a loan, if after such loan or commitment the aggregate principal amount of all loans and commitments outstanding to a borrower and loans and commitments attributed to such borrower under the rules of attribution set forth in § 614.4358, computed in accordance with § 614.4357, exceeds 20 percent of the association's capital, calculated on a monthly basis. § 614.4353 Federal land bank associations. No Federal land bank association may assume endorsement liability on any loan or commitment outstanding to a borrower or attributed to a borrower under the rules of attribution set forth in § 614.4358, if after such endorsement the total of the association's endorsement liability on loans and commitments outstanding to or attributed to such borrower, computed in accordance with § 614.4357, would exceed 20 percent of the association's capital, calculated on a monthly basis.
Secondary liability means a liability of a person (referred to as the “primary liability”) that another person is personally liable for under Article 16(4), 40(3)(c), 41(12), 42(8), 43(10), 46(1), 47(1), or 48(1) of
Secondary liability means the liability of a person (“P”) for the crime or tort of another person, based on P’s contribution to that crime or tort.
Secondary liability means an obligation to repay that only arises after an unsuccessful demand on another party.
Secondary liability means a liability of a person (referred to as the “primary liability”) that another person is personally liable for under Article 16 (4), 40 (3) (c),