Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("▇▇▇▇▇▇▇▇") and ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.
Appears in 6 contracts
Sources: Settlement Agreement, Master Settlement Agreement (Philip Morris Companies Inc), Master Settlement Agreement (Loews Corp)
Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("▇▇▇▇▇▇▇▇") and ▇▇▇▇▇ Brown & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.obligations.
Appears in 3 contracts
Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement
Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("▇▇▇▇▇▇▇▇") and ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.obligations.
Appears in 3 contracts
Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement
Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("“▇▇▇▇▇▇▇▇"”) and ▇▇▇▇▇ Brown & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("“B&W"”) with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.
Appears in 1 contract
Sources: Master Settlement Agreement
Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("▇▇▇▇▇▇▇▇") and ▇▇▇▇▇ Brown & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W B& W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.
Appears in 1 contract
Sources: Settlement Agreement
Corporate Structures. Due to the particular corporate structures of ▇.▇. ▇▇▇▇▇▇▇▇ Tobacco Company ("▇▇▇▇▇▇▇▇") and ▇▇▇▇▇ Brown & ▇▇▇▇▇▇▇▇▇▇ Tobacco Corporation ("B&W") with respect to their non-domestic tobacco operations, ▇▇▇▇▇▇▇▇ and B&W shall be severally liable for their respective shares of each payment due pursuant to this Agreement up to (and their liability hereunder shall not exceed) the full extent of their assets used in and earnings derived from, the manufacture and/or sale in the States of Tobacco Products intended for domestic consumption, and no recourse shall be had against any of their other assets or earnings to satisfy such obligations.
Appears in 1 contract
Sources: Master Settlement Agreement