Common use of Corporate Structures Clause in Contracts

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