Group Liability Clause Samples

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Group Liability. Each Member of the Seller Group is and shall be jointly and severally liable for the covenants, conditions, provisions and agreements of this Agreement to be kept, observed and performed by any Member of the Seller Group; and the act or signature of, or notice from or to, any one or more of them with respect to this Agreement shall be binding upon each and all of the other Members of the Seller Group with the same force and effect as if each and all of them had so acted or signed, or given or received such notice.
Group Liability. No Acquired Company has any Liability for any Tax of any Person under Treasury Regulation Section 1.1502-6 (or any corresponding provision of any state, local or foreign Legal Requirement), or as a transferee or successor, or by Contract, assumption or otherwise. No Acquired Company is, and no Acquired Company has ever been, a member of an affiliated, consolidated, combined or unitary group filing for federal or state income Tax purposes, other than a group the common parent of which was and is the Company.
Group Liability. If more than one Tenant is signing this lease, all Tenants and Tenant’s parents agree to be held jointly and individually liable for all obligations under this lease, and any notice or service of legal papers on one Tenant shall be the same as if the notice was served on all Tenants. A+ Student Housing, LLC, requires parent guarantees and deposits from Tenants. In absence of these required documents and payments, Tenants understand that Owner may, at Owner’s sole discretion, render lease invalid after 14 days.
Group Liability. If more than one Tenant is signing this lease, all Tenants and Tenant’s parents agree to be held jointly and individually liable for all obligations under this lease, and any notice or service of legal papers on one Tenant shall be the same as if the notice was served on all Tenants.
Group Liability. Each of Parent, ARPL and ABPL is and shall be jointly and severally liable for the covenants, conditions, provisions and agreements of this Agreement to be kept, observed and performed by such Parties; and the act or signature of, or notice from or to, any one or more of them with respect to this Agreement shall be binding upon each and all of the other Licensor Parties with the same force and effect as if each and all of them had so acted or signed, or given or received such notice.
Group Liability. Except as provided in Sections 3.3(e), (f) or (g) and 3.5, the Level 3 Group's allocable share of the Combined State Income Tax Liability in each applicable state shall be equal to the Level 3 Pro-Forma Liabil▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ied below. The "Level 3 Pro- Forma Liability" shall equal the Combined State Income Tax Liability less the liability reflected on the Kiewit Group State Pro-Forma Return. The "Kiewit Group State Pro-Forma Return" means a combined Tax Return computed on a pro-forma basis for the Kiewit Group utilizing the combined apportionment factor applicable in the Combined State Income Tax Return and taking into account all income, loss and other Tax Items of the Kiewit Group and 50% of the income, loss and other Tax Items of the PKS Group, in each case utilizing such Tax Items to the same extent that they are utilized in the Combined State Income Tax Return, notwithstanding that such pro-forma computation may result in a negative Level 3 Pro-
Group Liability. No Acquired Company has any Liability for any Tax of any Person under Treasury Regulation Section 1.1502-6 (or any corresponding provision of any state, local or non-U.S. Legal Requirement), or as a transferee or successor, or by Contract (other than Contracts entered into in the Ordinary Course of Business not primarily related to Taxes), assumption or otherwise by operation of applicable Legal Requirements. No Acquired Company is, and no Acquired Company has ever been, a member of an affiliated, consolidated, combined, unitary or similar group filing for Tax purposes, other than a group the common parent of which was and is the Company.
Group Liability. Issue -- Incorporate terms in the RAA that address the responsibilities of a parent owner/manager when one or more of a "family" of registrars fails to comply with ICANN requirements. Background -- For business reasons, often related to enhancing access to the deleted names pool, some companies have chosen to establish multiple ICANN accredited registrars that are either wholly-owned or, in some other way, share management and resources. These groups range from two to over one hundred registrars in a group. Roughly two-thirds of all accredited registrars are part of a larger group. Most of these groups maintain a solid working relationship with ICANN due to their size and ongoing interaction on a variety of fronts. Occasionally, problems have arisen with one or more registrars within a group. Statement of Problem -- Under existing practices, each registrar accreditation is treated as a separate contract with a separate entity, though some efficiencies have been gained through batching invoices and other communications. Nevertheless, the opportunity exists for a subset of a group of commonly owned or managed registrars to pursue practices that are non-compliant with their ICANN contracts. At present, ICANN's recourse involves taking steps to address individual registrars, but does not have a direct contractual means for including the larger company and its other accredited entities in the process. Our experience has shown that failure to comply with some aspect of the ICANN contract can be symptomatic of larger problems within the company. In terms of group ownership/management, this could eventually affect more registrars within the group. Potential Outcomes

Related to Group Liability

  • Credit Union Liability If we do not properly complete a transaction according to this Agreement, we will be liable for your losses or damages not to exceed the amount of the transaction, except as otherwise provided by law. We will not be liable if: (1) your account contains insufficient funds for the transaction; (2) circumstances beyond our control prevent the transaction; (3) your loss is caused by your or another financial institution's negligence; or (4) your account funds are subject to legal process or other claim. We will not be liable for consequential damages, except liability for wrongful dishonor. We exercise ordinary care if our actions or nonactions are consistent with applicable state law, Federal Reserve regulations and operating letters, clearinghouse rules, and general financial institution practices followed in the area we serve. You grant us the right, in making payments of deposited funds, to rely exclusively on the form of the account and the terms of this Agreement. Any conflict regarding what you and our employees say or write will be resolved by reference to this Agreement.

  • Joint Liability 26.1. Notwithstanding anything contained herein or in any agreement between the Issuer and the RTA, the Issuer and the RTA shall be jointly and severally responsible and liable to CDSL, its participants and beneficial owners for compliance with all obligations under this Agreement as also under the Bye Laws and Operating Instructions.

  • Cross-Liability All required liability policies shall provide cross-liability coverage as would be achieve under the standard ISO separation of insureds clause.

  • Our Liability This section explains our liability to you only to the extent that any other agreements, notices or disclosures have not separately disclosed our liability. In no event shall we be liable to you for failure to provide access to your Online Banking or ▇▇▇▇ Payment services accounts. Unless otherwise required by applicable law, we are only responsible for performing the Online Banking and ▇▇▇▇ Payment services as delineated in this Agreement. We will be liable for the amount of any material losses or damages incurred by you and resulting directly from our gross negligence. We will not be liable to you in the following instances: 1. If through no fault of the Bank, you do not have enough money in your account to make the transfer. 2. If circumstances beyond our control (such as fire, flood, power outage, equipment or technical failure or breakdown) prevents the transfer despite reasonable precautions that we have taken. 3. If there is a hold on your account, or if access to your account is blocked, in accordance with banking policy. 4. If your funds are subject to a legal proceeding or other encumbrance restricting the transfer. 5. If your transfer authorization terminates by operation of law. 6. If you believe someone has accessed your accounts without your permission and you fail to notify the Bank immediately. 7. If you have not properly followed the instructions on how to make a transfer included in this Agreement. 8. If we have received incomplete or inaccurate information from you or a third party involving the account or transfer. 9. If we have a reasonable basis for believing that unauthorized use of your Password or account has occurred or may be occurring or if you default under this Agreement, the deposit account agreement, a credit agreement or any other agreement with us, or if we or you terminate this Agreement. IN NO EVENT SHALL WE HAVE ANY LIABILITY TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES RESULTING FROM OR ARISING OUT OF THIS AGREEMENT.

  • Indemnity/Liability You shall indemnify, and hold harmless RIM, the RIM Group of Companies, RIM's affiliates, suppliers, successors, agents, authorised distributors, (including Airtime Service Providers) and assigns and each of their directors, officers, employees and independent contractors (each a "RIM Indemnified Party") from any damages, losses, costs or expenses (including reasonable lawyers’ fees and costs) incurred by a RIM Indemnified Party, and at the RIM Indemnified Party’s request defend at Your expense any third party claim or proceeding brought against the RIM Indemnified Party, arising from: (a) infringement of patents or other intellectual property or proprietary rights arising from combining with or using any device (other than a BlackBerry Handheld Product), system or service in connection with Your BlackBerry Solution or any portion thereof; or (b) Your breach of this Agreement or any Addendum to this Agreement. No remedy herein conferred upon RIM is intended to be, nor shall it be construed to be, exclusive of any other remedy provided herein or as allowed by law or in equity, but all such remedies shall be cumulative.