Liability for debts Sample Clauses
The 'Liability for debts' clause defines which parties are responsible for paying any outstanding debts or financial obligations related to the agreement. Typically, this clause clarifies whether liability rests with one party, both parties jointly, or in specific proportions, and may specify the types of debts covered, such as those incurred before or after the agreement's execution. Its core function is to allocate financial responsibility clearly, thereby preventing disputes over who must settle debts and ensuring that all parties understand their obligations.
Liability for debts. Students and their cosigners shall be liable for any and all costs (debts) incurred through the student’s use of the computers or access to the Internet including penalties for copyright violations.
Liability for debts. Staff shall be liable for any and all costs (debts) incurred through their use of the District’s computers or the Internet including penalties for copyright violations.
Liability for debts. The Members do not intend to be obligated either jointly or severally for the debts, liabilities or obligations of the Authority, except as may be specifically provided for in under Government Code section 895.2, as amended or supplemented. Provided, however, if any Member(s) of the Authority are, under such applicable law, held liable for the acts or omissions of the Authority caused by negligent or wrongful act or omission occurring in the performance of this Agreement, such parties shall be entitled to contribution from the other Members so that after said contributions each Member shall bear an equal share of such liability, as shown on the then-current attached Exhibit A.
Liability for debts. The Members do not intend through this Agreement to be obligated either jointly or severally for the debts, liabilities or obligations of the Agency, except as may be specifically provided for in Government Code § 895.2 as amended or supplemented; provided, however, that if any Member is held liable for the acts and omissions of the Agency caused by negligent or wrongful acts or omissions occurring in the performance of this Agreement, such Member shall be entitled to contribution from the other Members so that after such contribution each Member bears its proportionate share of the liability in accordance with Article 5.1
Liability for debts. Subject to Section 6, I will be liable to you for all Debt charged to the Account regardless of how it is incurred or who has incurred it, including if it is incurred by an Associate, or if it is incurred after the Card expiry date or after the termination of this Agreement and even though, in the case of a Co- Applicant or Associate, you send Account Statements to me or to the Co-Applicant or Associate. If there is a Co-Applicant, we will be jointly and severally liable to you for all of the Debt and all other terms that we have agreed to with you in this Agreement including any Debt incurred by the use or misuse of a Card issued to an Associate.
Liability for debts. Claims. Applied on behalf of or subject to the --------------------------- debts, contracts, liabilities or torts of the Person entitled or who might become entitled to such benefits, or subject to the claims of any creditor of any such Person.
Liability for debts. The Network shall be solely liable for any debts or obligations it incurs unless prior written consent from AVA has been obtained. AVA shall be solely liable for its own debts and obligations. Indemnification. Each party shall defend, indemnify and hold harmless the other against any claim arising from the negligence or willful misconduct of the indemnifying party, its agents and employees in the performance of its own activities.
Liability for debts. Members and their cosigners shall be liable for any and all costs (debts) incurred
Liability for debts. Any Venturer who incurs any obligation in the name and on the credit of the Venture in violation of this Agreement may be held individually liable by the other Venturers for the entire amount of the obligation thus incurred.
Liability for debts. The Limited Partner shall not be liable for any of the debts of the Partnership or be required to contribute any capital in addition to the contributions required by the provisions of Section 6.2. Notwithstanding any of the foregoing to the contrary, to the extent required by applicable law, a Partner receiving a distribution in part or full return of its Capital Contributions shall be liable to the Partnership for any sum, not in excess of such amount returned, plus interest, necessary to discharge the liabilities of the Partnership to creditors who extended credit or whose claims arose before such distribution, excluding liabilities of the Partnership represented by mortgage debt for which neither the Partnership nor any Partner has any personal liability.