Residual Liability Sample Clauses

Residual Liability. The allocation of liabilities associated with the employees of CRR, CRC or any of their respective Affiliates hereunder is intended merely to assign primary responsibility for such liabilities among the parties. Nothing in the Agreement shall be interpreted or construed as a restriction or limitation of the duties and responsibilities of CRR, CRC, their respective Affiliates and CSX with respect to employee-related liabilities as set forth in the Merger Agreement and Attachment A to the CRR Disclosure Schedule delivered in connection with the Third Amendment.

Residual Liability. If, following the completion of the Decommissioning Plan, any installations or pipelines are left in position, or not wholly removed, the Parties shall make provision for any continuing maintenance, including insurance, that may be necessary, in accordance with the Licences, the Acts, any applicable laws and good oilfield practice.

Residual Liability. (1) No Group Company has any actual or contingent liability in respect of Previously-occupied Land and Buildings. (2) No Group Company has given any guarantee or indemnity for any liability relating to any of the Properties, any Previously-occupied Land and Buildings or any other land or buildings.

Residual Liability. No member of the Group has any actual or contingent liability in respect of previously-owned (under whatever tenure) property, including by way of guarantee or indemnity.

Residual Liability. If either Party terminates this Agreement for frustration of purpose, neither Party shall after such termination have any liability to the other or otherwise relating to this Agreement, the Property, the SPBL, or the Residual Property, that has not accrued prior to such termination.

Residual Liability. 4.1 Neither the Company, nor any of its Subsidiaries, has any actual or contingent liability in respect of Previously-owned Land and Buildings 4.2 Save as set out in the Title Documents, neither the Company, nor any company that is or has at any time been a subsidiary of the Company, has given any guarantee or indemnity which is subsisting for any liability relating to any of the Properties, any Previously-owned Land and Buildings or any other land or buildings.

Residual Liability. Except as set forth on Section 4.20(d) of the Seller Disclosure Schedule, neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has any actual or contingent liability in respect of Previously-owned Land and Buildings. Neither the Holding Company, nor any company that is or has at any time been a Subsidiary of the Holding Company, has given any guarantee or indemnity for any liability relating to any of the Real Properties, any Previously-owned Land and Buildings or any other land or buildings.

Residual Liability. 17.4.1. As far as the Company is aware, neither the Company, nor any company that is or has at any time been a subsidiary of the Company, has any known actual or known contingent liability in respect of Previously-owned Land and Buildings.