Responsibility for Debts Clause Samples

Responsibility for Debts. The Charter School is solely responsible for all debts incurred by the Charter School and its Governing Board. Except as agreed hereto, the Local Board and the State Board shall not be contractually bound to the Charter School or to any third party with whom the Charter School has a contract or from whom the Charter School has purchased goods or services.
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Responsibility for Debts. The Charter School is solely responsible for all debts incurred by the Charter School and its Governing Board. Except as agreed hereto, the SCSC shall not be contractually bound to the Charter School or to any third party with whom the Charter School has a contract or from whom the Charter School has purchased goods or services.
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Responsibility for Debts. Notwithstanding anything contained herein to the contrary, Buyer shall not be responsible for and is not assuming or agreeing to discharge any debts, liabilities or obligations of the Company and or the Seller, whether accrued now or hereafter, and whether known, unknown, contingent or otherwise.
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Responsibility for Debts. The Charter School is primarily responsible for all debts incurred by the Charter School and its Governing Board, except for those contracts for which the CSA exercises oversight or control.
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Responsibility for Debts. (a) Except as otherwise expressly set forth herein, the Wife represents and agrees that she has not heretofore, nor will she hereafter, incur or contract any debt, charge, obligation or liability whatsoever for which the Husband is or may become liable, except for those items specifically set forth on Schedule A hereof, which said items on Schedule A the Husband agrees to pay promptly. The Wife agrees to indemnify and hold the Husband harmless of all loss, expenses (including but not limited to reasonable attorneys’ fees) and damages in connection with or arising out of a breach by the Wife of her foregoing representation and agreement. The parties acknowledge that said debts for which the Husband is liable were incurred for the support and maintenance of the family in accordance with their living standard and that they are not properly dischargeable in any bankruptcy or insolvency proceeding. (b) Except as otherwise expressly set forth herein, the Husband represents, and agrees that he has not heretofore, nor will he hereafter incur or contract any debt, charge, obligation or liability whatsoever for which the Wife is or may become liable and that he shall assume and be solely liable for all liabilities and obligations for which the parties are or m y be jointly liable. The Husband agrees to indemnify and hold the Wife harmless of all loss, expen es (including reasonable attorneys’ fees) and damages in the event that a claim is made upon the Wife for the payment of any of the items set forth on Schedule A hereof or in connection with or arising out of a breach by the Husband of his foregoing representation and agreement. SCHEDULE A (Write “NONE” if no debts are to be paid by Husband.)
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Related to Responsibility for Debts

  • Responsibility for Damages Contractor is responsible for all damage that occurs as a result of Contractor’s fault or negligence or that of its’ employees, agents, or representatives in connection with the performance of this Contract. Contractor shall immediately report any such damage to people and/or property to the Contract Administrator.

  • Responsibility for Damage Resident is solely responsible for any damage, defacement or loss arising within the assigned bedroom space. All assigned residents of an apartment are jointly and severally responsible for any damage, defacement or loss to common areas, other parts of the Property, fixtures or appliances, except for the portion of damages over $100,000 where it is finally established that Resident or one or more other residents of the apartment were solely at fault for the entire loss, in which case such person(s) will be solely responsible. Resident is fully responsible for the conduct of Resident’s guests, visitors, licensees and invitees (“Guests”), including without limitation harm to individuals or damage or defacement of any part of the Property or its fixtures or property of third parties (including other residents) by such Guests.

  • Responsibility for Payment The Company shall not be responsible for the payment of time used by an employee in the investigation and settlement of a grievance.