Summary: According to IPIC, upon the completion of the transfer of assets, IPIC will directly assume liability for
all payment obligations.
Indeed, the Court notes, private parties often assume liability for
bonds in trade or commerce.
Congress may consider whether the federal government should assume liability for
costs associated with increasing ethanol blends," the lawmakers wrote to GAO.
The countries will assume liability for
their share of Opel's rescue package, broken down to the number of the employees at the sites of Opel in the countries.
An AUM Shinrikyo splinter group has agreed to assume liability for
paying compensation to survivors and bereaved families of victims of crimes committed by members of the religious cult in the 1980s and 1990s, two support groups for the victims said Friday.
Sellers want to be free of environmental liability after the sale, while buyers are reluctant to assume liability for
a potentially contaminated site.
What buyer wants to purchase the stock of an accountancy corporation and assume liability for
claims against the selling entity, such as malpractice or employment-based claims?
SAS and other European Union carriers have been lobbying governments to assume liability for
terrorist attacks against airlines but the Swedish infrastructure minister said that the Swedish government would prefer SAS to find a market solution to the problem.
If you want or expect someone else to assume liability for
your facilities, you also need to expect to pay.
S agreed to assume liability for
the payment of any transfer taxes imposed on D as a result of the transfer.
As part of the deal, which is conditional on clearance from the authorities in Dublin, UTV will assume liability for
County Media's net debt of about IRpounds 3 million.
Gateway operators transferring payments before the settlement is final assume liability for
those payments if the settlement is revoked.
Intertape will acquire specific assets, primarily related to slitting and packaging, but will not assume liability for
the plant closure or employee termination costs, " noted IPG's Chief Financial Officer, Andrew M.
Included in the terms, AARO will reimburse BBAN approximately $400,000 and assume liability for
certain debentures issued by BBAN totaling $500,000 in value.
The parties will jointly assume liability for
any finders fees which may be payable if and when the contemplated transaction closes.