Summary: According to IPIC, upon the completion of the transfer of assets, IPIC will directly assume liability for
all payment obligations.
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?
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.
Electrolux will also assume liability for
loans of some DEM 400 million from Daimler Benz/AEG.
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.
TransTexas will assume liability for
substantially all litigation relating to the assets and businesses to which TransAmerican is currently a party, including issues in TransAmerican's bankruptcy, imparting additional risk to the credit.
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 notion that Penn Central might be responsible is particularly egregious because Penn Central was not paid in the Valuation Case settlement to assume liability for
these known problems.