Sentence examples similar to Liability extinguished from inspiring English sources
Investors will only get their reserved cash when the potential liability has been extinguished.
In other words, the accumulated capital gains tax liability is utterly extinguished.
By its essential nature, immunity extinguishes liability before litigation gets underway, just as a vaccine immunizes the patient against disease, and thus differs from a "defense" to liability.
As Chancellor Bouchard memorably observed, Corwin was never intended to be a "massive eraser" capable of extinguishing liability for conduct far removed from a ratifying vote, and no doctrine can or should confer a litigation benefit on the basis of a vote that was actually coerced or materially uninformed.
That provision is to the effect that penalties and liabilities theretofore incurred are not to be extinguished by the repeal of a statute 'unless the repealing Act shall so expressly provide,' and to support prosecutions in such cases the statute is to be treated as remaining in force.
Liability for tax incurred on the use of an article is not extinguished or reduced because of any subsequent sale or lease of the article even if such sale or lease would have been exempt if the article had been sold or leased prior to use.
He extinguished grouchiness.
It was quickly extinguished.
The flame is extinguished.
Sprinklers extinguished the fire.
