Sentence examples for share of liability from inspiring English sources

The joint operating agreement among the three companies states that their share of liability corresponds to the level of ownership.

The amounts demanded by BP — $272 million from Anadarko and $111 million from Mitsui — reflect the provisions of each company's joint operating agreement with BP, which gives a share of liability equal to each company's share of ownership.

Seeking redress through civil suits, lawyers believe that the British Columbia judge in the Cariboo case set a national precedent when she assigned a 60percentt share of liability to the Anglican Church and 40percenttothethe federal government.

Scotland would accept a share of liabilities, he says.

I want to see an independent Scotland take on a fair share of liabilities.

The UK government, in the wake of a yes vote, will want Scotland to take its fair share of liabilities.

Mr. Obama also is seeking to limit consolidation in the financial sector, by placing curbs on the market share of liabilities at the largest firms.

If they say we [the rest of the UK] are the continuing state, we take all of the assets of the UK – remember the pound is a shared asset – then it flows from that that Scotland couldn't then be expected to take a share of liabilities.

That requires an unequivocal, if limited, sharing of liabilities.

Fiscal rules have been toughened, but creditor countries have resisted any sharing of liabilities.

In contrast, Ms. Merkel insists that there must be greater central control of national budgetary and economic policies to ensure they respect E.U. rules before any sharing of liabilities.