Common use of Joint and Several Liability of the Companies Clause in Contracts

Joint and Several Liability of the Companies. The obligations of the Companies to Indemnitee under this Agreement shall be, to the maximum extent permitted by applicable law, joint and several, but payments made by one Company shall not be in duplication of payments by another Company. The failure (by waiver, delay, consent, or otherwise) of Indemnitee to make a request for indemnification from one Company will not in any manner, or to any extent, vary or reduce the obligations hereunder of the other Company.

Appears in 11 contracts

Samples: Indemnification Agreement (Mmi Products Inc), Indemnification Agreement (Mmi Products Inc), Indemnification Agreement (Mmi Products Inc)

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