Common use of Liability of Joint Venturers Clause in Contracts

Liability of Joint Venturers. The obligations of the Joint Venturers hereunder are joint obligations and, in establishing that any breach of the obligations of the Joint Venturers or any of them under this Agreement has occurred, proof against any one or more of the Joint Venturers shall be sufficient proof as against all Joint Venturers. However, the liability of each individual Joint Venturer for any sum of money found to be payable in respect of any such breach or otherwise payable under this Agreement (including, but not limited to, Xxxxxxx 00, 00, 00 xxx 00) xxxxx xx limited to the percentage interest of that Joint Venturer in this Agreement as varied or adjusted from time to time pursuant to Clause 28.

Liability of Joint Venturers. The obligations of the Joint Venturers hereunder are joint obligations and, in establishing that any breach of the obligations of the Joint Venturers or any of them under this Agreement has occurred, proof against any one or more of the Joint Venturers shall be sufficient proof as against all Joint Venturers. However, the liability of each individual Joint Venturer for any sum of money found to be payable in respect of any such breach or otherwise payable under this Agreement (including, but not limited to, Xxxxxxx 00Clauses 26, 0032, 00 xxx 0033 and 35) xxxxx xx shall be limited to the percentage interest of that Joint Venturer in this Agreement as varied or adjusted from time to time pursuant to Clause 28.