Liability of JV Participants. (a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
Liability of JV Participants Sample Clauses
Related to Liability of JV Participants
Non-liability of City Officers and Employees No officer or employee of the City shall be personally liable to the Consultant, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to the Consultant or to its successor, or for breach of any obligation of the terms of this Agreement.
Liability of the Parties 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation.
