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. (b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 5 contracts
Samples: Access Agreement, Access Agreement, Access Agreement
Liability of JV Participants. β
(a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c40.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
(b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 4 contracts
Samples: Access Agreement, Standard Access Agreement, Access Agreement
Liability of JV Participants. (a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c39.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
(b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 1 contract
Samples: Access Agreement
Liability of JV Participants. (a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c25.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
(b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 1 contract
Samples: Funding Agreement
Liability of JV Participants. (a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c33.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
(b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 1 contract
Samples: Access Agreement
Liability of JV Participants. (a) The liability of each JV Participant under this Agreement will, subject to clause 36.4(c39.4(c), be several in respect of Financial Obligations in proportion to their respective percentage interests.
(b) Each JV Participant will be jointly and severally liable in respect of the performance of any obligations under this Agreement that are not Financial Obligations.
Appears in 1 contract
Samples: Access Agreement
