Common use of Liability on Default Clause in Contracts

Liability on Default. No Underwriter shall be liable to the Company under this Section 9 with respect to a default by any of the other Underwriters.

Liability on Default. No Underwriter shall be liable to the Company Corporation under this Section 9 with respect to a breach or default contained in this Agreement by any of other Underwriter, such other Underwriter’s U.S. Affiliates or any Selling Firm engaged by such other Underwriter, as the other Underwriterscase may be.

Liability on Default. No Underwriter shall be liable to the Company under this Section 9 10 with respect to a default by any of the other UnderwritersUnderwriters or for any default resulting from the Company’s failure to comply with Applicable Securities Laws.

Liability on Default. No Underwriter shall will be liable to the Company under this Section 9 with respect to a breach or default by any of the other UnderwritersUnderwriter.

Liability on Default. No Underwriter shall be liable to the Company under this Section 9 11 with respect to a default by any of the other UnderwritersUnderwriters or another Underwriter’s U.S. Affiliate, as the case may be, or for any default resulting from the Company’s failure to comply with Applicable Securities Laws.