Common use of Liability Several Clause in Contracts

Liability Several. Except as otherwise provided herein, the rights, duties, obligations and liabilities of the Shareholders under the Company’s constating documents and this Agreement shall be several and not joint or collective. Except as otherwise provided herein or in the Transaction Documents, each Shareholder shall be responsible only for its obligations as set out in the Company’s constating documents, in this Agreement and in the Transaction Documents and shall be liable only for its share of costs and expenses as provided herein.

Appears in 4 contracts

Samples: Shareholders Agreement (Emerald Health Therapeutics Inc.), Shareholders Agreement (Village Farms International, Inc.), Shareholders Agreement (Village Farms International, Inc.)

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Liability Several. Except as otherwise provided herein, the rights, duties, obligations and liabilities of the Shareholders under the Company’s constating constitutional documents and this Agreement shall be several and not joint or collective. Except as otherwise provided herein or in the Transaction Documents, each Shareholder shall be responsible only for its obligations as set out in the Company’s constating constitutional documents, in this Agreement and in the Transaction Documents and shall be liable only for its share of costs and expenses as provided herein.

Appears in 1 contract

Samples: Shareholders Agreement (Empatan Public LTD Co)

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