Common use of Nature of Certain Obligations Clause in Contracts

Nature of Certain Obligations. The representations, warranties, and covenants in this Agreement are joint obligations. This means that the Sellers will be jointly responsible to the extent provided in §8 above for the entirety of any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Segmentz Inc), Stock Purchase Agreement (Segmentz Inc), Stock Purchase Agreement

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Nature of Certain Obligations. The Seller’s representations, warranties, and covenants in this Agreement are joint and several obligations. This means that the Sellers will be jointly and severally responsible to the extent provided in §8 above for the entirety of any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Segmentz Inc)

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Nature of Certain Obligations. The representations, warranties, and covenants in this Agreement are joint "Joint and Several" obligations. This means that the Sellers each Seller will be jointly responsible only to the extent provided in §Section 8 above for the entirety his or its Allocable Portion of any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Merger Agreement (Xpedior Inc)

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