Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership Interests to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Business Sale and Membership Interest (Penford Corp), Business Sale and Membership Interest (Penford Corp)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §Section 2(a) above concerning the sale of his its Target Membership Interests to Buyer and the representations and warranties of each Seller in §Section 3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §Section 8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Nature of Sellers’ Obligations. (ia) The covenants of each Seller in §2(a) Section 2.1 above concerning the sale of his Target Membership Interests Units to Buyer and the representations and warranties of each Seller in §3(a) Section 3.1 above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii) Section 8.2 above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Nature of Sellers’ Obligations. (ia) The covenants of each Seller in §2(a) Section 2.1 above concerning the sale of his Target Membership Interests Shares to Buyer and the representations and warranties of each Seller in §3(a) Section 3.1 above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, warranty or covenant shall be solely responsible to the extent provided in §8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.responsible
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Samples: Stock Purchase Agreement
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his his, her, or its Target Membership Interests Shares to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, individual obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii8(b) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Stock Purchase Agreement (General Employment Enterprises Inc)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership Interests his, her, or its SIMPLY WHIM Shares to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii6(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Nature of Sellers’ Obligations. (ia) The covenants of each Seller in §2(a) Section 2.1 above concerning the sale of his Target Membership Interests Shares to Buyer and the representations and warranties of each Seller in §3(a) Section 3.1 above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, warranty or covenant shall be solely responsible to the extent provided in §8(b)(iiSection 7.2(b) above for any Adverse Consequences Damages any Buyer Indemnified Party may suffer as a result of any breach thereof.
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Nature of Sellers’ Obligations. (i) The covenants of each Seller in §Section 2(a) above concerning the sale of his Target Membership Interests his, her, or its Company Shares to Buyer and the representations and warranties of each Seller in §Section 3(a) above concerning the transaction are individual, individual and not joint and several, or several obligations. This means that the particular Seller making the representation, warranty, or covenant shall will be solely responsible to the extent provided in §Section 8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Agreement and Plan of Merger (Fpic Insurance Group Inc)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §Section 2(a) above concerning the sale of his its Target Membership Interests Equity to Buyer and the representations and warranties of each Seller in §Section 3(a) above concerning the transaction are individual, and not joint and several, individual obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §Section 8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Securities Purchase and Exchange Agreement (TerrAscend Corp.)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership his, her, or its Company Interests to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall will be solely responsible to the extent provided in §8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Limited Liability Company Membership Interest Purchase Agreement (Hythiam Inc)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership Interests or her Nano Units to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii6(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Nature of Sellers’ Obligations. (ia) The covenants of each Seller in §2(a) above Section 2 concerning the sale of his or her Target Membership Interests Shares to Buyer and the representations and warranties of each Seller in §3(a) Section 3.1 above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii) above Section 6 for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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Samples: Stock Purchase Agreement (Cinedigm Digital Cinema Corp.)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership Interests to Buyer and Other than the representations and warranties of each Seller contained in §3(a) above concerning Section 3.1, the transaction are individualrepresentations, warranties, and not covenants of Sellers in this Agreement are joint and several, several obligations. This means that that, subject to the particular limitations set forth in Sections 8.2(c) and (e), each Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(iiSections 8.2(a) and 8.2(b) above for the entirety of any Adverse Consequences Losses suffered by Buyer may suffer as a result of any breach thereof.
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Samples: Membership Interest Purchase Agreement (Crocs, Inc.)
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §Section 2(a) above concerning the sale of his his, her, or its Target Membership Interests Shares to Buyer and the representations and warranties of each Seller in §Section 3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §Section 8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
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