No Joint and Several Liability. In no event will any party be held jointly and/or severally liable for any actions of any other party or all of the other parties.
No Joint and Several Liability. Notwithstanding anything to the contrary in this Agreement, all representations, warranties, covenants, liabilities and obligations under this Agreement are several, and not joint, to each Stockholder, and no Stockholder will be liable for any breach, default, liability or other obligation of the other Stockholders party to this Agreement.
No Joint and Several Liability. Notwithstanding anything to the contrary herein, Hersha Owner and the Other Sellers shall not be jointly liable under this Agreement and the Other APCAs, but rather (i) Hersha Owner shall only be liable for representations, warranties, covenants and other obligations directly relating to Hersha Owner and the Property as provided in this Agreement and (ii) each of the Other Sellers shall only be liable for representations, warranties, covenants and other obligations directly relating to such Other Seller and the applicable Other Property as provided in the applicable Other APCA. By approving the transactions contemplated hereby, no shareholder, member, partner, director, manager or officer of Hersha Owner or any of the Other Sellers shall have any personal liability hereunder for any obligations of Hersha Owner under this Agreement or for any obligations of any of the Other Seller under the Other APCAs.
No Joint and Several Liability. For the avoidance of doubt, the liability of each Borrower under this Agreement is several and not joint and each Borrower shall be liable only for its Obligations (and not those of the other Borrower) under this Agreement.
No Joint and Several Liability. Each Party to this Agreement assumes its own rights and obligations and does not assume the rights and obligations of any other Party.
No Joint and Several Liability. Notwithstanding any other provision of this Agreement, (i) all representations, warranties, covenants and obligations of each Founder or Growth Investor (as applicable) are several and not joint, and in no event shall a Founder or Growth Investor (as applicable) have any responsibility or liability with respect to the acts or omissions of the other Founders or Growth Investor (as applicable), (ii) all rights of each Founder or Growth Investor (as applicable) are several and not joint, and in no event shall a Founder or Growth Investor (as applicable) have any interest with respect to a right or property of the other Founders or Growth Investor (as applicable), and (iii) any liability pursuant to this Agreement that has to be allocated between the Founder or Growth Investor (as applicable) shall be allocated to each Founder or Growth Investor (as applicable) pro rata based on the percentage of the equity ownership of each Founder or Growth Investor (as applicable) in the Company.
No Joint and Several Liability. Nothing in this Settlement Agreement will be deemed to create any joint and several liability among any of the Parties.
No Joint and Several Liability. Notwithstanding anything herein to the contrary, PAYPAL and the Covered Third Parties shall not have any liability to any of the LML Entities for any actions or inactions of another defendant in the Lawsuits, or any other Entity against whom any of the LML Entities has asserted or may assert a claim for Infringement of a LML Patent.
No Joint and Several Liability. The parties acknowledge and agree that: (a) the obligations and liabilities of the Employee under this Agreement are several only, and will not be, nor construed to be, either joint with Xxxxx Xxxxx or joint and several with Xxxxx Xxxxx; and (b) the obligations and liabilities of the Employer under this Agreement are several only, and will not be, nor construed to be, either joint with High River or joint and several with High River.
No Joint and Several Liability. 22.2.1. Except otherwise stipulated in the Agreement (e.g. Article 27) each Party is liable for its own commitments only and Parties shall not bear joint and several liability (“geen hoofdelijkheid / pas de solidarité”).
22.2.2. The principle under Article 22.2.1 shall also be applicable in case of commitments jointly undertaken by the Parties or a subset of them (hereinafter “Relevant Parties”), it being understood however and for the avoidance of doubt, that in such circumstances:
(a) an evidenced breach of a jointly undertaken commitment, irrespective of any allocation of tasks between the Relevant Parties, constitutes a breach by each of the Relevant Parties; and
(b) any indemnification due as a result of such claim(s), shall be divided in equal parts between the Relevant Parties and each of such Relevant Parties shall only be held to pay such part to the claiming Party(ies). No single Relevant Party can be held to pay the whole amount for the other Relevant Parties and it is up to the Relevant Parties to organise recourse claims between them, by way of TCID and Nemo-Only Agreement respectively, or Local Arrangements, as the case may be.
