Common use of No Joint and Several Liability Clause in Contracts

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.

Appears in 6 contracts

Samples: Investment Agreement (Great Atlantic & Pacific Tea Co Inc), Yucaipa Stockholder Agreement (Great Atlantic & Pacific Tea Co Inc), Yucaipa Stockholder Agreement (Pathmark Stores Inc)

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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.. [Signatures Appear on Following Pages]

Appears in 2 contracts

Samples: Voting Agreement, Voting Agreement

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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 StockholderBuyer, and no Stockholder Buyer will be liable for any breach, default, liability or other obligation of the other Stockholders Buyers party to this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Playa Hotels & Resorts N.V.)

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