Common use of No Joint and Several Liability Clause in Contracts

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 Xxxxxxxxx or joint and several with Xxxxx Xxxxxxxxx; 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.

Appears in 1 contract

Samples: Co Manager Agreement (Icahn Enterprises Holdings L.P.)

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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 Bxxxx Xxxxx Xxxxxxxxx or joint and several with Xxxxx XxxxxxxxxBxxxx 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.

Appears in 1 contract

Samples: Co Manager Agreement (Icahn Enterprises L.P.)

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 Dxxxx Xxxxxxxxx or joint and several with Xxxxx Dxxxx Xxxxxxxxx; 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.

Appears in 1 contract

Samples: Co Manager Agreement (Icahn Enterprises L.P.)

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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 Xxxxxxxxx Xxxxx or joint and several with Xxxxx XxxxxxxxxXxxxx; 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.

Appears in 1 contract

Samples: Co Manager Agreement (Icahn Enterprises Holdings L.P.)

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