No Joint Liability Sample Clauses

No Joint Liability. For greater certainty, the parties acknowledge and agree that where a Sale Transaction involves more than one Purchaser, the Purchasers in such Sale Transaction are not jointly liable for the payment of the purchase price for the Purchased Shares and any indebtedness purchased, but are only liable for their proportionate share.
No Joint Liability. The rights, duties, obligations and liabilities of the parties hereto shall be several and not joint or collective. Each party hereto shall be responsible only for its obligations as herein set out and shall be liable only for its share of the cost and expense as herein provided; it being the express purpose and intention of the parties that their interest in this Agreement and the rights and property acquired in connection herewith shall be held by them as tenants in common. Except for the tax election which the parties may have made, it is not the purpose or intention of this Agreement to create any mining partnership, commercial partnership or other partnership.
No Joint Liability. The liability of the Parties under this Agreement shall be several, and not joint and several. The Parties agree that nothing in this Agreement shall be construed as implying joint liability in any case and that each Party will be solely responsible for its own acts or omissions. If an action is brought by an outside Party against two or more Parties to this Agreement, the Parties agree that neither Party to this Agreement will be liable for an amount greater than its proportional contribution to any finding of negligence upon which such action is based.
No Joint Liability. It is understood that the liability of the Contractor, the liability of the separate Signatory Union(s), and the liability of Subcontractors shall be several and not joint. Each Signatory Union agrees that this Agreement does not have the effect of creating any joint employment status with the Owner, the Contractor and/or any Subcontractor.
No Joint Liability. (a) (i) The entry into this Agreement by the Total Parties does not make any of the Total Parties a party to or third party beneficiary under the CHK Agreement and (ii) the Total Parties shall have no rights or obligations under the CHK Agreement; provided, this clause (a) shall not limit the rights and obligations of the Parties under this Agreement.
No Joint Liability. The obligations of each Holder under this Agreement are several and not joint, and no Holder shall have liability to any person for the performance or non-performance of any obligation of any other Holder hereunder.
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No Joint Liability. No member of the American Physicians Service Group Inc. Affiliated Group shall be liable for the payment of the Shares to any Participant who is not an employee of that company or entity.
No Joint Liability. FIFA and the LOC are not jointly and severally liable to the Host Cities for their respective obligations under, or in relation to, this Host City Agreement, but only for their respective obligations pursuant to this Host City Agreement. For the avoidance of doubt, FIFA and the LOC are not considered to be partners in relation to the Competitions or otherwise, and the Host City acknowledges that it shall have no claims or rights against FIFA in case of a violation of any obligations of the LOC, and that it shall have no claims or rights against the LOC in case of a violation of any obligations of FIFA.
No Joint Liability. If the Closing occurs, then each of the representations, warranties and covenants of “Seller” in this Agreement and the Transaction Documents are made separately, and not jointly, by Fund IV and Fund IV Subsidiary, each in their capacity as “Seller,” and only as to the Properties owned by such entity. Without limiting the foregoing, but as an example and for the avoidance of doubt, if the Closing occurs: (i) Fund IV shall not be responsible or liable for a breach by Fund IV Subsidiary of a representation or warranty given by Fund IV Subsidiary or made with respect to the Property owned by Fund IV Subsidiary, or for breach by Fund IV Subsidiary of a covenant in this Agreement or any Transaction Document applicable to Fund IV Subsidiary or any Property of Fund IV Subsidiary; and (ii) Fund IV Subsidiary shall not be responsible or liable for a breach by Fund IV of a representation or warranty given by Fund IV or made with respect to the Property owned by Fund IV, or for breach by Fund IV of a covenant in this Agreement or any Transaction Document applicable to Fund IV or any Property of Fund IV.
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