No Joint or Several Liability Sample Clauses

No Joint or Several Liability. None of the Operating Subsidiaries or any of their respective Subsidiaries has any liability, either joint or several, for any Taxes owed by the Company.
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No Joint or Several Liability. To the extent a Broker offers shipments to Carrier under the TOS, the applicable rights, obligations, and liabilities of a Broker under the TOS, including, without limitation, payment of freight charges, shall solely be with the Broker identified in the Rate Confirmation Sheet and no other Broker nor their respective parent, subsidiary, or affiliate companies shall be responsible for any obligations or liabilities arising as result of such offering. Under no circumstances shall one Broker be jointly or severally liable for the obligations of any other Broker with respect to shipments under the TOS.
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No Joint or Several Liability. The parties agree that nothing contained in this Agreement is intended to imply or create any joint and several liability between the parties for the wrongful acts, omissions or negligence of any single party.
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No Joint or Several Liability. Nothing in this Agreement shall be construed to create any joint or several liability between or among Moffitt CCRI or any of its Affiliates. In respect to this Agreement and each of the Underlying Agreements, it is expressly acknowledged and understood that Moffitt CCRI and each of its Affiliates is separately responsible for its own acts and omissions thereunder and for any and all damages, claims, liabilities or judgments which may arise as a result of Moffitt CCRI’s or any of its Affiliates’ own negligence or intentional wrongdoing. Nothing in this Agreement shall be construed to place any responsibility for acts or omissions of Moffitt CCRI or any of its Affiliates onto any other Affiliate of Moffitt CCRI or onto Moffitt CCRI. Moffitt CCRI shall not have or be deemed to have any liability, direct or vicarious, for any act or omission by any Affiliate of Moffitt CCRI or any of their respective officers, directors, employees or agents in respect to any of the Underlying Agreements unless a direct signatory thereto and then only to the extent its interest appear.
Sample 1
No Joint or Several Liability. Each Lessee shall be liable for its obligations as Lessee under this Lease and the other Operative Agreements solely with respect to such obligations arising in connection with the Properties for which such Lessee has executed Lease Supplements and no Lessee shall be jointly or severally liable for the obligations of the other Lessees; provided, notwithstanding the foregoing, the Security Documents shall cross-collateralize the obligations of the Lessees.
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No Joint or Several Liability. This Agreement is not intended to and does not constitute a joint powers agreement nor does it create any joint and several liability. No Employer shall be responsible for any contributions, costs or distributions of any other Employer participating in the Program.
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No Joint or Several Liability. The applicable rights, obligations, and liabilities associated with the procurement of services from Broker pursuant to this Agreement, including, without limitation, freight charge payment, shall be solely those of the applicable Forest City Trading Group, LLC subsidiary identified as the “Shipper” for the particular service being performed by Broker and neither Forest City Trading Group, LLC nor any other Forest City Trading Group, LLC subsidiary shall be responsible for any obligations or liabilities arising as a result of such procurement. Under no circumstances shall Forest City Trading Group, LLC or any of its subsidiaries be jointly or severally liable for the obligations of any other subsidiary or affiliate with respect to the transactions contemplated by this Agreement.
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Related to No Joint or Several Liability

  • Joint and Several Liability Each Borrower agrees that it is jointly and severally liable for, and absolutely and unconditionally guarantees to Agent and Lenders the prompt payment and performance of, all Obligations and all agreements under the Loan Documents. Each Borrower agrees that its guaranty obligations hereunder constitute a continuing guaranty of payment and not of collection, that such obligations shall not be discharged until Full Payment of the Obligations, and that such obligations are absolute and unconditional, irrespective of (a) the genuineness, validity, regularity, enforceability, subordination or any future modification of, or change in, any Obligations or Loan Document, or any other document, instrument or agreement to which any Obligor is or may become a party or be bound; (b) the absence of any action to enforce this Agreement (including this Section) or any other Loan Document, or any waiver, consent or indulgence of any kind by Agent or any Lender with respect thereto; (c) the existence, value or condition of, or failure to perfect a Lien or to preserve rights against, any security or guaranty for the Obligations or any action, or the absence of any action, by Agent or any Lender in respect thereof (including the release of any security or guaranty); (d) the insolvency of any Obligor; (e) any election by Agent or any Lender in an Insolvency Proceeding for the application of Section 1111(b)(2) of the Bankruptcy Code; (f) any borrowing or grant of a Lien by any other Borrower, as debtor-in-possession under Section 364 of the Bankruptcy Code or otherwise; (g) the disallowance of any claims of Agent or any Lender against any Obligor for the repayment of any Obligations under Section 502 of the Bankruptcy Code or otherwise; or (h) any other action or circumstances that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor, except Full Payment of all Obligations.

  • No Additional Liability Nothing in this Coordination Agreement shall impose any liability or obligation on the part of any party to this Coordination Agreement to make any payment or disbursement in addition to any liability or obligation such party has under the Program Documents, except to the extent that a party has actually received funds which it is obligated to disburse pursuant to this Coordination Agreement.

  • Cap on Liability Notwithstanding anything to the contrary contained in this Agreement or in any Closing Document, the liability of the Sellers for Losses arising pursuant to or in connection with the representations, warranties, indemnifications, covenants or other obligations (whether express or implied) of the Sellers under this Agreement (or in any Closing Document) shall not exceed $50,000,000 in the aggregate under this Agreement and the Other PSAs combined (the “Cap”), however, the Buyer shall not make any claims for Losses in connection with the representations, warranties, indemnifications, covenants or other obligations (whether express or implied) of the Sellers under this Agreement unless such claims exceed $1,000,000 in the aggregate under this Agreement and the Other PSAs combined (the “Basket”) (at which point the Buyer shall be entitled to make a claim for the aggregate amount of Losses and not just amounts in excess of the Basket). Notwithstanding anything to the contrary contained herein, the Basket and Cap limitations set forth herein shall not apply to Losses suffered or incurred as a result of any breaches of the covenants and obligations of the Sellers set forth in Section 9.1, Article X, Article XII, and Section 14.3.

  • Contractual Liability Liability for payments under the Plan shall be the responsibility of the:

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