Common use of Rights and Performance Obligations of Joint Clause in Contracts

Rights and Performance Obligations of Joint. Venturers are joint (a) Each right of the User under this Agreement can only be exercised by the User or by [delete highlighted words where the Joint Venturers are all signatories in their own right] the Joint Venturers jointly. (b) Each Joint Venturer will be jointly liable in respect of each Performance Obligation of the User (other than any Performance Obligation expressed to be imposed on an individual Joint Venturer).

Appears in 15 contracts

Samples: Standard Access Agreement, Standard Access Agreement, Standard Access Agreement

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Rights and Performance Obligations of Joint. Venturers are jointjoint‌ (a) Each right of the User under this Agreement can only be exercised by the User or by [delete highlighted words where the Joint Venturers are all signatories in their own right] the Joint Venturers jointly. (b) Each Joint Venturer will be jointly liable in respect of each Performance Obligation of the User (other than any Performance Obligation expressed to be imposed on an individual Joint Venturer).

Appears in 1 contract

Samples: User Agreement

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