Common use of Rights Several Clause in Contracts

Rights Several. 11. The rights of the Company, the Adviser and each Shareholder under this Deed shall be in all respects several and the failure of any one or more of them to perform obligations under any agreement shall in no way affect the rights of the others of them under or in connection with this Deed. It shall not be necessary for the Company, the Adviser or any other Shareholder to be joined as an additional party in any proceedings by a Shareholder to protect or enforce its rights and interests under this Deed. INVALIDITY

Appears in 3 contracts

Samples: Macquarie Infrastructure CO LLC, Macquarie Infrastructure CO Trust, Macquarie Infrastructure CO Trust

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Rights Several. 1110. The rights of the Company, the Adviser Company and each Shareholder under this Deed shall be in all respects several and the failure of any one or more of them to perform obligations under any agreement the Shareholders' Agreement shall in no way affect the rights of the others of them under or in connection with this Deed. It shall not be necessary for the Company, the Adviser Company or any other Shareholder to be joined as an additional party in any proceedings by a Shareholder to protect or enforce its rights and interests under this Deed. INVALIDITY.

Appears in 1 contract

Samples: Sew Coinvestment Agreement (Macquarie Infrastructure CO LLC)

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