Common use of Several, Not Joint, Obligations Clause in Contracts

Several, Not Joint, Obligations. The obligations of each Manager under this Agreement are several and not joint with the obligations of the other Manager, and no Manager shall be responsible in any way for the performance of the obligations of the other Manager under this Agreement.

Appears in 4 contracts

Samples: Transaction and Management Fee Agreement (SMART Global Holdings, Inc.), Transaction and Management Fee Agreement (Interactive Data Holdings Corp), Transaction and Management Fee Agreement (Interactive Data Corp/Ma/)

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Several, Not Joint, Obligations. The obligations of each Manager under this Agreement are several and not joint with the obligations of the other ManagerManagers, and no Manager none of the Managers shall be responsible in any way for the performance of the obligations of the any other Manager under this Agreement.

Appears in 1 contract

Samples: Tax Receivable Agreement (Change Healthcare Holdings, Inc.)

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