Common use of Several not Joint Clause in Contracts

Several not Joint. The agreements, representations and obligations of the Parties under this Agreement are, in all respects, several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party.

Appears in 3 contracts

Samples: Restructuring and Plan Support Agreement (RAIT Financial Trust), Restructuring and Plan Support Agreement (RAIT Financial Trust), Plan Support Agreement (Franklin Credit Holding Corp/De/)

AutoNDA by SimpleDocs

Several not Joint. The agreements, representations and obligations of the Parties under this Agreement are, in all respects, several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party. [Remainder of page intentionally blank; remaining pages are signature pages.]

Appears in 2 contracts

Samples: Plan Support Agreement (Foamex International Inc), Plan Support Agreement (Goldman Sachs Group Inc/)

Several not Joint. The Except as otherwise expressly provided in this Agreement, the agreements, representations representations, and obligations of the Parties under this Agreement are, in all respects, are several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party. Failure by a Party to perform its obligations under the Agreement shall not affect the obligations of any other Party under this Agreement, except as otherwise expressly set forth herein.

Appears in 1 contract

Samples: Plan Support Agreement (Triangle Petroleum Corp)

Several not Joint. The agreements, representations representations, and obligations of the Parties under this Agreement are, in all respects, several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party.

Appears in 1 contract

Samples: Restructuring and Plan Support Agreement (Charge Enterprises, Inc.)

AutoNDA by SimpleDocs

Several not Joint. The agreements, representations and obligations of the Parties under this Agreement are, in all respects, several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party. 1 Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Foamex Plan.

Appears in 1 contract

Samples: Plan Support Agreement (D. E. Shaw Laminar Portfolios, L.L.C.)

Several not Joint. The agreements, representations and obligations of the Parties under this Agreement are, in all respects, several and not joint. Any breach of this Agreement by any Party shall not result in liability for any other non-breaching Party.. [Remainder of page intentionally blank; remaining pages are signature pages]

Appears in 1 contract

Samples: Plan Support Agreement (Apex Silver Mines LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!