Severalty of Obligations. The obligations under this Agreement of each Party and the separate and several obligations of that Party and are not joint obligations with respect to any other person. No Party shall be responsible or liable for the obligations of or any action taken or omitted to be taken by any other Party hereunder.
Appears in 2 contracts
Samples: Governance and Voting Agreement (Acre Realty Investors Inc), Stock Purchase Agreement (Roberts Realty Investors Inc)
Severalty of Obligations. The obligations under this Agreement of each Party and are the separate and several obligations of that Party and are not joint obligations with respect to any other personPerson. No failure by any Party to perform its obligations under this Agreement shall relieve any other Party of any of its obligations hereunder, and no Party shall be responsible or liable for the obligations of of, or any action taken or omitted to be taken by by, any other Party hereunder.
Appears in 2 contracts
Samples: Corporate Governance (Landmark Apartment Trust of America, Inc.), Corporate Governance Agreement (Landmark Apartment Trust of America, Inc.)
Severalty of Obligations. The obligations under this Agreement of each Party and the separate and several obligations of that Party and are not joint obligations with respect to any other person. No failure by any Party to perform its obligations under this Agreement shall relieve any other Party of any of its obligations hereunder, and no Party shall be responsible or liable for the obligations of or any action taken or omitted to be taken taken, by any other Party hereunder.
Appears in 1 contract
Samples: Corporate Governance (Landmark Apartment Trust of America, Inc.)
