Common use of Severalty of Obligations Clause in Contracts

Severalty of Obligations. The obligations under this Agreement of each Forest City Principal are the separate and several obligations of such Forest City Principal, and are not joint obligations with respect to any other Person. No failure by any Forest City Principal to perform its obligations under this Agreement will relieve any other Person of any of its obligations hereunder, and no Forest City Principal will be responsible or liable for the obligations of, or any action taken or omitted by, any other Forest City Principal hereunder.

Appears in 4 contracts

Samples: Registration Rights Agreement (Forest City Enterprises Inc), Registration Rights Agreement (Forest City Enterprises Inc), Voting Agreement (RMS LTD)

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