Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) above concerning the sale of his Target Membership Interests to Buyer and the representations and warranties of each Seller in §3(a) above concerning the transaction are individual, and not joint and several, obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §8(b)(ii) above for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
Nature of Sellers’ Obligations. All representations, warranties, and covenants of Sellers in this Agreement are joint and several obligations. This means that each Seller shall be responsible to the extent provided in Section 8(b)(i) above for the entirety of any Adverse Consequences any Buyer Indemnitee may suffer as a result of any breach or inaccuracy thereof.
Nature of Sellers’ Obligations. Seller’s liability with respect to indemnification obligations under this Agreement shall be joint and several and each Person included in the definition of Seller shall (without duplication) be responsible for the entirety of any Losses that any Buyer Party may suffer.
Nature of Sellers’ Obligations. The liabilities of Sellers under this Agreement are joint and several. Sellers, jointly and severally, shall cause each Acquired Company to take, or refrain from taking, all actions as may be necessary or appropriate to implement this Agreement.
Nature of Sellers’ Obligations. All representations, warranties, covenants, obligations and agreements of each Seller hereunder are joint and several representations, warranties, covenants, obligations and agreements of all Sellers.
Nature of Sellers’ Obligations. (i) The covenants of each Seller in Section 2(a) above concerning the sale of his, her or its Company Shares to Buyer (but not with respect to the payment of any adjustment to the Purchase Price to the extent such adjustment exceeds the Purchase Price Escrow Amount), the representations and warranties of each Seller in Section 3(a) above concerning the transaction and the covenants of each Seller contained in Section 6 above are individual obligations. This means that the particular individual Seller making the representation, warranty or covenant shall be solely responsible to the extent provided in Section 8(b)(ii) above for any Damages Buyer may suffer as a result of any breach thereof.
Nature of Sellers’ Obligations. All representations, warranties, covenants of Sellers hereunder shall be joint and several obligations of Sellers.
Nature of Sellers’ Obligations. Except as otherwise provided herein, the obligations and liabilities of the Sellers under this Agreement are joint and several.
Nature of Sellers’ Obligations. (i) The covenants of each Seller in §2(a) concerning the sale of its Membership Interests to Buyer, the representations and warranties of each Seller in §3(a) and the covenants contained in §6(f), (g) or (i) are individual and not joint or several obligations. This means that the particular Seller making the representation, warranty, or covenant shall be solely responsible to the extent provided in §5(e) and §8(b) for any Adverse Consequences Buyer may suffer as a result of any breach thereof.
Nature of Sellers’ Obligations. Except as otherwise specifically provided in this Agreement (including with respect to Buyer’s ability to make claims against the Escrow Funds as provided herein), any and all liabilities and obligations of Sellers under or in respect of this Agreement are several and not joint or joint and several and are subject in all events to Section 12.7.
