Common use of Joint Liabilities Clause in Contracts

Joint Liabilities. The liability of the Founders, Founder Holdcos and the Founder Investment Entities under this Agreement shall be joint and several, while the liability of Youon Parties and any Founder, Founder Holdco or Founder Investment Entity shall be several and not joint.

Appears in 2 contracts

Sources: Shareholder Agreement (Hello Inc. /Cayman Islands/), Shareholder Agreement (Hello Inc. /Cayman Islands/)