Common use of Liability Joint and Several Clause in Contracts

Liability Joint and Several. If more than one party is named herein as Seller, then such parties hereby agree that the liability of each hereunder shall be joint and several.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Agreement of Purchase and Sale

Liability Joint and Several. If more than one party is named herein as SellerSeller or Buyer, then such parties hereby agree that the liability of each hereunder shall be joint and several.

Appears in 1 contract

Sources: Purchase and Sale Agreement