Liability of the Sellers. The Sellers (including any Additional Sellers) shall be jointly and severally liable for all obligations, covenants, representations and warranties of the Sellers arising under or related to this Agreement or any Supplement. Except as provided in the preceding sentence, the Sellers shall be liable only to the extent of the obligations specifically undertaken by them in their capacities as Sellers. Each other Seller hereby authorizes and empowers Citibank to execute and deliver, on behalf of such Seller, as attorney-in-fact or otherwise, all documents and other instruments required or permitted to be delivered by such Seller under this Agreement or any Supplement, and to do and accomplish all other acts and things required or permitted to be done or accomplished by such Seller hereunder or thereunder.
Liability of the Sellers. 14.1 It is agreed and understood that the Sellers are and shall be jointly liable for any obligations under this agreement. Each Seller shall be so liable in proportion to the percentage of his/her shareholding interest in the Company as set opposite such Seller’s name in column (D) of Schedule 1.
Liability of the Sellers. 70 Section 7.02. Merger or Consolidation of, or Assumption of the Obligations of, the Sellers................................ 70 Section 7.03. Limitations on Liability of the Sellers.................... 71 Section 7.04. Liabilities................................................ 71
Liability of the Sellers. 15.1.1 Except as provided under Paragraph 15.1.4 below, any liability of the Sellers under this Agreement deriving from the indemnification obligations according to Article 12 for breach of representations and warranties shall be borne by the same in proportion to, respectively, the Alcedo Share, the Cap2 Share and the CEO Share and therefore any joint and several liability of the Sellers in this respect is expressly excluded.
Liability of the Sellers. 16.1 Xxxxxxxx and Xxxxxxxxx acknowledge and agree that any payments by Accepté for damages in relation to (i) the indemnities set out in Clause 13 and 14 and (ii) the Sellers’ Warranties set out Annex 10.1 and (iii) a Sellers’ Breach will be borne by Accepté, Xxxxxxxx and Wesselink severally and jointly (hoofdelijk aansprakelijk).
Liability of the Sellers. 19.1 In case of a Breach or a Tax Claim, and subject to Completion occurring, the relevant Seller shall be liable to the Purchaser for any and all Damages and/or Tax Liabilities incurred by the Purchaser or any of member of the Purchaser's Group as a consequence of such Breach or Tax Claim. The Purchaser's sole remedy towards the relevant Seller shall be a claim for compensation of Damages and/or Tax Liability, as applicable, in respect of such Breach or Tax Claim.
Liability of the Sellers. The liability of the Sellers under this Agreement shall be joint and several.
Liability of the Sellers. For the purpose of this Article 9, it is agreed as follows:
Liability of the Sellers. 11.1 The obligations of the Sellers under this Agreement are joint and several.
Liability of the Sellers. 31 9.2 LIMITATIONS................................................................................................31 9.3
