No Joint Liability. For greater certainty, the parties acknowledge and agree that where a Sale Transaction involves more than one Purchaser, the Purchasers in such Sale Transaction are not jointly liable for the payment of the purchase price for the Purchased Shares and any indebtedness purchased, but are only liable for their proportionate share.
No Joint Liability. The rights, duties, obligations and liabilities of the parties hereto shall be several and not joint or collective. Each party hereto shall be responsible only for its obligations as herein set out and shall be liable only for its share of the cost and expense as herein provided; it being the express purpose and intention of the parties that their interest in this Agreement and the rights and property acquired in connection herewith shall be held by them as tenants in common. Except for the tax election which the parties may have made, it is not the purpose or intention of this Agreement to create any mining partnership, commercial partnership or other partnership.
No Joint Liability. Section 22.1 It is the intent of the parties that liability under this Agreement shall be between the individual Employers and the Union and shall be several and not joint.
No Joint Liability. The liability of the Parties under this Agreement shall be several, and not joint and several. The Parties agree that nothing in this Agreement shall be construed as implying joint liability in any case and that each Party will be solely responsible for its own acts or omissions. If an action is brought by an outside Party against two or more Parties to this Agreement, the Parties agree that neither Party to this Agreement will be liable for an amount greater than its proportional contribution to any finding of negligence upon which such action is based.
No Joint Liability. It is understood that the liability of the Contractor, the liability of the separate Signatory Union(s), and the liability of Subcontractors shall be several and not joint. Each Signatory Union agrees that this Agreement does not have the effect of creating any joint employment status with the Owner, the Contractor and/or any Subcontractor.
No Joint Liability. No member of the American Physicians Service Group Inc. Affiliated Group shall be liable for the payment of the Shares to any Participant who is not an employee of that company or entity.
No Joint Liability. FIFA and the LOC are not jointly and severally liable to the Host Cities for their respective obligations under, or in relation to, this Host City Agreement, but only for their respective obligations pursuant to this Host City Agreement. For the avoidance of doubt, FIFA and the LOC are not considered to be partners in relation to the Competitions or otherwise, and the Host City acknowledges that it shall have no claims or rights against FIFA in case of a violation of any obligations of the LOC, and that it shall have no claims or rights against the LOC in case of a violation of any obligations of FIFA.
No Joint Liability. Notwithstanding anything to the contrary in this Agreement, all representations, warranties, covenants, liabilities and obligations under this Agreement are several, and not joint, except among the Ancora Investors collectively as a party to this Agreement and among the Eminence Investors collectively as a party to this Agreement, and neither the Ancora Investors nor Eminence Investors will be liable for any breach, default, liability or other obligation of such other party.
No Joint Liability. Notwithstanding anything to the contrary in this Agreement, all representations, warranties, covenants, liabilities and obligations under this Agreement are several, and not joint, except among the Kingdon Investors collectively as a party to this Agreement and among the Velan Investors collectively as a party to this Agreement, and neither the Kingdon Investors nor the Velan Investors will be liable for any breach, default, liability or other obligation of such other party.
No Joint Liability. If a Sale Transaction involves more than one Buyer, the Buyers in that Sale Transaction are not jointly liable for the payment of the purchase price for the Purchased Shares and Shareholder Debt, if any, purchased, and each Buyer is only liable to pay the purchase price for that portion of the Purchased Shares and Shareholder Debt, if any, that it is purchasing.
