Joint and several liabilities definition

Joint and several liabilities means members of a group are either individually or mutually liable for the entire amount of damage they have caused to the Bank;
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Examples of Joint and several liabilities in a sentence

  • Joint and several liabilities will not attach to the Party; no Party is responsible for the actions of any other Party, but is only responsible for those tasks accepted by it and to which it agrees in any subsequent funding agreement.

  • Pets, water-filed furniture/antennas and/or sate lite dishes Security Quiet enjoyment Joint and several liabilities Care and maintenance Right of entry Vehicles and parking Subleasing Pest control Liability / damage responsibility Termination: cleaning / repairs.

  • Joint and several liabilities will not attach to the Members; no Member is responsible for the actions of any other Member, but is only responsible for those tasks accepted by it and to which it agrees in any subsequent funding agreement.

  • Joint and several liabilities will not attach to the Parties; no Party is responsible for the actions of any other Party, but is only responsible for those tasks assigned to it and to which it agrees to in the Agreement.