Severally definition

Severally means, when characterizing any obligation of certain Parents under this Agreement, such obligation will be undertaken severally, not jointly; provided, that with respect to any obligation relating to Sky or Sky GP, such obligation will be performed by Xxxxxx and Xxxx in the following proportions: Xxxxxx – 76% and Iris – 24%.
Severally or “Several” shall mean that with respect to the obligations of any Reinsurer, each agrees only for its own part, and not one for the other, in accordance with its individual, respective Certificate or several subscription to the Policy as set forth in Schedule A.
Severally means that each deponent separately swears to the oath or made the declaration as they would if doing it alone.

Examples of Severally in a sentence

  • Or, the Landlord can bring suit against any one Student separately (Severally) for all of the unpaid rent.

  • Severally: Single signature Please fill in the required information for each Authorised Signatory.

  • Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Agent date LEAD-BASED PAINT PROVISIONS: Tenant has received, read and understands Landlord's lead-based (LBP) disclosures and the Lead-Based Paint: Protect Your Family Pamphlet.

  • FORD MOTOR CREDIT COMPANY, a DelawareCorporation, and VARSITY LINCOLN-MERCURY, a Michigan Corporation, Jointly and Severally, Defendants.

  • Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Agent date NONSTANDARD RENTAL PROVISIONS ADDENDUM Equipment or Structure Failure In the unlikely event of equipment or structure failure, i.e., refrigerator, oven, air conditioner, roof, window, skylight, laundry equipment, etc., Landlord will make timely and reasonable efforts to repair such equipment or structure as possible during normal business hours.


More Definitions of Severally

Severally means each Stockholder is liable alone for his or her own share of a claim, proportionate to that Stockholder's percentage ownership of the Company Shares as reflected in Section 3.A(e) of the Company Disclosure Schedule.
Severally or similar terms shall mean, with respect to any applicable obligation, that such obligation is limited as to each Person so obligated in the proportion by which such Person’s shares of Xxxxxx Stock immediately prior to the Effective Time bears to the total number of outstanding shares of Xxxxxx Stock immediately prior to the Effective Time. For example, if a Shareholder holds 10% of the outstanding Xxxxxx Stock immediately prior to the Effective Time, such Shareholder’s liability with respect to a $100,000 obligation of the Shareholders that is Several would be $10,000.
Severally means, as used with respect to indemnification, the indemnifying party’s Pro Rata Portion of any individual indemnification claim.
Severally. : This means that each person listed in the document can serve with a single signature. It's crucial that such persons listed communicate closely with each other and that they do not have competing interests.
Severally means (a) with respect to the issuance of the Notes, or the allocation or payment of any amount in respect of the Notes including any funding fee, to Partners and Executive, that 99.14179832% of such amount shall be allocated or paid to Partners and 0.85820168% shall be allocated or paid to Executive, and (b) with respect to the issuance of the Shares, or the allocation or payment of any amount in respect of the Shares, to Partners and Executive, that 99.14179832% of such amount shall be allocated or paid to Partners and 0.85820168% shall be allocated or paid to Executive.
Severally means each Stockholder shall be liable only for such Stockholder's Common Proportionate Share of any Buyer Indemnifiable Losses. Buyer Indemnifiable Losses resulting from or arising out of the breach by a Stockholder of any representation or warranty contained in Section 3 or any covenant or agreement made by such Stockholder in this Agreement or in any Schedule, Exhibit or certificate delivered under or in connection with this Agreement shall be satisfied solely by recourse to such breaching Stockholder's Common Proportionate Share of the Indemnity Escrow and only to the extent of such breaching Stockholder's Common Proportionate Share of the Indemnity Escrow (subject to the option of such breaching Stockholder to pay in cash rather than Escrowed Shares in accordance with the terms of the Indemnification Escrow Agreement).
Severally means the pro rata share of the Sellers' ownership of the Company and as set forth: Robert Frauenheim - 27.95%; Daniel Frauenheim - 21.03%; and Christina Xxxxxx - 00.00%.