Severally definition
Severally means that each deponent separately swears to the oath or made the declaration as they would if doing it alone.
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, 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 ▇▇▇▇▇▇ and ▇▇▇▇ in the following proportions: ▇▇▇▇▇▇ – 76% and Iris – 24%.
Examples of Severally in a sentence
Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Agent date Both parties shall obey all governmental orders, rules and regulations related to the Premises, including local housing codes.
Tenant, Jointly & Severally Tenant, Jointly & Severally Tenant, Jointly & Severally Agent date 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.
You are Jointly and Severally required to clean, or have cleaned, all the windows you can reasonably reach on the inside of the premises during your tenancy.
Severally, on behalf of their respective Series of Shares, BY: Name: ▇▇▇▇▇▇ ▇.
You are Jointly and Severally required to have cleaned all the internal windows you can reasonably reach on the inside of the premises within 14 days before the end of your tenancy.
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 means that a Designated Stockholder would pay that percentage of the total amount to be indemnified equaling the Designated Stockholder's percentage interest of the total Merger Consideration, as described in Final Schedule 2.5(c).
Severally means each Shareholder's pro rata portion (based on such Shareholder's percentage ownership of the Company) of a Tax liability pursuant to Section 8.2(c).
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 ▇▇▇▇▇▇ - ▇▇.▇▇%.
Severally means that each Designated Stockholder is responsible for that portion of a representation and/or warranty that is equal to such Designated Stockholder's percentage interest of the total Merger Consideration as set forth on Final Schedule 2.5(c). To the extent that a representation is being made concerning the Designated Stockholders or other stockholders or directors and/or officers of the Company, then each Designated Stockholder shall be deemed to be making that representation only with respect to itself or himself. Any disclosure set forth with respect to a particular section shall be deemed to be disclosed in reference to all other applicable sections of this Agreement if the disclosure with respect to a particular section is sufficient on its face without additional inquiry to inform Parent or Sub of the information required to be disclosed in respect of the other sections to avoid a breach under the representation and warranty or covenant corresponding to such other sections. The fact that any item of information is contained in the Company Disclosure Schedule shall not be construed to mean that such information is required to be disclosed in this Agreement and such information shall not be used as a basis for interpreting the term "material" or "materiality" in this Agreement. The representations and warranties in Sections 3.5, 3.6, 3.13, 3.19, 3.20, 3.21, 3.22, 3.23 and 6.12 are being made by Lime Rock only to the extent of the Knowledge of Lime Rock.
Severally is used herein with respect to a Selling Shareholder, it shall mean several in proportion to the Pro Rata Share applicable to such Selling Shareholder.
Severally in the first sentence of paragraph (a) of this Section 7 mean that the respective obligations of the Company and each of the Principal Selling Securityholders are joint and several with the obligations of each other and each Other Selling Securityholder, but that the obligation of each of the Other Selling Securityholders is several and not joint with the obligations of the Company and other Selling Securityholders. The liability of each Selling Securityholder under this Agreement, including the indemnity, contribution and reimbursement provisions contained in Section 7 and Section 11 hereof, shall be limited to an amount equal to the gross proceeds from the sale of the Stock sold by such Selling Securityholder to the Underwriters, less the amount of the underwriting discount applicable to such Stock. The Company and the Selling Stockholders may agree, as among themselves and without limiting the rights of the Underwriters under this Agreement, as to the respective amounts of such liability for which each shall be responsible.