Jointly and severally indemnify

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August undefined, 2024

NettetThe bidder, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company he represents, both jointly and severally agrees to indemnify and save harmless Auctioneer and its officers, directors, employees, agents, attorneys and its consignors, from any and all actions, causes of ... Nettet16. apr. 2007 · One also sees jointly and severally and its adjectival counterpart, joint and several, used with obligations. For example, I’ve seen it recommended that in drafting …

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NettetSample 1. Joint Indemnification. 3.1. The Vendor and the Purchaser jointly hereby covenant and agree to indemnify and save harmless PVA at all times against and in … NettetBidder, whether acting as principal, agent, officer or director of an entity or otherwise, in any capacity, and the entity represented, both jointly and severally agree: To indemnify and hold harmless Booker Auction Company, its employees, agents, and its consignors (“Consignors”) from any and all actions, causes of action, suits, damages ... rlhe0845

jointly and severally Definition Law Insider

Nettet各担保人特此共同及单独与各 A 轮投资者订立如下承诺：. Multiple clients awarding engagements are jointly and severally liable. 授予业务约定的多名客户，负有共同和单独责任。. In any event, the issuer, the guarantor and the company, jointly and severally, will indemnify the recipient against the cost of ... Nettet26. jan. 2024 · A power of attorney is a legal document. People make them to give one or more other people the authority to make financial decisions on their behalf. The person making the power of attorney is called the ‘donor’ – or in Scotland, the ‘granter’. The person taking on responsibility is called the ‘attorney’. While a donor still has ... NettetThe obligation on the owners of a public-sector bank to be directly liable, jointly and severally, in the event that it is impossible to satisfy creditors' claims from the bank's … rlh clark university

Joint and Several Indemnification Sample Clauses Law …

NettetJoint and several liability is a legal doctrine applying in some states that allows an injured person to sue and recover from any one or more of several wrongdoers at his or her … Nettet7. apr. 2024 · Section 25 of the Act says that a partner is jointly and severally liable along with all other partners for an act done by the firm. The liability of the firm is co-extensive with that of a partner in case of any injury caused to a third party by such partner during his normal conduct of business. In the case of Income Tax Officer, Agra v. smt if final bossNettetfor 1 dag siden · (b)Each Underwriter agrees, severally and not jointly, to indemnify and hold harmless the Company, the directors of the Company, the officers of the Company who sign the Registration Statement and the Canadian Prospectus and each person, if any, who controls the Company within the meaning of either Section 15 of the … smt if protagonist

"NettetBidder, whether acting as principal, agent, officer or director of an entity or otherwise, in any capacity, and the entity represented, both jointly and severally agree: To indemnify and hold harmless Booker Auction Company, its employees, agents, and its consignors (“Consignors”) from any and all actions, causes of action, suits, damages ... " - Jointly and severally indemnify

Jointly and severally indemnify

Nettet20. mar. 2024 · Indemnification. 09:10 Mar 20, 2024. English to Croatian translations [PRO] Law/Patents - Law: Contract (s) English term or phrase: Indemnification. odjeljak Ugovora o korištenju usluga: 13. Indemnification. Customer shall defend, hold harmless and indemnify ******** (ime jedne tvrtke) and the ******* (ime druge tvrtke) and each of … Nettet30. apr. 2024 · It's generally easier to sue a single party who is jointly and severally liable, particularly where the other liable party is outside the jurisdiction. For joint and several …

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Nettet21. mai 2009 · Serbian translation: solidarna odgovornost. Where parties act together in a contract as partners they have joint and several liability. In addition to all the partners … Nettet3. nov. 2024 · Breach of Trust and the defences available. Trustees are jointly and severally liable for breach of trust to their beneficiaries where that breach has led to a loss to the trust fund. Common allegations of breach of trust include where a trustee: Distributes trust assets to a beneficiary who is not entitled to them under the terms of the trust ...

NettetSample 1. Several Indemnification. Subject to the limitations set forth in Section 9.5 hereof, each Stockholder, severally and not jointly, will indemnify, defend, and hold harmless … NettetThe obligation on the owners of a public-sector bank to be directly liable, jointly and severally, in the event that it is impossible to satisfy creditors' claims from the bank's assets Pursuant to the Brussels Accord of July 17, 2001, the guarantee obligation will remain in place for all liabilities existing on July 18, 2001, irrespective of their term and …

Nettet29. jan. 2024 · Jointly and severally is a legal term describing the liability of a group of people bound together by an agreement. It is most often seen in the context of a loan. NettetTranslations in context of "severally, or" in English-Chinese from Reverso Context: or severally

Nettet(jointly and severally with any other person liable under section 341(2) of the 1985 Act) to indemnify the company for any loss or damage resulting from the arrangement or transaction; The Facts. Mr Krikorian (A) and his son (K) were the only directors of Unigreg Ltd. Between 1996-1998 loan accounts were opened for both K and A.

NettetThis lack of challenges indicates that these guaranties have largely accomplished their goal of forcing borrower and guarantors to stay away from the typical bad boy acts enumerated in these guaranties, such as waste, fraud, misappropriation, bankruptcy, violation of SPE covenants or incurring subordinate debt without lender’s consent. smt if walkthroughNettetParamount Energy Operating Corp. (“PEOC”), in its personal capacity, and PEOC, as trustee of Paramount Operating Trust (“POT”) jointly and severally agree to indemnify and hold harmless Computershare Trust Company of Canada (the “Trustee”) and each of its directors, officers, employees and agents (collectively, the “Indemnified Parties” and … rlhc cathNettet3 The Contractor and the Specialist have agreed to jointly and severally warrant the Works and to jointly and severally indemnify the Employer, ... Specialist shall forthwith on demand fully indemnify the Employer in respect of all losses, damages, costs and expenses incurred by the Employer in remedying, rlhe-300Nettet5. aug. 2024 · jointly and severally译法及其意义~. 在法律文件中，可能经常会遇到jointly and severally，通常用于jointly and severally liable（应承担连带责任）。. 按责任 … rl headache\u0027sNettet19. apr. 2012 · Q: I have a fairly straightforward question regarding a sale of land transaction. I act for the seller and I have placed a fairly standard wording for an … smt if sword fusionNettetJoint, several and joint and several liability. by Practical Law Dispute Resolution. Where two or more persons are liable to another, they may be jointly liable, severally liable or jointly and severally liable. This note explains the concepts of joint, several, and joint and several liability in contract and tort. smt if guardianNettetShareholders' Indemnity. Each Shareholder agrees to indemnify, defend and hold I- Alliance Indemnified Parties harmless from and against all Losses incurred by I-Alliance … sm ticket website