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Common use of Liability Several Clause in Contracts

Liability Several. No Borrower shall be liable for the obligations of any other Borrower hereunder.

Appears in 14 contracts

Sources: Credit Agreement (Commonwealth Edison Co), 364 Day Credit Agreement, 364 Day Credit Agreement (Exelon Corp)

Related Clauses

  • Joint and Several Liabilities
  • Joint and Several Liability
  • Joint and Several
  • Liability & Indemnity
  • Liability Cap

Parent Clauses

  • Miscellaneous
  • Organizational Matters
  • Nature and Scope of Agreement
  • Deletion of ComEd as a Borrower
  • General Provisions

Sub-Clauses

  • DEFINITIONS AND ACCOUNTING TERMS
  • Content of Advice Notes
  • Method of despatch
  • Pool Funds Administrator's responsibilities
  • Payment to Pool Creditors
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