Common use of Limitation on the Representative’s Liability Clause in Contracts

Limitation on the Representative’s Liability. Other than in its capacity as a Seller hereunder and without limitation to its obligations under any Transaction Document wherein the Representative acts in a capacity as the Representative, the Representative shall have no liability to the Buyer for any default under any Transaction Document by any other Seller. Except for intentional fraud or criminal activity, the Representative shall have no liability to any other Seller under any Transaction Document for any act or omission by the Representative on behalf of the other Sellers.

Appears in 1 contract

Sources: Equity Purchase Agreement (Caseys General Stores Inc)

Limitation on the Representative’s Liability. Other than in its capacity as a Seller Stockholder hereunder and without limitation to its obligations under any Transaction Document wherein the Representative acts hereunder in a its capacity as the Representative, the Representative shall have no liability to the Buyer for any default under any Transaction Document this Agreement by any other SellerStockholder. Except for intentional fraud or fraud, criminal activity, gross negligence or willful misconduct on its part, the Representative shall have no liability to any other Seller Stockholder under any Transaction Document this Agreement for any act or omission by the Representative on behalf of the other SellersStockholders.

Appears in 1 contract

Sources: Merger Agreement (Amn Healthcare Services Inc)

Limitation on the Representative’s Liability. Other than in its capacity as a Seller an Equityholder hereunder and without limitation to its obligations under any Transaction Document wherein the Representative acts hereunder in a its capacity as the Representative, the Representative shall have no liability to the Buyer and/or the Surviving Company for any default under any Transaction Document this Agreement by any other SellerEquityholder. Except for intentional fraud or fraud, criminal activity, gross negligence or willful misconduct on its part, the Representative shall have no liability to any other Seller Equityholder under any Transaction Document this Agreement for any act or omission by the Representative on behalf of the other SellersEquityholders.

Appears in 1 contract

Sources: Merger Agreement (Vocus, Inc.)