Common use of Exculpation among Holders Clause in Contracts

Exculpation among Holders. Xxxxxx acknowledges and agrees that it is not relying upon any other Holder, or any officer, director, employee partner or affiliate of any such other Holder, in making its investment or decision to acquire the Note or in monitoring this Note. Each Holder agrees that no Holder nor any controlling person, officer, director, shareholder, partner, agent or employee of any Holder shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with Bion or the Notes, or both.

Appears in 6 contracts

Samples: Promissory Note (Bion Environmental Technologies Inc), Convertible Promissory Note (Bion Environmental Technologies Inc), Convertible Promissory Note (Bion Environmental Technologies Inc)

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Exculpation among Holders. Xxxxxx acknowledges and agrees that it is not relying upon any other Holder, or any officer, director, employee partner or affiliate of any such other Holder, in making its investment or decision to acquire invest in the Note Notes or in monitoring this Notesuch investment. Each Holder agrees that no Holder nor any controlling person, officer, director, shareholder, partner, agent or employee of any Holder shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with Bion or the Notes, or both.

Appears in 6 contracts

Samples: Convertible Promissory Note (Bion Environmental Technologies Inc), Convertible Promissory Note (Bion Environmental Technologies Inc), Convertible Promissory Note (Bion Environmental Technologies Inc)

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Exculpation among Holders. Xxxxxx Holder acknowledges and agrees that it is not relying upon any other Holder, or any officer, director, employee partner or affiliate of any such other Holder, in making its investment or decision to acquire the Note or in monitoring this Note. Each Holder agrees that no Holder nor any controlling person, officer, director, shareholder, partner, agent or employee of any Holder shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with Bion or the Notes, or both.

Appears in 2 contracts

Samples: Warrant Agreement (Bion Environmental Technologies Inc), Warrant Agreement (Bion Environmental Technologies Inc)

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