Common use of Exculpation Among Purchasers Clause in Contracts

Exculpation Among Purchasers. Each Purchaser acknowledges that it is not relying upon any person, firm or corporation (including without limitation Xxxxxx or any other Purchaser), other than the Company and its officers and directors (acting in their capacity as representatives of the Company), in deciding to invest and in making its investment in the Company. Each Purchaser agrees that no other Purchaser nor the respective controlling persons, officers, directors, partners, agents or employees of any other Purchaser shall be liable to such Purchaser for any losses incurred by such Purchaser in connection with its investment in the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lpath, Inc), Securities Purchase Agreement (Lehman Brothers Holdings Inc)

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Exculpation Among Purchasers. Each Purchaser acknowledges that it is not relying upon any person, firm or corporation (including including, without limitation Xxxxxx or limitation, any other Purchaser), other than the Company and its officers and directors (acting in their capacity as representatives of the Company), in deciding to invest and in making its investment in the Company. Each Purchaser agrees that no other Purchaser nor the respective controlling persons, officers, directors, partners, agents or employees of any other Purchaser shall be liable to such Purchaser for any losses incurred by such Purchaser in connection with its investment in the Company.

Appears in 2 contracts

Samples: Preferred Stock Purchase and Recapitalization Agreement (Quantum Corp /De/), Series B Preferred Stock and Warrant Purchase Agreement (Soligen Technologies Inc)

Exculpation Among Purchasers. Each Purchaser acknowledges that it is not relying upon any person, firm or corporation (including without limitation Xxxxxx or any other Purchaser), other than the Company and its officers and directors (acting in their capacity as representatives of the Company), in deciding to invest and in making its investment in the Company. Each Purchaser agrees that no neither other Purchaser nor the respective controlling persons, officers, directors, partners, agents or employees of any other Purchaser shall be liable to such Purchaser for any losses incurred by such Purchaser in connection with its investment in the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Oragenics Inc), Stock Purchase Agreement

Exculpation Among Purchasers. Each Purchaser acknowledges that it is not relying upon any person, firm or corporation Person (including without limitation Xxxxxx or any other Purchaser), other than the Company and its officers and directors (acting in their capacity as representatives of the Company), in deciding to invest and in making its investment in the Company. Each Purchaser agrees that no other Purchaser purchaser nor the respective controlling persons, officers, directors, partners, agents or employees of any other Purchaser shall be liable to such Purchaser for any losses incurred by such the Purchaser in connection with its investment in the Company.

Appears in 1 contract

Samples: Subscription Agreement (Exploration Co of Delaware Inc)

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Exculpation Among Purchasers. Each Purchaser acknowledges that it is not relying upon any person, firm or corporation (including including, without limitation Xxxxxx or limitation, any other Purchaser), other than the Company and its officers officers, directors and directors agents (acting in their capacity as representatives of the Company), in deciding to invest and in making its investment in the Company. Each Purchaser agrees that no other Purchaser nor the respective controlling persons, officers, directors, partners, agents or employees of any other Purchaser shall be liable to such Purchaser for any losses incurred by such Purchaser in connection with its investment in the Company.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Soligen Technologies Inc)

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