Common use of Independence of Obligations Clause in Contracts

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, on the other. The existence of any claim or cause of action by Shareholder against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 6 contracts

Samples: Arrangement Agreement (Ad.Venture Partners, Inc.), Agreement and Plan of Merger and Reorganization (Arris Pharmaceutical Corp/De/), Agreement and Plan of Merger and Reorganization (Arris Pharmaceutical Corp/De/)

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Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or ParentBuyer, on the other. The other hand, and the existence of any claim or cause of action by Shareholder against the Company or Parent Buyer shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 3 contracts

Samples: Non Competition and Non Solicitation Agreement (Pioneer Power Solutions, Inc.), Non Competition and Non Solicitation Agreement (Cleanspark, Inc.), Merger Agreement (Groupon, Inc.)

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Support Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, on the other. The existence of any claim or cause of action by Shareholder against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 1 contract

Samples: Voting and Support Agreement (Servidyne, Inc.)

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company Corporation or Parent, on the other. The existence of any claim or cause of action by Shareholder against the Company Corporation or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 1 contract

Samples: Merger Agreement (Caere Corp)

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Support Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, on the other. The existence of any 1 Bracketed language for individuals only. claim or cause of action by Shareholder against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 1 contract

Samples: Voting and Support Agreement (Servidyne, Inc.)

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, Citizens on the other. The , and the existence of any claim or cause of action by Shareholder against Suncrest, Citizens, Parent, or any of their respective Affiliates (or the Company existence of any claim or cause of action by Citizens or Parent against Shareholder, as the case may be), shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder, or against Citizens or Parent, as the case may be.

Appears in 1 contract

Samples: Merger Agreement (CVB Financial Corp)

Independence of Obligations. The covenants and obligations of the Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between the Shareholder, on the one hand, and the Company or Parent, on the otherother hand. The existence of any claim or cause of action by the Shareholder against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against the Shareholder.

Appears in 1 contract

Samples: Tender and Support Agreement (Elevate Entertainment Inc.)

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Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, Citizens on the other. The , and the existence of any claim or cause of action by Shareholder against Community, Citizens, Parent, or any of their respective Affiliates (or the Company existence of any claim or cause of action by Citizens or Parent against Shareholder, as the case may be), shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder, or against Citizens or Parent, as the case may be.

Appears in 1 contract

Samples: Merger Agreement (CVB Financial Corp)

Independence of Obligations. The covenants and obligations of the Shareholder set forth in this Affiliate Agreement shall be construed as independent of any other agreement or arrangement between the Shareholder, on the one hand, and the Company Company, Merger Sub or Parent, on the other. The existence of any claim or cause of action by the Shareholder against the Company Company, Merger Sub or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against the Shareholder.

Appears in 1 contract

Samples: Merger Agreement (Kenan Transport Co)

Independence of Obligations. The covenants and obligations of Shareholder set forth in this Affiliate Agreement Section shall be construed as independent of any other agreement or arrangement between Shareholder, on the one hand, and the Company or Parent, on the other. The existence of any claim or cause of action by Shareholder against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against Shareholder.

Appears in 1 contract

Samples: Merger Agreement (Rogue Wave Software Inc /Or/)

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