Independent Nature of Each Purchaser’s Obligations and Rights Sample Clauses

Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.
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Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser and each Broker under this Agreement are several and not joint with the obligations of any other Purchaser or Broker, and each Purchaser and each Broker shall not be responsible in any way for the performance of the obligations of any other Purchaser or any Broker under this Agreement. Nothing contained herein and no action taken by any Purchaser or Broker pursuant hereto, shall be deemed to constitute such Purchasers and/or Brokers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers and/or Brokers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser and each Broker shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser or Broker to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. The decision of each Purchaser to purchase Common Stock and enter into this Agreement has been made by each Purchaser independently of any other Purchaser. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser acknowledges that no other Purchaser has acted as agent for the Purchaser in connection with making its investment in Common Stock and that no other Purchaser will be acting as agent of the Purchaser in connection with monitoring its investment in the Common Stock or enforcing its rights under this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Investor are several and not joint with the obligations of any other Investor, and each Investor shall not be responsible in any way for the performance of the obligations of any other Investor under this Agreement. Nothing contained herein, and no action taken by any Investor pursuant hereto, shall be deemed to constitute such Investor as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Investors are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Investor shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Investor to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. For avoidance of doubt, the obligations of the Purchaser under this Agreement are several and not joint with the obligations of any other purchaser under any other Subscription Agreement, and the Purchaser shall not be responsible in any way for the performance of the obligations of any other purchaser under any other Subscription Agreement. Nothing contained herein and no action taken by the Purchaser shall be deemed to constitute the Purchaser as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the purchasers Subscription Agreements are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement and any other Subscription Agreements. The Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other purchaser under any other Subscription Agreement to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under any Transaction Document are several and not joint with the obligations of any other Purchaser, and no Purchaser shall be responsible in any way for the performance of the obligations of any other Purchaser under any Transaction Document. The failure of any Purchaser to perform, or waiver by the Partnership of such performance, under any Transaction Document shall not excuse performance by any other Purchaser and such waiver shall not excuse performance by the Partnership with respect to any other Purchaser. Similarly, the waiver by any Purchaser of performance of the Partnership under any Transaction Document shall not excuse performance by the Partnership with respect to any other Purchaser, and such waiver shall not excuse performance by the Purchaser so waiving. Nothing contained herein or in any other Transaction Document, and no action taken by any Purchaser pursuant hereto or thereto, shall be deemed to constitute the Purchasers as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by the Transaction Documents. Each Purchaser shall be entitled to independently protect and enforce its rights, including the rights arising out of this Agreement or out of the other Transaction Documents, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser and each Placement Agent Holder under this Agreement are several and not joint with the obligations of any other Purchaser or Placement Agent Holder, and each Purchaser and each Placement Agent Holder shall not be responsible in any way for the performance of the obligations of any other Purchaser or any Placement Agent Holder under this Agreement. Nothing contained herein and no action taken by any Purchaser or Placement Agent Holder pursuant hereto, shall be deemed to constitute such Purchasers and/or Placement Agent Holders as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers and/or Placement Agent Holders are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this
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Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder, and each Note Conversion Shareholder under this Agreement are several and not joint with the obligations of any other Unit Purchaser, or the New Note Shareholder, or Placement Agent Shareholder, or Note Conversion Shareholder, and each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder and each Note Conversion Shareholder shall not be responsible in any way for the performance of the obligations of any other Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder under this Agreement. Nothing contained herein and no action taken by any Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder pursuant hereto, shall be deemed to constitute such Unit Purchasers, New Note Shareholder, Placement Agent Shareholder and/or Note Conversion Shareholders as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Unit Purchasers, the New Note Shareholder, Placement Agent Shareholders and/or Note Conversion Shareholders are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder and each Note Conversion Shareholder shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder to be joined as an additional party in any proceeding for such purpose.
Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder, and each Note Conversion Shareholder under this Agreement are several and not joint with the obligations of any other Unit Purchaser, or the New Note Shareholder, or Placement Agent Shareholder, or Note Conversion Shareholder, and each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder and each Note Conversion Shareholder shall not be responsible in any way for the performance of the obligations of any other Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder under this Agreement. Nothing contained herein and no action taken by any Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder pursuant hereto, shall be deemed to constitute such Unit Purchasers, New Note Shareholder, Placement Agent Shareholder and/or Note Conversion Shareholders as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Unit Purchasers, the New Note Shareholder, Placement Agent Shareholders and/or Note Conversion Shareholders are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Unit Purchaser, the New Note Shareholder, each Placement Agent Shareholder and each Note Conversion Shareholder shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Unit Purchaser, the New Note Shareholder, Placement Agent Shareholder, or Note Conversion Shareholder to be joined as an additional party in any proceeding for such purpose.

Related to Independent Nature of Each Purchaser’s Obligations and Rights

  • Independent Nature of Purchasers’ Obligations and Rights The obligations of each Purchaser under any Transaction Document are several and not joint with the obligations of any other Purchaser, and no Purchaser shall be responsible in any way for the performance or non-performance of the obligations of any other Purchaser under any Transaction Document. Nothing contained herein or in any other Transaction Document, and no action taken by any Purchaser pursuant hereto or thereto, shall be deemed to constitute the Purchasers as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by the Transaction Documents. Each Purchaser shall be entitled to independently protect and enforce its rights including, without limitation, the rights arising out of this Agreement or out of the other Transaction Documents, and it shall not be necessary for any other Purchaser to be joined as an additional party in any Proceeding for such purpose. Each Purchaser has been represented by its own separate legal counsel in its review and negotiation of the Transaction Documents. For reasons of administrative convenience only, each Purchaser and its respective counsel have chosen to communicate with the Company through EGS. EGS does not represent any of the Purchasers and only represents the Placement Agent. The Company has elected to provide all Purchasers with the same terms and Transaction Documents for the convenience of the Company and not because it was required or requested to do so by any of the Purchasers. It is expressly understood and agreed that each provision contained in this Agreement and in each other Transaction Document is between the Company and a Purchaser, solely, and not between the Company and the Purchasers collectively and not between and among the Purchasers.

  • Independent Nature of Holders’ Obligations and Rights The obligations of each Holder hereunder are several and not joint with the obligations of any other Holder hereunder, and no Holder shall be responsible in any way for the performance of the obligations of any other Holder hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Holder pursuant hereto or thereto, shall be deemed to constitute the Holders as a partnership, an association, a joint venture or any other kind of group or entity, or create a presumption that the Holders are in any way acting in concert or as a group or entity with respect to such obligations or the transactions contemplated by this Agreement or any other matters, and the Company acknowledges that the Holders are not acting in concert or as a group, and the Company shall not assert any such claim, with respect to such obligations or transactions. Each Holder shall be entitled to protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Holder to be joined as an additional party in any proceeding for such purpose. The use of a single agreement with respect to the obligations of the Company contained was solely in the control of the Company, not the action or decision of any Holder, and was done solely for the convenience of the Company and not because it was required or requested to do so by any Holder. It is expressly understood and agreed that each provision contained in this Agreement is between the Company and a Holder, solely, and not between the Company and the Holders collectively and not between and among Holders. ******************** (Signature Pages Follow)

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