Common use of Independent Nature of Investors’ Obligations and Rights Clause in Contracts

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are several and not joint with the obligations of any other Investor hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreement. Each Investor 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 Investor to be joined as an additional party in any proceeding for such purpose.

Appears in 61 contracts

Samples: Registration Rights Agreement (Mabvax Therapeutics Holdings, Inc.), Registration Rights Agreement (Polarityte, Inc.), Registration Rights Agreement (Monster Digital, Inc.)

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Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are several and not joint with the obligations of any other Investor hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreement. Each Investor 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 Investor to be joined as an additional party in any proceeding for such purpose.

Appears in 11 contracts

Samples: Registration Rights Agreement (Starco Brands, Inc.), Registration Rights Agreement (Starco Brands, Inc.), Registration Rights Agreement (Verona Pharma PLC)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are several and not joint with the obligations of any other Investor Investors hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or theretohereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreement. Each Investor 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 Investor to be joined as an additional party in any proceeding for such purpose.

Appears in 4 contracts

Samples: Waiver and Consent (China Green Agriculture, Inc.), Waiver and Amendment Agreement (RINO International CORP), Waiver and Consent (China Green Agriculture, Inc.)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder under this Agreement are several and not joint with the obligations of any other Investor hereunderInvestor, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunderunder this Agreement. Nothing contained herein or in any other agreement or document delivered at any closingherein, and no action taken by any Investor pursuant hereto or theretohereto, shall be deemed to constitute the Investors 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. Each Investor has been represented by its own separate legal counsel in their review and negotiation of this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Neomagic Corp), Stock Purchase Agreement (Neomagic Corp), Stock Purchase Agreement (Neomagic Corp)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are is several and not joint with the obligations of any other Investor hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreement. Each Investor 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 Investor to be joined as an additional party in any proceeding for such purpose.

Appears in 2 contracts

Samples: Registration Rights Agreement (Click2learn Inc/De/), Registration Rights Agreement (Artisoft Inc)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder under this Agreement are several and not joint with the obligations of any the other Investor hereunderInvestors, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunderunder this Agreement. Nothing contained herein or in any other agreement or document delivered at any closingherein, and no action taken by any Investor pursuant hereto or theretohereto, shall be deemed to constitute the Investors 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 AgreementInvestment Transactions. 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.

Appears in 1 contract

Samples: Investment Agreement (Cumulus Media Inc)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are several and not joint with the obligations of any other Investor hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreement. Each Investor shall be entitled to protect and enforce its rights, including including, without limitation 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.

Appears in 1 contract

Samples: Registration Rights Agreement (Immune Pharmaceuticals Inc)

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Independent Nature of Investors’ Obligations and Rights. The rights and obligations of each Investor hereunder under any Agreement are several and not joint with the rights and obligations of any the other Investor hereunder, and no an Investor shall not be responsible in any way for the performance of the obligations of any the other Investor hereunderunder any Agreement. Nothing contained herein or in any other agreement or document delivered at any closingherein, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors 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 with respect to such obligations or the transactions contemplated by this Agreementhereby. 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 the other Investor to be joined as an additional party in any proceeding for such purpose.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aksys LTD)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder are several and not joint with the obligations of any other Investor hereunder, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Investor pursuant hereto or thereto, shall be deemed to constitute the Investors as a partnership, an association, a joint venture venture, or any other kind of entity, or create a presumption that the Investors are in any way acting in concert with respect to such obligations or the transactions contemplated by this Agreement. Each Investor shall be entitled to protect and enforce its his 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.

Appears in 1 contract

Samples: Registration Rights Agreement (Hunting Dog Capital Corp.)

Independent Nature of Investors’ Obligations and Rights. The obligations of each Investor hereunder under this Agreement are several and not joint with the obligations of any the other Investor hereunderInvestors, and no Investor shall be responsible in any way for the performance of the obligations of any the other Investor hereunderunder this Agreement. Nothing contained herein or in any other agreement or document delivered at any closingherein, and no action taken by any Investor pursuant hereto or theretohereto, shall be deemed to constitute the Investors 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 AgreementInvestment Transactions. 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.

Appears in 1 contract

Samples: Investment Agreement (Cumulus Media Inc)

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