Common use of Nature of Sellers’ Obligations Clause in Contracts

Nature of Sellers’ Obligations. The liabilities of Sellers under this Agreement are joint and several. Sellers, jointly and severally, shall cause each Acquired Company to take, or refrain from taking, all actions as may be necessary or appropriate to implement this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Share Exchange and Purchase Agreement (Strategabiz, Inc.)

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Nature of Sellers’ Obligations. The liabilities of Sellers under this Agreement are separate and are not joint and several. Sellers, jointly and severally, The Founder shall cause each Acquired Company to take, or refrain from taking, all actions as may be necessary or appropriate to implement this Agreement.

Appears in 1 contract

Samples: Stock and Membership Interest Exchange Agreement (Coconnect, Inc.)

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Nature of Sellers’ Obligations. The liabilities of Sellers under this Agreement are joint and several. Sellers, jointly and severally, shall cause each Acquired the Company to take, or refrain from taking, all actions as may be necessary or appropriate to implement this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fischer Watt Gold Co Inc)

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