Common use of No Implied Obligations Clause in Contracts

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement and in the Warrant Certificates, and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement and Release Agreement (Macatawa Bank Corp), Warrant Agreement (Macatawa Bank Corp)

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No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.Warrant

Appears in 4 contracts

Samples: Common Stock Warrant Agreement (Tracon Pharmaceuticals, Inc.), Warrant Agreement (Sirna Therapeutics Inc), Warrant Agreement (Cell Genesys Inc)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty not be under any obligation to take any action hereunder which may tend to involve it in any expense or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.liability, the

Appears in 1 contract

Samples: Common Stock Warrant Agreement (GTX Inc /De/)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty not be accountable or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.under

Appears in 1 contract

Samples: Debt Warrant Agreement (Hs Resources Inc)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty not be under any obligation to take any action hereunder which may tend to involve it in any expense or responsibility liability, the payment of which within a reasonable time is not, in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the reasonable opinion, assured to it. The Warrant Certificates.Agent shall

Appears in 1 contract

Samples: Warrant Agreement (Gen Probe Inc)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement and in the Warrant Certificates, and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.or

Appears in 1 contract

Samples: Warrant Agreement (Alion Science & Technology Corp)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically explicitly set forth in this Agreement and in the Warrant Certificates, herein and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty not be under any obligation to take any action hereunder that may involve it in any expense or responsibility liability, the payment of which within a reasonable time is not, in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificatesopinion, assured to it.

Appears in 1 contract

Samples: Warrant Agreement (Diamond Offshore Drilling, Inc.)

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No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.not be

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Senomyx Inc)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no not be under any obligation to take any action hereunder which may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any duty or responsibility in case of any default for the use by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.any of the

Appears in 1 contract

Samples: Warrant Agreement (Idm Pharma, Inc.)

No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are specifically set forth in this Agreement herein and in the Warrant Certificates, Certificates specifically set forth and no implied duties or obligations of the Warrant Agent shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall have no not be under any obligation to take any action hereunder which may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any duty or responsibility in case of any default for the use by the Company in the performance of its covenants or agreements contained in this Agreement or in the Warrant Certificates.the

Appears in 1 contract

Samples: Debt Warrant Agreement (TRW Inc)

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