Common use of Obligations of Investors Clause in Contracts

Obligations of Investors. The Company acknowledges that the obligations of each Investor under this Exhibit A are several and not joint with the obligations of any other Investor, and no Investor shall be responsible in any way for the performance of the obligations of any other Investor under this Exhibit A. The decision of each Investor to enter into to this Exhibit A has been made by such Investor independently of any other Investor. The Company further acknowledges that nothing contained in this Exhibit A, and no action taken by any Investor pursuant hereto, 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 hereby. Each Investor shall be entitled to independently protect and enforce its rights, including without limitation, the rights arising out of this Exhibit A, 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: Asset Purchase Agreement (LCC International Inc), Subordinated Promissory Note (LCC International Inc), Subordinated Promissory Note (Wireless Facilities Inc)

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