Common use of Obligations of Purchasers are Several Clause in Contracts

Obligations of Purchasers are Several. Except as may otherwise be specifically provided in this Agreement, the liability of the Shareholders who purchase shares hereunder shall be several. Each Other Shareholder who purchases shares shall have no liability or responsibility for the performance of the obligations of any Other Shareholders who may be purchasing shares at the same time or otherwise in connection with the transaction.

Appears in 2 contracts

Samples: Shareholders' Agreement (Cellstar Corp), Stock Purchase Agreement (Cellstar Corp)

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Obligations of Purchasers are Several. Except as may otherwise be specifically provided in this Agreement, the liability of the Shareholders Stockholders who purchase shares Shares hereunder shall be several. Each Other Shareholder Stockholder who purchases shares Shares shall have no liability or responsibility for the performance of the obligations of any Other Shareholders other Stockholder who may be purchasing shares Shares at the same time or otherwise in connection with the same transaction.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Rentberry Inc.), Stockholders’ Agreement (Rentberry Inc.)

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