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

Appears in 2 contracts

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

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