Common use of Obligations of the Purchasers Clause in Contracts

Obligations of the Purchasers. Each Purchaser's obligations and the obligations of the Company hereunder are subject to the execution and delivery of this Agreement by the other Purchasers. The obligations of each Purchaser shall be several and not joint and no Purchaser shall be liable or responsible for the acts or omissions of any other Purchaser.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Neoprobe Corp), Securities Purchase Agreement (Transtechnology Corp)

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Obligations of the Purchasers. Each Purchaser's obligations and the obligations of Holdings and the Company Borrower hereunder are subject to the execution and delivery of this Agreement by the other Purchasers. The obligations of each Purchaser shall be several and not joint and no Purchaser shall be liable or responsible for the acts or omissions of any other Purchaser.. 57

Appears in 1 contract

Samples: Securities Purchase Agreement (Aviall Inc)

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Obligations of the Purchasers. Each Purchaser's obligations obligation and the obligations of the Company hereunder are subject to the execution and delivery of this Agreement by the other Purchasers. The obligations of each Purchaser shall be several and not joint and no Purchaser shall be liable or responsible for the acts or omissions of any other Purchaser.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aqua Chem Inc)

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