Purchaser Obligations are several Sample Clauses

Purchaser Obligations are several. The liability and obligation of each Purchaser under this Agreement is several, not joint, and neither Purchaser shall have any liability or obligation arising out of a breach by another Purchaser of its obligations, representations, warranties or covenants in this Agreement. In Witness Whereof each Party has executed this Agreement, or caused this Agreement to be executed by its duly authorised representatives. Schedule 1 (Details of the Group Companies) Part 1 (Details of the Company) Company name : Hess International Petroleum, Inc. Date of incorporation and place of incorporation : 8 September 1994, Cayman Islands Registration number : 55991 Registered office address : Sterling Trust (Cayman) Limited, Xxxxxxxxx Xxxxx, 000 Xxxxx Xxxxxx Xxxxxx, XX Xxx 0000, Xxxxxx Xxxx, Grand Cayman, KY1-1102, Cayman Islands Type of company : Exempted company with limited liability Authorised share capital : USD 50,000 consisting of 50,000 ordinary shares with a nominal value of USD 1 each Shareholding of the Seller : 100% Shareholder – number of issued shares : Seller - 35,001 ordinary shares with a nominal value of USD 1 each (subject to Clause 5.6) Directors : Xxxxxxx X Xxxx, Xxxx X Xxxxxx, Xxxx X Xxxx and Xxxxxxx X Xxxxxxx (4) Part 2 (Details of the Subsidiary) Company name : Hess Equatorial Guinea, Inc. Date of incorporation and place of incorporation : 30 September 1996, Cayman Islands Registration number : 68666 Registered office address : Sterling Trust (Cayman) Limited, Xxxxxxxxx Xxxxx, 000 Xxxxx Xxxxxx Xxxxxx, PO Box 1043, Xxxxxx Town, Grand Cayman, KY1- 1102, Cayman Islands Type of company : Exempted company with limited liability Authorised share capital : USD 5,000,000.00 divided into 500,000 ordinary shares with a nominal value of USD 10 each Shareholding of the Company : 100% Shareholder – number of issued shares : Company - 100,001 ordinary shares with a nominal value of USD 10 each Directors : Xxxxxxx X Xxxx, Xxxx X Xxxxxx, Xxxx X Xxxx and Xxxxxxx X Xxxxxxx (4) Schedule 2 (Completion Arrangements) Part 1 (Seller’s Obligations) At Completion, the Seller shall:
Sample 1
AutoNDA by SimpleDocs

Related to Purchaser Obligations are several

  • Stockholder Obligation Several and Not Joint The obligations of each Stockholder hereunder shall be several and not joint, and no Stockholder shall be liable for any breach of the terms of this Agreement by any other Stockholder.

  • Obligations Several Nothing contained in this Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. Internal Revenue Code of 1986. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. Internal Revenue Service.

  • Obligations of the Investors In connection with the registration of the Registrable Securities, the Investors shall have the following obligations:

  • OBLIGATIONS OF THE INVESTOR a. The Company shall notify the Investor in writing of the information the Company reasonably requires from the Investor in connection with any registration statement hereunder. The Investor shall furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.

  • Lender Obligations Several The failure of any Lender to make the Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, to make its Advance on the date of such Borrowing. No Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on the date of any Borrowing.

  • Independent Nature of Each Purchaser’s Obligations and Rights The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

  • Further Obligations of the Company Whenever the Company is required hereunder to register any Registrable Securities, it agrees that it shall also do the following:

  • Obligations Joint and Several Should more than one person or entity sign this Note as a Borrower, the obligations of each such Borrower shall be joint and several.

  • Shareholder Obligations Shareholder may not participate in any underwritten offering pursuant to this Agreement unless Shareholder (i) agrees to only sell Registrable Securities on the basis reasonably provided in any underwriting agreement and (ii) completes, executes and delivers any and all questionnaires, lock-up agreements, powers of attorney, custody agreements, indemnities, underwriting agreements and other documents reasonably or customarily required by or under the terms of any underwriting agreement or as reasonably requested by INC.

  • Conditions to Obligations of the Investors The obligation of each Investor to purchase the Units at the Closing is subject to the fulfillment on or prior to the Closing Date of the following conditions, any of which may be waived by such Investor:

Time is Money Join Law Insider Premium to draft better contracts faster.