Common use of Purchaser Obligations Clause in Contracts

Purchaser Obligations. The Parties hereby agree and acknowledge that (a) all obligations of the Purchasers hereunder, including with respect to each Purchaser’s compliance with all applicable covenants and the making by each Purchaser of the representations and warranties set forth in Section 4, are several and not joint and (b) no Purchaser shall have any obligation or liability of any kind to the Company or to any other Person in respect of any breach or noncompliance with respect to this Agreement by any other Purchaser.

Appears in 8 contracts

Samples: Series C Convertible Preferred Stock Purchase Agreement (Bardin Hill Investment Partners LP), Series C Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC), Securities Purchase Agreement (Conversion Labs, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!