Common use of Relationship Among Parties Clause in Contracts

Relationship Among Parties. Notwithstanding anything herein to the contrary, the duties and obligations of the Restructuring Support Parties under this Agreement shall be several, not joint. No Party shall have any responsibility by virtue of this Agreement for any trading by any other entity. No prior history, pattern, or practice of sharing confidences among or between the Parties shall in any way affect or negate this Agreement.

Appears in 6 contracts

Samples: Restructuring Support Agreement, Restructuring Support Agreement (Venoco, Inc.), Restructuring Support Agreement (Seventy Seven Energy Inc.)

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Relationship Among Parties. Notwithstanding anything herein to the contrary, the duties and obligations of the Restructuring Support Parties under this Agreement shall be several, several and not joint. No Restructuring Support Party shall have any responsibility by virtue of this Agreement for any trading by any other entityentity by virtue of this Agreement. No prior history, pattern, pattern or practice of sharing confidences among or between the Restructuring Support Parties shall in any way affect or negate this Agreementunderstanding and agreement.

Appears in 1 contract

Samples: Equity Commitment, Restructuring Support and Consent Agreement (Globalstar, Inc.)

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