Common use of Understanding Among Purchasers Clause in Contracts

Understanding Among Purchasers. The determination by each of the Purchasers to purchase the Units pursuant to this Agreement has been made by such Purchaser independent of the other Purchasers and independent of any statements or opinions as to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company which may have been made or given by the other Purchasers or by any agent or employee of the other Purchasers. In addition, it is acknowledged by each of the Purchasers that the other Purchasers have not acted as such Purchaser's agent in connection with making its investment hereunder and that the other Purchasers will not be acting as such Purchaser's agent in connection with monitoring such Purchaser's investment hereunder.

Appears in 3 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (Holzer Ronald H), Preferred Stock and Warrant Purchase Agreement (J2 Communications /Ca/), Preferred Stock and Warrant Purchase Agreement (Holzer Ronald H)

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Understanding Among Purchasers. The determination by each of the ------------------------------ Purchasers to purchase the Units Purchased Securities pursuant to this Agreement has been made by such Purchaser independent of the other Purchasers Purchasers, and independent of any statements or opinions as to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company which may have been made or given by the other Purchasers or by any agent or employee of the other Purchasers. In addition, it is acknowledged by each of the Purchasers that the other Purchasers have not acted as such Purchaser's agent in connection with making its investment hereunder and that the other Purchasers will not be acting as such Purchaser's agent in connection with monitoring such Purchaser's investment hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Buca Inc /Mn)

Understanding Among Purchasers. The determination by each of the Purchasers to purchase the Units Preferred Shares pursuant to this Agreement has been made by such Purchaser independent independently of the other Purchasers Purchasers, and independent independently of any statements or opinions as to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company which may have been made or given by the other Purchasers or by any agent or employee of the other Purchasers. In addition, it is acknowledged by each of the Purchasers that the other Purchasers have not acted as such Purchaser's agent in connection with making its investment hereunder and that the other Purchasers will not be acting as such Purchaser's agent in connection with monitoring such Purchaser's investment hereunder.

Appears in 1 contract

Samples: Series D Stock Purchase Agreement (Life Time Fitness Inc)

Understanding Among Purchasers. The determination by each of the Purchasers to purchase the Units Stock pursuant to this Agreement has been made by such Purchaser independent of the other Purchasers Purchasers, and independent of any statements or opinions as to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company which may have been made or given by the other Purchasers or by any agent or employee of the other Purchasers. In addition, it is acknowledged by each of the Purchasers that the other Purchasers have not acted as such Purchaser's ’s agent in connection with making its investment hereunder and that the other Purchasers will not be acting as such Purchaser's ’s agent in connection with monitoring such Purchaser's ’s investment hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mair Holdings Inc)

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Understanding Among Purchasers. The determination by each of the Purchasers to purchase the Units Preferred Shares and Warrants pursuant to this Agreement has been made by such Purchaser independent independently of the other Purchasers Purchasers, and independent independently of any statements or opinions as to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company which may have been made or given by the other Purchasers or by any agent or employee of the other Purchasers. In addition, it is acknowledged by each of the Purchasers that the other Purchasers have not acted as such Purchaser's agent in connection with making its investment hereunder and that the other Purchasers will not be acting as such Purchaser's agent in connection with monitoring such Purchaser's investment hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Life Time Fitness Inc)

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