Common use of Understanding Among the Purchasers Clause in Contracts

Understanding Among the Purchasers. The determination of the Purchaser to purchase the New Securities pursuant to this Agreement has been made by the Purchaser independent of any other purchaser 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 and its Subsidiaries which may have been made or given by any other purchaser or by any agent or employee of any other purchaser. In addition, it is acknowledged by the Purchaser that no other purchaser has acted as an agent of the Purchaser in connection with making its investment hereunder and that no other Person shall be acting as an agent of the Purchaser in connection with monitoring its investment hereunder.

Understanding Among the Purchasers. The determination of the each Purchaser to purchase the New Securities Common Stock pursuant to this Agreement has been made by the such Purchaser independent of any other purchaser Purchaser 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 and its Subsidiaries which may have been made or given by any other purchaser Purchaser or by any agent or employee of any other purchaserPurchaser. In addition, it is acknowledged by each of the Purchaser other Purchasers that no other purchaser Purchaser has acted as an agent of the such Purchaser in connection with making its investment hereunder and that no other Person person shall be acting as an agent of the such Purchaser in connection with monitoring its investment hereunder.

Understanding Among the Purchasers. The determination of the each Purchaser to purchase the New Securities Shares pursuant to this Agreement has been made by the such Purchaser independent of any other purchaser Purchaser 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) ), operations, performance, properties or prospects of the Company and its Subsidiaries which that may have been made or given by any other purchaser Purchaser or by any agent or employee of any other purchaserPurchaser. In addition, it is acknowledged by the each Purchaser that no other purchaser Purchaser has acted as an agent of the such Purchaser in connection with making its investment hereunder and that no other Person person shall be acting as an agent of the such Purchaser in connection with monitoring its investment hereunder.

Understanding Among the Purchasers. The determination of the each Purchaser to purchase the New Securities Convertible Preferred Stock pursuant to this Agreement has been made by the such Purchaser independent of any other purchaser Purchaser 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 and its Subsidiaries which may have been made or given by any other purchaser Purchaser or by any agent or employee of any other purchaserPurchaser. In addition, it is acknowledged by each of the Purchaser Purchasers that no other purchaser Purchaser has acted as an agent of the any other Purchaser in connection with making its investment hereunder and that no other Person Purchaser shall be acting as an agent of the any other Purchaser in connection with monitoring its investment hereunder.. * * * * *

Understanding Among the Purchasers. The determination of the Purchaser to purchase the New Securities pursuant to this Agreement has been made by the Purchaser independent of any other purchaser 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 and its Subsidiaries which may have been made or given by any other purchaser or by any agent or employee of any other purchaser. In addition, it is acknowledged by the Purchaser that no other purchaser has acted as an agent of the Purchaser in connection with making its investment hereunder and that no other Person shall be acting as an agent of the Purchaser in connection with monitoring its investment hereunder.

Understanding Among the Purchasers. The determination of the each Purchaser to purchase the New Securities shares of Preferred Stock pursuant to this Agreement has been made by the such Purchaser independent of any other purchaser Purchaser 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 and its Subsidiaries which that may have been made or given by any other purchaser or by any agent or employee of any other purchaserPurchaser. In addition, it is acknowledged by the each Purchaser that no other purchaser Purchaser has acted as an agent of the any other Purchaser in iii connection with making its investment hereunder and that no other Person shall Purchaser will be acting as an agent of the any other Purchaser in connection with monitoring its investment hereunder.