Common use of Exculpation Among Purchasers Clause in Contracts

Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any other Purchaser, or any officer, director, employee partner or affiliate of any such other Purchaser, in making its investment or decision to invest in the Company or in monitoring such investment. Each Purchaser agrees that no Purchaser nor any controlling person, officer, director, stockholder, partner, agent or employee of any Purchaser shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with the Company or the securities, or both.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Immunomedics Inc), Subscription Agreement (Hybridon Inc), Subscription Agreement (Nephros Inc)

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Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any person, firm, corporation or stockholder, other Purchaser, or any officer, director, employee partner or affiliate of any such other Purchaserthan the Company and its officers and directors in their capacities as such, in making its investment or decision to invest in the Company or in monitoring such investmentCompany. Each Purchaser agrees that no other Purchaser nor any the respective controlling personpersons, officerofficers, directordirectors, stockholderpartners, partneragents, agent stockholders or employee employees of any other Purchaser shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with the Company or purchase and sale of the securities, or bothSecurities.

Appears in 3 contracts

Samples: Convertible Promissory Note Purchase Agreement (Roth CH Acquisition IV Co.), Note and Warrant Purchase Agreement (Anthera Pharmaceuticals Inc), Note Purchase Agreement (Anthera Pharmaceuticals Inc)

Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any person, firm, corporation or stockholder, other Purchaser, or any officer, director, employee partner or affiliate of any such other Purchaserthan the Company and its officers and managers in their capacities as such, in making its investment or decision to invest in the Company or in monitoring such investmentCompany. Each Purchaser agrees that no Purchaser other Purchaser, nor any the respective controlling personpersons, officerofficers, directordirectors, stockholderpartners, partneragents, agent stockholders or employee employees of any Purchaser other Purchaser, shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with the Company or purchase and sale of the securities, or bothSecurities.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Geno LLC), Convertible Note Purchase Agreement (Geno LLC)

Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any other Purchaser, or any officer, director, employee partner or affiliate of any such other Purchaser, in making its investment or decision to invest in the Company or in monitoring such investment. Each Purchaser agrees that no Purchaser nor any controlling person, officer, director, stockholder, partner, agent or employee of any Purchaser shall be liable for any action heretofore or hereafter taken or omitted to be taken by any of them relating to or in connection with the Company or the securitiesShares, or both.

Appears in 1 contract

Samples: Common Stock Private Placement Agreement (Immunomedics Inc)

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Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any other Purchaserperson, firm, entity, or any officer, director, employee partner or affiliate owner of any such securities thereof, other Purchaserthan the Company as provided in this Agreement, in making its investment or decision to invest in the Company or in monitoring such investmentCompany. Each Purchaser agrees that no Purchaser other Purchaser, nor any the controlling personpersons, officerofficers, directordirectors, stockholderpartners, partneragents, agent stockholders, members, managers, or employee employees of any Purchaser shall other Purchaser, will be liable for any action heretofore or hereafter taken or omitted to be not taken by any of them relating to or in connection with the Company or purchase and sale of the securities, or bothSecurities.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Remembrance Group, Inc.)

Exculpation Among Purchasers. Each Purchaser acknowledges and agrees that it is not relying upon any person, firm, corporation or stockholder, other Purchaserthan the Company and its officers, or any officer, director, employee partner or affiliate of any such other Purchasermanagers and directors in their capacities as such, in making its investment or decision to invest in the Company or in monitoring such investmentCompany. Each Purchaser agrees that no Purchaser other Purchaser, nor any the controlling personpersons, officerofficers, directordirectors, stockholderpartners, partneragents, agent stockholders or employee employees of any Purchaser shall other Purchaser, will be liable for any action heretofore or hereafter taken or omitted to be not taken by any of them relating to or in connection with the Company or purchase and sale of the securities, or bothSecurities.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (ASP Isotopes Inc.)

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