Common use of Independent Nature of Each Purchaser’s Obligations and Rights Clause in Contracts

Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

Independent Nature of Each Purchaser’s Obligations and Rights. The For avoidance of doubt, the obligations of each the Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each the Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this any other Subscription Agreement. Nothing contained herein and no action taken by any the Purchaser pursuant hereto, shall be deemed to constitute such Purchasers the Purchaser as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this AgreementAgreement and any other Subscription Agreements. Each The Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose; provided, however, that the Majority Holders shall be able to alter the rights of each Purchaser as provided herein.

Independent Nature of Each Purchaser’s Obligations and Rights. The For avoidance of doubt, the obligations of each the Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each the Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this any other Subscription Agreement. Nothing contained herein and no action taken by any the Purchaser pursuant hereto, shall be deemed to constitute such Purchasers the Purchaser as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this AgreementAgreement and any other Subscription Agreements. Each The Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose. [Signature page follows.]

Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.. ​

Independent Nature of Each Purchaser’s Obligations and Rights. The For avoidance of doubt, the obligations of each Purchaser the Purchasers under this Agreement are several and not joint with the obligations of any other PurchaserPurchasers, and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this any other Subscription Agreement. Nothing contained herein and no action taken by any the Purchaser pursuant hereto, shall be deemed to constitute such Purchasers the Purchaser as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this AgreementAgreement and any other Subscription Agreements. Each The Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

Independent Nature of Each Purchaser’s Obligations and Rights. The obligations of each Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, Purchaser and each Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute such Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

Independent Nature of Each Purchaser’s Obligations and Rights. The For avoidance of doubt, the obligations of each the Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each the Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this any other Subscription Agreement. Nothing contained herein and no action taken by any the Purchaser pursuant hereto, shall be deemed to constitute such Purchasers the Purchaser as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this AgreementAgreement and any other subscription agreement. Each The Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.

Independent Nature of Each Purchaser’s Obligations and Rights. The For avoidance of doubt, the obligations of each the Purchaser under this Agreement are several and not joint with the obligations of any other Purchaser, and each the Purchaser shall not be responsible in any way for the performance of the obligations of any other Purchaser under this any other Subscription Agreement. Nothing contained herein and no action taken by any Purchaser pursuant hereto, the Purchasers shall be deemed to constitute such the Purchasers as a partnership, an association, a joint venture, or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this AgreementAgreement and any other Subscription Agreements. Each Except as specifically set forth herein, the Purchaser shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any proceeding for such purpose.