Common use of Independent Nature of Subscribers’ Obligations and Rights Clause in Contracts

Independent Nature of Subscribers’ Obligations and Rights. The obligations of the Subscriber hereunder are several and not joint with the obligations of any Other Investor. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by the Subscriber pursuant hereto or thereto, shall be deemed to constitute the Shareholders as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Shareholders are in any way acting in concert with respect to such obligations or the transactions contemplated by this Subscription Agreement.

Appears in 10 contracts

Samples: Subscription Agreement (KKR FS Income Trust), Subscription Agreement (Stepstone Private Credit Fund LLC), Subscription Agreement (Stepstone Private Credit Fund LLC)

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Independent Nature of Subscribers’ Obligations and Rights. The obligations of the Subscriber hereunder are several and not joint with the obligations of any Other Investor. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by the Subscriber pursuant hereto or thereto, shall be deemed to constitute the Shareholders Stockholders as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Shareholders Stockholders are in any way acting in concert with respect to such obligations or the transactions contemplated by this Subscription Agreement.

Appears in 9 contracts

Samples: Subscription Agreement (First Eagle BDC, LLC), Subscription Agreement (Golub Capital BDC 4 LLC), Subscription Agreement (Golub Capital Direct Lending Unlevered Corp)

Independent Nature of Subscribers’ Obligations and Rights. The obligations of the Subscriber hereunder are several and not joint with the obligations of any Other Investor. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by the Subscriber pursuant hereto or thereto, shall be deemed to constitute the Shareholders Stockholders as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Shareholders Stockholders are in any way acting in concert with respect to such obligations or the transactions contemplated by this Subscription Agreement.

Appears in 4 contracts

Samples: Subscription Agreement (Golub Capital Investment Corp), Subscription Agreement (Golub Capital Direct Lending Corp), Subscription Agreement (Golub Capital Direct Lending LLC)

Independent Nature of Subscribers’ Obligations and Rights. The obligations of the Subscriber hereunder are several and not joint with the obligations of any Other Investor. Nothing contained herein or in any other agreement or document delivered at any closingClosing, and no action taken by the Subscriber pursuant hereto or thereto, shall be deemed to constitute the Shareholders as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Shareholders are in any way acting in concert with respect to such obligations or the transactions contemplated by this Subscription Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Lafayette Square Empire BDC, LLC), Subscription Agreement (Lafayette Square Southeast BDC, LLC)

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Independent Nature of Subscribers’ Obligations and Rights. The obligations of the Subscriber hereunder are several and not joint with the obligations of any Other Investor. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by the Subscriber pursuant hereto or thereto, shall be deemed to constitute the Shareholders Members as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Shareholders Members are in any way acting in concert with respect to such obligations or the transactions contemplated by this Subscription Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Andalusian Credit Company, LLC)

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