Liability of Purchasers. No Purchaser shall be required to make any representations or warranties or to provide any indemnities in connection therewith other than with respect to title to the Holder Shares being conveyed.
Liability of Purchasers. Except for any obligation expressly assumed or agreed to be assumed by the Purchasers hereunder and in the Assignment and Assumption Agreement, the Purchasers do not assume any obligation of the Sellers or any liability for claims arising out of any occurrence prior to Closing.
Liability of Purchasers. Except for all willful misconduct, Purchasers shall be under no liability for, and the Seller and the Subsidiary hereby release the Purchasers from all claims for loss or damage caused by (a) Purchasers' failure to perform, enforce or collect any of the Collateral, as defined in the Security Agreement, the Subsidiary Security Agreement, the Intellectual Property Security Agreement and Assignment and the Subsidiary Intellectual Property Security Agreement and Assignment, or any part thereof, (b) Purchasers' failure to preserve or protect any rights of the Seller against account debtors or prior parties to the Collateral or any part thereof, (c) the operation, maintenance, repairing, selling, removal, taking possession or disposing of the Collateral or any part thereof by Purchasers and (d) any other act or omission on the part of the Purchasers.
Liability of Purchasers. 42 Section 10.16. Interpretation......................................... 42 ATTACHMENTS Schedule I --Allocation of Shares and Purchase Price Exhibit A --Form of Charter Amendment Exhibit B --Form of Registration Rights Agreement Exhibit C --Form of Warrant STOCK PURCHASE AGREEMENT This STOCK PURCHASE AGREEMENT (this "Agreement") is made as of this 20th day of July, 1999, by and among EnCap Energy Capital Fund III, L.P., a Texas limited partnership, EnCap Energy Capital Fund III-B, L.P., a Texas limited partnership, Energy Capital Investment Company PLC, an English investment company, and BOCP Energy Partners, L.P., a Texas limited partnership (collectively, the "Purchasers" and individually, a "Purchaser"), and Southern Mineral Corporation, a Nevada corporation (the "Company").
Liability of Purchasers. Except pursuant to Section 2.1 hereof, the liability of each Purchaser with respect to the agreements, covenants, representations and warranties of the Purchasers contained in this Agreement or in any certificate, instrument or document delivered pursuant hereto shall be to the extent such agreements, covenants, representations or warranties applies to itself and not with respect to any other Purchaser.
Liability of Purchasers. The Parties agree that the Purchasers shall be jointly (gesamtschuldnerisch) liable for the obligation to pay the Aggregate Purchase Price.
Liability of Purchasers. The Company expressly acknowledges and agrees that the representations, warranties, covenants, liabilities and obligations of each of the individual Purchasers under this Agreement are several (and not joint and several) in accordance with the principal amount of each Purchaser’s Notes. No Purchaser shall have any liability or obligation with respect to any representation, warranty, covenant, liability or obligation of any other Purchaser. With respect to the obligations of each Purchaser arising out of this Agreement, the Company shall look for payment or satisfaction of any claim solely to the assets of such Purchaser and not to any other Purchaser or to any manager, general partner, limited partner, member, shareholder, advisor of agent of any Purchaser.
