Obligations of Buyers. All of the representations, warranties, covenants and agreements of the Buyers hereunder are several and not joint and relate solely to the proportion of the Shares to be purchased by each Buyer and no Buyer shall be liable for any breach of any representations, warranties, covenants or agreements by any other Buyer. Nothing contained in this Agreement shall be construed to create as among the Buyers an association, trust, partnership, joint venture, association taxable as a corporation or other entity for the conduct of any business for profit, or impose a trust or partnership duty, obligation or liability on, or with regard to any Buyer, nor shall any Buyer have the right or authority to assume, create or incur any liability or obligation, express or implied, against, in the name of, or on behalf of any such other Buyer without the prior written consent of such other Buyer.
Obligations of Buyers. On and from the Date Of Possession, the Buyers shall:
Obligations of Buyers. At the Closing, each Buyer shall deliver to Seller a wire transfer of immediately available funds to an account designated by Seller, in the amount of such Buyer’s Aggregate Purchase Price.
Obligations of Buyers. The obligations of Buyers to enter into and complete the transaction contemplated by this Agreement and each of the other Transaction Documents is subject to the fulfillment on the Closing Date of the following conditions, any one or more of which may be waived by Buyers in their sole discretion:
Obligations of Buyers. (i) Each Buyer agrees by its acquisition of such Registrable Securities that, upon receipt of a notice from the Company of the occurrence of any event of the kind described in Section 4(c), such Buyer will forthwith discontinue disposition of such Registrable Securities under the Registration Statement until such Buyer’s receipt of the copies of the supplemented or amended Prospectus or amended Registration Statement or until it is advised in writing (the “Advice”) by the Company that the use of the applicable Prospectus may be resumed, and, in either case, has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus or Registration Statement. The Company may provide appropriate stop orders to enforce the provisions of this paragraph.
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Obligations of Buyers. The Buyers agree, jointly and severally, to indemnify and hold harmless each Seller from and against any Losses of such Seller, directly or indirectly, as a result of, or based upon or arising from:
Obligations of Buyers a. Each Buyer shall promptly furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably requested by the Company to effect the registration of such Registrable Securities, including information to be included in the Registration Statement, prospectus and all amendments and supplements thereto, and shall execute such documents in connection with such registration as the Company may reasonably request.
Obligations of Buyers. The obligations of Buyers under this Agreement shall be joint and several. In the event any Buyer (“Defaulting Buyer”) fails to pay its purchase price pursuant to Section 1.3, each other Buyer (each a “Non-Defaulting Buyer”) shall pay fifty percent (50%) of the Defaulting Buyer’s purchase price (or one hundred percent (100%) in the event there are two Defaulting Buyers) and the percentage of the Purchased Interest specified in Section 1.2 to be transferred to the Defaulting Buyer(s) shall be transferred to the Non-Defaulting Buyer(s).
