Common use of Rights and Obligations of Parties Clause in Contracts

Rights and Obligations of Parties. The obligations of (i) the Company, on the one hand, to the Stockholders, on the other hand, and (ii) the Stockholders, on the one hand, to the Company, on the other hand, are owed to them as separate and independent obligations of each party and each party will have the right to protect and enforce its rights under this Agreement without joining any other party in any proceedings. [The remainder of this page is intentionally left blank.]

Appears in 3 contracts

Samples: Stockholders Agreement (Avista Capital Partners GP, LLC), Stockholders Agreement (Angiodynamics Inc), Stockholders Agreement (Angiodynamics Inc)

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Rights and Obligations of Parties. The obligations of (i) the Company, on the one hand, to the StockholdersStockholder, on the other hand, and (ii) the StockholdersStockholder, on the one hand, to the Company, on the other hand, are owed to them as separate and independent obligations of each party and each party will have the right to protect and enforce its rights under this Agreement without joining any other party in any proceedings. [The remainder of this page is intentionally left blank.]

Appears in 1 contract

Samples: Stockholder’s Agreement (Heckmann Corp)

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Rights and Obligations of Parties. The obligations of (i) the Company, on the one hand, to the Stockholderseach Shareholder, on the other hand, ; and (ii) the Stockholderseach Shareholder, on the one hand, to the Company, on the other hand, are owed to them such Persons as separate and independent obligations of each party and each party Party will have the right to protect and enforce its rights under this Agreement without joining any other party Party in any proceedings. [The remainder reminder of this page is intentionally left blank.]

Appears in 1 contract

Samples: Manufacturing and Supply Agreement (Salix Pharmaceuticals LTD)

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