Common use of Several and Not Joint Obligations Clause in Contracts

Several and Not Joint Obligations. The obligations hereunder are several and not joint obligations, and no holder of a Note shall have any liability to any Person for the performance or non-performance of any obligation by any other holder of a Note hereunder. Without limiting the foregoing, the Company understands and agrees that the Noteholders’ holding of Series A Notes as herein contemplated does not constitute a commitment, obligation or indication of interest to purchase any Supplemental Notes.

Several and Not Joint Obligations. The obligations of the holders of the Notes hereunder are several and not joint obligations, and no each holder of a Note shall have any no obligation and no liability to any Person for the performance or non-performance of any obligation nonperformance by any other holder of a Note hereunder. Without limiting the foregoing, the Company understands and agrees that the Noteholders’ holding of commitment to exchange the Original Series A Notes as herein contemplated does not constitute a commitment, obligation or indication of interest to purchase any Supplemental Notes. References to “you” and “your” in this Agreement shall severally refer to each holder of a Note.

Several and Not Joint Obligations. The obligations of the holders of the Notes hereunder are several and not joint obligations, and no each holder of a Note shall have any no obligation and no liability to any Person for the performance or non-performance of any obligation nonperformance by any other holder of a Note hereunder. Without limiting the foregoing, the Company understands and agrees that the Noteholders’ holding of the Original Series A Notes as herein contemplated does not constitute a commitment, obligation or indication of interest to purchase any Supplemental Notes. References to “you” and “your” in this Agreement shall severally refer to each holder of a Note.

Several and Not Joint Obligations. The obligations hereunder are several and not joint obligations, and no holder of a Note shall have any liability to any Person for the performance or non-performance of any obligation by any other holder of a Note hereunder. Without limiting the foregoing, the Company understands and agrees that the Noteholders’ holding of Series A Notes as herein contemplated does not constitute a commitment, obligation or indication of interest to purchase any Supplemental Notes.. STERIS CORPORATION NOTE PURCHASE AGREEMENT