Acknowledgment of Fairness Sample Clauses

Acknowledgment of Fairness. 6.6.1 Both parties acknowledge that the restrictions in this clause are reasonable and necessary to protect the legitimate business interests such as trade secrets, proprietary information, and workforce stability. 6.6.2 This clause is intended to be enforced to the fullest extent permitted under the law, and if any provision of this clause is held unenforceable, it shall be modified to the minimum extent necessary to remain in effect.
Sample 1
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Acknowledgment of Fairness. Both parties acknowledge that the limitations and exclusions of liability and disclaimers of warranty set forth in this agreement are fair and reasonable and are materially relied upon by both parties in entering into this agreement.
Sample 1

Related to Acknowledgment of Fairness

  • Acknowledgment of Dilution The Company acknowledges that the issuance of the Securities may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligations under the Transaction Documents, including, without limitation, its obligation to issue the Underlying Shares pursuant to the Transaction Documents, are unconditional and absolute and not subject to any right of set off, counterclaim, delay or reduction, regardless of the effect of any such dilution or any claim the Company may have against any Purchaser and regardless of the dilutive effect that such issuance may have on the ownership of the other stockholders of the Company.

  • Acknowledgment Regarding Buyer’s Purchase of Securities The Company acknowledges and agrees that the Buyer is acting solely in the capacity of arm’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any statement made by the Buyer or any of its respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is not advice or a recommendation and is merely incidental to the Buyer’s purchase of the Securities. The Company further represents to the Buyer that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives.

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