Common use of Independence of Covenants, Representations and Warranties Clause in Contracts

Independence of Covenants, Representations and Warranties. All covenants hereunder shall be given independent effect so that if a certain action or condition constitutes a default under a certain covenant, the fact that such action or condition is permitted by another covenant shall not affect the occurrence of such default, unless expressly permitted under an exception to such initial covenant. In addition, subject to Section 10.4, all representations and warranties hereunder shall be given independent effect so that if a particular representation or warranty proves to be incorrect or is breached, the fact that another representation or warranty concerning the same or similar subject matter is correct or is not breached will not affect the incorrectness of or a breach of a representation and warranty hereunder.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Amsurg Corp), Merger Agreement (Amsurg Corp)

AutoNDA by SimpleDocs

Independence of Covenants, Representations and Warranties. All covenants hereunder shall made in this Agreement will be given independent effect so that if a certain action or condition constitutes a default under a certain covenant, the fact that such action or condition is permitted by another covenant shall will not affect the occurrence of such default, unless expressly permitted under an exception to such initial covenant. In addition, subject to Section 10.4except as otherwise set forth in this Agreement, all representations and warranties hereunder shall made in this Agreement will be given independent effect so that if a particular representation or warranty proves to be incorrect or is breached, the fact that another representation or warranty concerning the same or similar subject matter is correct or is not breached will not affect the incorrectness of or a breach of a such initial representation and warranty hereunderor warranty.

Appears in 2 contracts

Samples: Merger Agreement (Glass House Brands Inc.), Merger Agreement (Glass House Brands Inc.)

Independence of Covenants, Representations and Warranties. All covenants hereunder shall made in this Agreement will be given independent effect so that if a certain action or condition constitutes a default under a certain covenant, the fact that such action or condition is permitted by another covenant shall will not affect the occurrence of such default, unless expressly permitted under an exception to such initial covenant. In addition, subject to Section 10.4except as otherwise set forth in this Agreement, all representations and warranties hereunder shall made in this Agreement will be given given‌ independent effect so that if a particular representation or warranty proves to be incorrect or is breached, the fact that another representation or warranty concerning the same or similar subject matter is correct or is not breached will not affect the incorrectness of or a breach of a such initial representation and warranty hereunderor warranty.

Appears in 1 contract

Samples: Equity Purchase Agreement

Independence of Covenants, Representations and Warranties. All covenants hereunder shall made in this Agreement will be given independent effect so that if a certain action or condition constitutes a default under a certain covenant, the fact that such action or condition is permitted by another covenant shall will not affect the occurrence of such default, unless expressly permitted under an exception to such initial covenant. In addition, subject to Section 10.4except as otherwise set forth in this Agreement, all representations and warranties hereunder shall made in this Agreement will be given independent effect so that if a particular representation or warranty proves to be incorrect or is breached, the fact that another representation or warranty concerning the same or similar subject matter is correct or is not breached will not affect the incorrectness of or a breach of a such initial representation and warranty hereunder.or warranty.‌

Appears in 1 contract

Samples: Equity Purchase Agreement

AutoNDA by SimpleDocs

Independence of Covenants, Representations and Warranties. All covenants hereunder shall made in this Agreement will be given independent effect so that if a certain action or condition constitutes a default under under, or breach of, a certain covenant, the fact that such action or condition is permitted by another covenant shall will not affect the occurrence of such defaultdefault or breach, unless expressly permitted under an exception to such initial covenant. In addition, subject to Section 10.4, all representations and warranties hereunder shall made in this Agreement will be given independent effect so that if a particular representation or warranty proves to be incorrect or is breached, the fact that another representation or warranty concerning the same or similar subject matter is correct or is not breached will not affect the incorrectness of or a breach of a such initial representation and warranty hereunder.or warranty.‌

Appears in 1 contract

Samples: Equity Exchange Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!