Common use of Invalidity of any Provisions Clause in Contracts

Invalidity of any Provisions. Any provision of this Debenture which is prohibited by the laws of any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition without invalidating the remaining terms and provisions hereof or thereof and no such invalidity shall affect the obligation of the Corporation to repay the Obligations. This Debenture and all its provisions shall enure to the benefit of the Creditor, its successors and assigns and shall be binding upon the Corporation, its successors and assigns. Presentment, notice of dishonour, protest and notice of protest hereof are hereby waived.

Appears in 2 contracts

Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Canopy Growth Corp)

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Invalidity of any Provisions. Any provision of this Debenture Agreement which is prohibited by the laws of any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition without invalidating the remaining terms and provisions hereof or thereof and no such invalidity shall affect the obligation of the Corporation Borrower to repay the Obligations. This Debenture Agreement and all its provisions shall enure to the benefit of the CreditorLender, its successors and assigns and shall be binding upon the Corporationthe Borrower, its successors and assigns. Presentment, notice of dishonour, protest and notice of protest hereof are hereby waived.

Appears in 1 contract

Samples: Loan Agreement (Rise Gold Corp.)

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Invalidity of any Provisions. Any provision of this Debenture which is prohibited by the laws of any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition without invalidating the remaining terms and provisions hereof or thereof and no such invalidity shall affect the obligation of the Corporation each Obligor to repay the Obligations. This Debenture and all its provisions shall enure to the benefit of the Creditor, its successors and assigns and shall be binding upon the Corporationeach Obligor, its successors and assigns. Presentment, notice of dishonour, protest and notice of protest hereof are hereby waived.

Appears in 1 contract

Samples: Convertible Debenture (Rise Gold Corp.)

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