Common use of Representations and Warranties Survive the Closing Clause in Contracts

Representations and Warranties Survive the Closing. SEVERABILITY. Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Investor, this Agreement shall terminate.

Appears in 11 contracts

Samples: Investment Agreement (Miracor Diagnostics Inc), Investment Agreement (Thehealthchannel Com Inc), Investment Agreement (Merchantonline Com Inc)

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Representations and Warranties Survive the Closing. SEVERABILITYSeverability. Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Investor, this Agreement shall terminate.

Appears in 6 contracts

Samples: Investment Agreement (E Rex Inc), Investment Agreement (Prime Companies Inc), Investment Agreement (Findex Com Inc)

Representations and Warranties Survive the Closing. SEVERABILITY. Investor's and the Company's representations representations, warranties and warranties covenants shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission SEC to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Company or the Investor, this Agreement shall terminateterminate and no Termination Fee shall be due; however, Investor shall be entitled to retain the Commitment Warrants.

Appears in 1 contract

Samples: Investment Agreement (College Bound Student Alliance Inc)

Representations and Warranties Survive the Closing. SEVERABILITYSeverability. Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the InvestorInvestor or the Company, this Agreement shall terminate.

Appears in 1 contract

Samples: Investment Agreement (Tidelands Oil & Gas Corp/Wa)

Representations and Warranties Survive the Closing. SEVERABILITYSeverability. Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; , provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Investor, this Agreement shall terminate.

Appears in 1 contract

Samples: Investment Agreement (Interglobal Waste Management Inc)

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Representations and Warranties Survive the Closing. SEVERABILITYSeverability. ---------------------------------------------------------------- Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Investor, this Agreement shall terminateterminate under the provisions of Section 6.12.

Appears in 1 contract

Samples: Investment Agreement (Texas Commercial Resources Inc)

Representations and Warranties Survive the Closing. SEVERABILITYSeverability. Investor's and the Company's representations and warranties shall survive the Investment Date and any Put Closing contemplated by this Agreement notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction pursuant to a final order to be illegal, unenforceable or void, or is altered by a term required by the Securities Exchange Commission to be included in the Registration Statement, this Agreement shall continue in full force and effect without said provision; provided that if the removal of such provision materially changes the economic benefit of this Agreement to the Investor, or the Company this Agreement shall terminate.

Appears in 1 contract

Samples: Investment Agreement (Usa Technologies Inc)

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