Representations and Warranties Survive the Closing. Severability. Subscriber's and the Company's representations and warranties shall survive the Closing of the transactions 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, this Agreement shall continue in full force and effect without said provision; provided that no such severability shall be effective if it materially changes the economic benefit of this Agreement to any party.
Appears in 2 contracts
Samples: Registration Rights Agreement (Viragen Inc), Registration Rights Agreement (Viragen Inc)
Representations and Warranties Survive the Closing. Severability. Subscriber's and the Company's representations and warranties shall survive the Initial Tranche Closing of the transactions and any Call 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, this Agreement shall continue in full force and effect without said provision; provided that no such severability shall be effective if it materially changes the economic benefit of this Agreement to any party.
Appears in 2 contracts
Samples: Subscription Agreement (Techniclone Corp/De/), Subscription Agreement (Techniclone Corp/De/)
Representations and Warranties Survive the Closing. Severability. The Subscriber's and the Company's representations and warranties ------------ shall survive the Closing of the transactions contemplated by this Agreement transaction provided for hereby 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, this Agreement shall continue in full force and effect without said provision; provided that no such severability shall be effective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
Samples: Si Diamond Technology Inc
Representations and Warranties Survive the Closing. Severability. Agreement is Severable The Subscriber's and the Company's representations and warranties shall survive the Closing closing of the transactions contemplated by this Agreement transaction 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, this Agreement shall to the extent permitted by law continue in full force and effect without said provision; provided that no such severability shall be effective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
Samples: Unigene Laboratories Inc