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

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 3 contracts

Samples: Subscription Agreement (Medcare Technologies Inc), Subscription Agreement (Medcare Technologies Inc), Subscription Agreement (Medcare Technologies Inc)

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Representations and Warranties Survive the Closing. SEVERABILITYSeverability. 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: Subscription Agreement (Viragen Inc), Subscription Agreement (Viragen Inc)

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