Common use of Severability; Assignability Clause in Contracts

Severability; Assignability. Should any portion of this Agreement be rendered void, invalid or unenforceable by a court of law for any reason, such invalidity or unenforceability shall not void or render invalid or unenforceable any other portion of this Agreement. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company without the prior written consent of the other and Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement (Aurios Inc.), Escrow Agreement (Aurios Inc.)

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Severability; Assignability. Should any portion of this Agreement be rendered void, invalid or unenforceable by a court of law for any reason, such invalidity or unenforceability shall not void or render invalid invalid, or unenforceable any other portion of this Agreement. Neither this Agreement nor any right, remedy, obligation obligation, or liability arising hereunder or by reason hereof shall be assignable by either the Company or the undersigned without the prior written consent of the other and Escrow Agentparty.

Appears in 1 contract

Samples: Subscription Agreement (China Transportation Acquisition Corp.)

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Severability; Assignability. Should any portion of this Agreement be rendered void, invalid or unenforceable by a court of law for any reason, such invalidity or unenforceability shall not void or render invalid or unenforceable any other portion of this Agreement. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company or either Noteholder without the prior written consent of the other and Escrow Agentparty.

Appears in 1 contract

Samples: Modification Agreement (Prospect Global Resources Inc.)

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