Survival Severability. The representations, warranties, covenants and agreements of the Company hereto shall survive each Closing hereunder for a period of one (1) year thereafter. 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 50 contracts
Samples: Equity Credit Agreement (Internal Fixation Systems, Inc.), Equity Credit Agreement (ProText Mobility, Inc.), Equity Purchase Agreement (Neah Power Systems, Inc.)
Survival Severability. The representations, warranties, covenants and agreements of the Company parties hereto shall survive each Closing hereunder for a period of one (1) year thereafteryear. 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 7 contracts
Samples: Private Equity Credit Agreement (Netgateway Inc), Private Equity Credit Agreement (Emps Research Corp), Private Equity Credit Agreement (Bioshield Technologies Inc)
Survival Severability. The representations, warranties, covenants and agreements of the Company hereto shall survive each Closing hereunder for a period until the expiration of one (1) year thereafterthe applicable statute of limitations. 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
Samples: Private Equity Credit Agreement (Skybridge Wireless Inc)
Survival Severability. The representations, warranties, covenants and agreements of the Company hereto shall survive each Closing hereunder for a period of one (1) year thereafter. In the event that any provision of this Agreement becomes or is declared decided 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
Survival Severability. The representations, warranties, covenants and agreements of the Company hereto shall survive each Closing hereunder for a period of one (1) year thereafterhereunder. 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
Survival Severability. The representations, warranties, covenants and agreements of the Company hereto and the Investor as they relate to a particular Closing hereunder shall survive each such Closing hereunder for a period of one (1) year thereafter. 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 such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.
Appears in 1 contract
