Validity and Enforceability of Depomed Agreements. Each of the Depomed Agreements is a valid, binding and enforceable obligation of Seller, and to the Knowledge of Seller, of the Counterparties, as applicable, except as may be limited by general principles of equity (regardless of whether considered in a proceeding at law or in equity) and by applicable bankruptcy, insolvency, and other laws of general application relating to or affecting creditors’ rights generally. As of the Closing Date, Seller has not received any written notice from any Counterparty challenging the validity or enforceability of any Depomed Agreement or any obligation of such parties to pay the Royalty Payments or perform their respective obligations thereunder.
Appears in 4 contracts
Samples: Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA)
