Common use of Cancellation of Prior Agreements Clause in Contracts

Cancellation of Prior Agreements. The parties agree that upon signing of the Equity Line Transaction Documents (as such term is defined in the Investment Agreement), the prior agreements between the parties dated September 19, 2011 shall be deemed cancelled and both parties agree to operate under this Agreement.

Appears in 2 contracts

Sources: Investment Agreement (Turbosonic Technologies Inc), Registration Rights Agreement (Turbosonic Technologies Inc)

Cancellation of Prior Agreements. The parties agree that upon signing of the Equity Line Transaction Documents (as such term is defined in the Investment Agreement), the prior agreements between the parties dated September 19July 11, 2011 shall be deemed cancelled and both parties agree to operate under this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Turbosonic Technologies Inc)