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 5 contracts
Sources: Subscription Agreement (Medcare Technologies Inc), Subscription Agreement (Medcare Technologies Inc), Subscription Agreement (Medcare Technologies Inc)
Representations and Warranties Survive the Closing; Severability. The 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
Sources: Regulation D Subscription Agreement (Hartcourt Companies Inc), Subscription Agreement (Techniclone Corp/De/), Subscription Agreement (Ancor Communications Inc /Mn/)
Representations and Warranties Survive the Closing; Severability. Subscriber's and the Company's representations and warranties warranties, including but not limited to the Public Entity, 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
Sources: Agreement and Plan of Reorganization (Euniverse Inc), Regulation D Subscription Agreement (Euniverse Inc)
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 and the conversion of the Preferred Stock 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 1 contract
Sources: Subscription Agreement (Franklin Telecommunications Corp)