No Challenge to Validity Sample Clauses

No Challenge to Validity. The Claimants agree that they will not take or support any proceedings which challenge the validity of the Existing Mining Title, the Stage 2 Mining Lease, the Mineral Development Licence, the Existing Development Titles or any Project Rights which may be granted to QERL.
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No Challenge to Validity. Both MCF and Creditor covenant and agree not to take any action to seek to avoid or set aside the perfected security interest in the Purchased Accounts or the Collateral or to seek to rescind, modify, or circumvent the provisions of this Agreement.
Sample 1
No Challenge to Validity. Except where such a prohibition is not permitted under applicable law, the Licensee must not raise or cause to be raised any questions concerning, or any challenge or any objection to, the validity or ownership of any part of the Licensed IP, other than drawing to NSi’s attention any information which the Licensee believes is relevant to the validity or ownership of the Licensed IP. Where such a prohibition is not permitted under applicable law, if the Licensee raises or causes to be raised any question concerning, or any objection to, the validity or ownership of any part of the Licensed IP, NSi may, to the extent permitted by law, by notice in writing to the Licensee terminate the licence(s) granted to the Licensee under this Agreement for that part of the Licensed IP.
Sample 1
No Challenge to Validity. Except as set forth in Section 5 herein, and to the extent Grantor is not in breach of this Agreement, Grantee, its predecessors, parents, Affiliates, and any assignee of this Agreement hereby agree, and shall agree, not to initiate any further proceeding (including any reexamination or inter partes review) or lawsuit in which it alleges or claims that the Grantor Patents are invalid or unenforceable. Nor shall Grantee, its predecessors, parents, Affiliates, and any assignee of this Agreement litigate, and shall promise not to litigate, any claims or other rights that could have been litigated in the Matter or may have arisen due to litigation of the Matter. Grantee, its predecessors, parents, Affiliates, and any assignee of this Agreement further agree, and shall agree, that it shall not otherwise voluntarily assist or support any other person or entity in connection with a challenge of the validity or enforceability of the Grantor Patents in any proceeding (including any reexamination or inter partes review), appeal, or lawsuit in any forum. This provision does not preclude Grantee, its predecessors, parents, or Grantee’s Affiliates from providing information as may be required by Court order, law, or judicial process. Grantee, its predecessors, parents, Grantee’s Affiliates, assignees of this Agreement, or any of their customers, may assert defenses of invalidity and/or unenforceability and/or seek reexamination or inter partes review of the Grantor Patents in the event that Grantee, its predecessors, parents, assignees of this Agreement, or Grantee’s Affiliates are accused of infringing such Grantor Patent in the future. Moreover, the Grantor’s and Rothschild’s Releases and Covenant (as to Rothschild) above may be pleaded as a full and complete defense to, and may be used as the basis for an injunction against, any action, suit or other proceeding that may be instituted, prosecuted, maintained or attempted in breach of the Grantor’s and Rothschild’s Releases and Covenants Not to Xxx.
Sample 1
No Challenge to Validity. Except where such a prohibition is not permitted under applicable law or where such disclosure is a patent prosecution requirement, the Licensee must not raise or cause to be raised any questions concerning, or any challenge or any objection to, the validity or ownership of any part of the Licensed IP, other than drawing to NSi’s attention any information which the Licensee believes is relevant to the validity or ownership of the Licensed IP. If the Licensee raises or causes to be raised any question concerning, or any objection to, the validity or ownership of any part of the Licensed IP then, unless such a prohibition is not permitted under applicable law or such disclosure is a patent prosecution requirement, NSi may, to the extent permitted by law, by notice in writing to the Licensee terminate the licence(s) granted to the Licensee under this Agreement for that part and territory of the Licensed IP.
Sample 1
No Challenge to Validity. The Applicants agree that they will not take or support any proceedings which challenge the validity of any Project Rights which may be granted to ZeroGen. Definition:
Sample 1
No Challenge to Validity. Both KBK and Creditor covenant and agree not to take any action to seek to avoid or set aside the perfected security interest in the Purchased Accounts or the Collateral or to seek to rescind, modify, or circumvent the provisions of this Agreement.
Sample 1
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No Challenge to Validity. Creditor covenants and agrees not to take any action to seek to avoid or set aside the perfected security interest in the Purchased Accounts or the Collateral or to seek to rescind, modify, or circumvent the provisions of this Agreement. 8.
Sample 1

Related to No Challenge to Validity

  • Proceedings; Enforceability Borrower has taken all necessary action to authorize the execution, delivery and performance of the Loan Documents. The Loan Documents have been duly executed and delivered by Borrower and constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting rights of creditors generally, and general principles of equity. The Loan Documents are not subject to, and Borrower has not asserted, any right of rescission, set-off, counterclaim or defense, including the defense of usury. No exercise of any of the terms of the Loan Documents, or any right thereunder, will render any Loan Document unenforceable.

  • Governing Law; Validity The interpretation, construction and performance of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of Illinois without regard to the principle of conflicts of laws. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provisions of this Agreement, which other provisions shall remain in full force and effect.

  • Legal validity Subject to any general principles of law limiting its obligations and referred to in any legal opinion required under this Agreement, each Finance Document to which it is a party is its legally binding, valid and enforceable obligation.

  • Governing Law; Invalidity This Agreement shall be governed by Wisconsin law, excluding the laws on conflicts of laws. To the extent that the applicable laws of the State of Wisconsin, or any of the provisions herein, conflict with the applicable provisions of the 1940 Act, the latter shall control, and nothing herein shall be construed in a manner inconsistent with the 1940 Act or any rule or order of the Commission thereunder. Any provision of this Agreement which may be determined by competent authority to be prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. In such case, the parties shall in good faith modify or substitute such provision consistent with the original intent of the parties.

  • Validity The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.

  • Authorization and Validity This Agreement and each promissory note, contract, instrument and other document required hereby or at any time hereafter delivered to Bank in connection herewith (collectively, the "Loan Documents") have been duly authorized, and upon their execution and delivery in accordance with the provisions hereof will constitute legal, valid and binding agreements and obligations of Borrower or the party which executes the same, enforceable in accordance with their respective terms.

  • Authority; Enforceability This Agreement and other agreements delivered together with this Agreement or in connection herewith have been duly authorized, executed and delivered by the Subscriber and are valid and binding agreements enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights generally and to general principles of equity; and Subscriber has full corporate power and authority necessary to enter into this Agreement and such other agreements and to perform its obligations hereunder and under all other agreements entered into by the Subscriber relating hereto.

  • Effect of Invalidity If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of its terms and provisions to persons and circumstances other than those to which it has been held invalid or unenforceable shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law.

  • Validity; Enforcement; No Conflicts This Agreement and each Transaction Document to which the Investor is a party have been duly and validly authorized, executed and delivered on behalf of the Investor and shall constitute the legal, valid and binding obligations of the Investor enforceable against the Investor in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies. The execution, delivery and performance by the Investor of this Agreement and each Transaction Document to which the Investor is a party and the consummation by the Investor of the transactions contemplated hereby and thereby will not (i) result in a violation of the organizational documents of the Investor or (ii) conflict with, or constitute a default (or an event which with notice or lapse of time or both would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, any agreement, indenture or instrument to which the Investor is a party, or (iii) result in a violation of any law, rule, regulation, order, judgment or decree (including federal and state securities or “blue sky” laws) applicable to the Investor, except in the case of clause (ii) above, for such conflicts, defaults or rights which would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the ability of the Investor to perform its obligations hereunder.

  • Enforceability; Severability If any provision of this Agreement shall be invalid or unenforceable, in whole or in part, such provision shall be deemed to be modified or restricted to the extent and in the manner necessary to render the same valid and enforceable, or shall be deemed excised from this Agreement, as the case may require, and this Agreement shall be construed and enforced to the maximum extent permitted by law as if such provision had been originally incorporated herein as so modified or restricted, or as if such provision had not been originally incorporated herein, as the case may be.

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