Common use of Separability of Agreements; Severability of this Agreement Clause in Contracts

Separability of Agreements; Severability of this Agreement. The Company’s agreement with each of the Holders is a separate agreement and the sale of the Series A Preferred Stock to each of the Holders is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder hereunder are several rights, not rights jointly held with any of the other Holders. Any invalidity, illegality or limitation on the enforceability of the Agreement or any part thereof, by any Holder whether arising by reason of the law of the respective Holder’s domicile or otherwise, shall in no way affect or impair the validity, legality or enforceability of this Agreement with respect to other Holders. If any provision of this Agreement shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Series a Exchange Agreement (MobileSmith, Inc.), Series a Exchange Agreement (MobileSmith, Inc.)

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Separability of Agreements; Severability of this Agreement. The Company’s agreement with each of the Holders Purchasers is a separate agreement and the sale of the Series A Preferred Stock Notes to each of the Holders Purchasers is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder Purchaser hereunder are several rights, not rights jointly held with any of the other HoldersPurchasers. Any invalidity, illegality or limitation on the enforceability of the Agreement or any part thereof, by any Holder Purchaser whether arising by reason of the law of the respective HolderPurchaser’s domicile or otherwise, shall in no way affect or impair the validity, legality or enforceability of this Agreement with respect to other HoldersPurchasers. If any provision of this Agreement shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (VerifyMe, Inc.), Note Purchase Agreement (ReachLocal Inc)

Separability of Agreements; Severability of this Agreement. The Company’s agreement with each of the Holders Lenders is a separate agreement and the sale of the Series A Preferred Stock Notes to each of the Holders Lenders is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder Lender hereunder are several rights, not rights jointly held with any of the other HoldersLenders. Any invalidity, illegality illegality, or limitation on the enforceability of the Agreement or any part thereof, by any Holder Lender whether arising by reason of the law of the respective HolderLender’s domicile or otherwise, shall in no way affect or impair the validity, legality legality, or enforceability of this Agreement with respect to other HoldersLenders. If any provision of this Agreement shall be judicially determined to be invalid, illegal illegal, or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Security Agreement (Universal Security Instruments Inc)

Separability of Agreements; Severability of this Agreement. The Company’s agreement with each of the Holders Purchasers is a separate agreement and the sale of the Series A Preferred Stock Securities to each of the Holders Purchasers is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder Purchaser hereunder are several rights, not rights jointly held with any of the other HoldersPurchasers. Any invalidity, illegality or limitation on the enforceability of the Agreement or any part thereof, by any Holder Purchaser whether arising by reason of the law of the respective HolderPurchaser’s domicile or otherwise, shall in no way affect or impair the validity, legality or enforceability of this Agreement with respect to other HoldersPurchasers. If any provision of this Agreement shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nestbuilder.com Corp.)

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Separability of Agreements; Severability of this Agreement. The Company’s agreement 's Agreement with each of the Holders Purchasers is a separate agreement and the sale of the Series A Preferred Stock Shares to each of the Holders Purchasers is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder Purchaser hereunder are several rights, not rights jointly held with any of the other HoldersPurchasers. Any invalidity, illegality or limitation on the enforceability of the Agreement or any part thereof, by any Holder whether arising by reason of the law of the respective Holder’s Purchaser's domicile or otherwise, shall in no way affect or impair the validity, legality or enforceability of this Agreement with respect to the other HoldersPurchasers. If In case any provision of this Agreement shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Stock Investment Agreement (Aehr Test Systems)

Separability of Agreements; Severability of this Agreement. The Company’s 's agreement with each of the Holders purchasers is a separate agreement and the sale of the Series A Preferred Stock Units to each of the Holders Purchasers is a separate sale. Unless otherwise expressly provided herein, the rights of each Holder Purchaser hereunder are several rights, not rights jointly held with any of the other HoldersPurchasers. Any invalidity, illegality or limitation on the enforceability of the Agreement or any part thereof, by any Holder Purchaser whether arising by reason of the law of the respective Holder’s Purchaser's domicile or otherwise, shall in no way affect or impair the validity, legality or enforceability of this Agreement with respect to other HoldersPurchasers. If any provision of this Agreement shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Note and Stock Purchase Agreement (Horizon Organic Holding Corp)

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