Common use of Remedies; Severability Clause in Contracts

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, by any person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Eagle Test Systems, Inc.), Stock Purchase Agreement (Eagle Test Systems, Inc.)

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Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 Section 3.6 above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, Agreement by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). The Company may refuse to recognize any unauthorized Transferee for purposes of the registration rights provided in this Agreement until the relevant party or parties have complied with all applicable provisions of this Agreement. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (NetSpend Holdings, Inc.), Registration Rights Agreement (NetSpend Holdings, Inc.)

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 above, it It is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, Agreement by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by lawLaw). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable lawLaw, but if any provision (or part thereof) of this Agreement shall be deemed prohibited or invalid under such applicable lawLaw, such provision (or part thereof) shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Master Reorganization Agreement Share and Asset Purchase Agreement (Utstarcom Holdings Corp.)

Remedies; Severability. Notwithstanding Sections 6.7 11.7 and 6.8 11.8 above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Stockholders Agreement, the Registration Rights Agreement, Escrow Agreement or any other agreement executed and delivered pursuant to this Agreement (other than the Stockholders Agreement, or of the provisions of the Articles of Incorporation), by any person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metropcs Communications Inc)

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 above, it It is specifically understood and agreed that any breach of the provisions of this AgreementAgreement (including, the Stockholders' Agreementwithout limitation, the Registration Rights AgreementSections 5.1, or any other agreement executed 5.2 and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, 8.1) by any person Person subject hereto will result in irreparable injury to the other parties Parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties Parties may enforce their respective rights by actions for specific performance (and to seek both temporary and permanent injunctive relief, without the extent permitted by law)necessity of proving actual damages, but without limitation of their rights to recover such damages. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MCF Corp)

Remedies; Severability. Notwithstanding Sections 6.7 9.6 and 6.8 9.7 above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Escrow Agreement, the Registration Rights Agreement, Agreement or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporationany other Transaction Document, by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harbor Acquisition Corp.)

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 above, it It is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, Agreement by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision (or part thereof) of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision (or part thereof) shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vycom Corp.)

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Remedies; Severability. Notwithstanding Sections 6.7 8.7 and 6.8 8.8 above, subject to Section 7.6. above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreementany other Transaction Documents, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of IncorporationArticles, by any person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Share Purchase and Redemption Agreement (Alma Lasers Ltd.)

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 above, it It is specifically understood and agreed ---------------------- that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles of Incorporation, Warrant by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement Warrant shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement Warrant shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this AgreementWarrant.

Appears in 1 contract

Samples: Ipg Photonics Corp

Remedies; Severability. Notwithstanding Sections 6.7 and 6.8 Section 8.8 above, it is specifically understood and agreed that any breach of the provisions of this Agreement, the Stockholders' Agreement, the Registration Rights Agreement, or any other agreement executed and delivered pursuant to this Agreement, or of the provisions of the Articles Charter, including the Certificate of IncorporationDesignations, by any person Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of such provision or the other provisions of this Agreement.

Appears in 1 contract

Samples: Stock Purchase and Exchange Agreement (Lawson Software Inc)

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