Common use of Non-Severability Clause in Contracts

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXConservator

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III Director UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Secretary of the Treasury Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXIII Director

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXIII Director

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/310522/000095013308003096/w67133exv4w1.htm 15/15 FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III Director UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Secretary of the Treasury Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXIII Director

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL HOME LOAN MORTGAGE ASSOCIATIONCORPORATION, by Federal Housing Finance Agency, its Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III Director UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Secretary of the Treasury Acknowledged and, solely as To to Sections 5.3, 6.2 and 6.11, Agreedagreed: FEDERAL HOUSING FINANCE AGENCY, As AGENCY as Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXIII Director

Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate. [Signature Page Follows] FEDERAL NATIONAL MORTGAGE ASSOCIATION, by Federal Housing Finance Agency, its Conservator /s/ / s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXX III UNITED STATES DEPARTMENT OF THE TREASURY /s/ Xxxxx X. Xxxxxxx, Xx. Xxxxx X. Xxxxxxx, Xx. Acknowledged and, solely as To Sections 5.3, 6.2 and 6.11, Agreed: FEDERAL HOUSING FINANCE AGENCY, As Conservator /s/ Xxxxx X. Xxxxxxxx III Xxxxx X. Xxxxxxxx XXXIII