Common use of Severability of Provisions Clause in Contracts

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdiction, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties hereto.

Appears in 221 contracts

Samples: Administration Agreement (Nissan Auto Receivables 2024-a Owner Trust), Administration Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Administration Agreement (Toyota Auto Receivables 2024-B Owner Trust)

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Severability of Provisions. If any one or more of the covenants, agreements, provisions provision or terms of this Agreement shall be for any reason whatsoever whatsoever, including regulatory, held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 218 contracts

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp), Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2002-14 Trust), Pooling and Servicing Agreement (Norwest Asset Securities Corp 1999-22 Trust)

Severability of Provisions. If any one or more of the covenants, agreements, provisions or of terms of this Agreement shall be held invalid for any reason whatsoever held invalid or unenforceable in any jurisdictionwhatsoever, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or of enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 193 contracts

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-Fxd1), Servicing Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-2)

Severability of Provisions. If any one or more of the agreements, provisions or terms provision of this Agreement shall is held to be invalid for any reason whatsoever held invalid or unenforceable in any jurisdictionwhatsoever, then such agreements, provisions or terms shall provision will be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall will in no way affect the validity or enforceability of the any other provisions provision of this Agreement or the other rights of the parties heretoAgreement.

Appears in 9 contracts

Samples: Exchange Agreement (Techsys Inc), Agreement (Eos International Inc), Agreement and Plan of Merger (Almedica International Inc)

Severability of Provisions. If any one provision or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid to be invalid, illegal or unenforceable in any jurisdictionunenforceable, then such agreementsthe validity, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement legality and shall in no way affect the validity or enforceability of the other remaining provisions of this Agreement shall not in any way be affected or the other rights of the parties heretobe impaired thereby.

Appears in 9 contracts

Samples: Engagement Agreement (Walker Innovation Inc.), Software License and Support Services Agreement (Hemacare Corp /Ca/), Non Disclosure Agreement (Freemarkets Inc)

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 8 contracts

Samples: Spread Account Agreement (BLC Financial Services Inc), Spread Account Agreement (Money Store of New York Inc), Spread Account Agreement (BLC Financial Services Inc)

Severability of Provisions. If any one or more of the agreements, provisions or terms of contained in this Agreement or any documents executed in connection herewith shall be for any reason whatsoever held invalid invalid, illegal, or unenforceable in any jurisdictionrespect, then such agreementsthe validity, provisions or terms shall be deemed severable from the remaining covenantslegality, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other remaining provisions of this Agreement contained herein shall not in any way be affected or the other rights of the parties heretoimpaired.

Appears in 7 contracts

Samples: Financing Agreement (Nortel Networks LTD), Accounts Payable Financing Agreement (Nortel Networks Corp), Financing Agreement (Impsat Fiber Networks Inc)

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever be held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other remaining provisions or of this Agreement the Certificates or the other rights of the parties heretoHolders.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust), Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust)

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid determined to be invalid, illegal or unenforceable in any jurisdictionrespect for any reason, then the validity, legality and enforceability of any such agreements, provisions or terms shall be deemed severable from provision in every other respect and of the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoshall not be impaired in any way.

Appears in 3 contracts

Samples: Exchange Agreement (Coram Healthcare Corp), Stockholder Agreement (Goldman Sachs Group Inc/), Exchange Agreement (Goldman Sachs Group Inc/)

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever whatever held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, covenants and provisions or terms of this Agreement Agreement, and shall in no way affect the validity or enforceability of such remaining provisions, the other provisions rights of any parties hereto, or the rights of the Trustee, MBIA or any Certificateholder. To the extent permitted by law, the parties hereto waive any provision of law which renders any provision of this Agreement prohibited or the other rights of the parties heretounenforceable in any respect.

Appears in 3 contracts

Samples: Servicing Agreement (Granite Financial Inc), Servicing Agreement (Granite Financial Inc), Servicing Agreement (Granite Financial Inc)

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever whatever held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, covenants and provisions or terms of this Agreement Agreement, and shall in no way affect the validity or enforceability of such remaining provisions, the other provisions rights of any parties hereto, or the rights of the Indenture Trustee or any Noteholder. To the extent permitted by law, the parties hereto waive any provision of law which renders any provision of this Agreement prohibited or the other rights of the parties heretounenforceable in any respect.

Appears in 2 contracts

Samples: Servicing Agreement (Nova Corp \Ga\), Servicing Agreement (Microfinancial Inc)

Severability of Provisions. If any one term or more provision of this Agreement or the agreementsapplication thereof to any person or circumstances shall, provisions to any extent, be held invalid or unenforceable, the remainder of this Agreement, or the application of such terms or provision, to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected, and every other term and provision of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdiction, then such agreements, provisions or terms shall be deemed severable from valid and enforceable to the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoextent permitted by law.

Appears in 2 contracts

Samples: CDBG Capital Improvement Agreement, Agreement

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever be held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other remaining provisions of this Agreement or of the other Certificates or the rights of the parties heretoCertificateholders.

Appears in 2 contracts

Samples: Servicing Agreement (Ace Securities Corp), Asset Backed Securities Corp

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Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdiction, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties hereto.. 11 (Nissan 2013-B Administration Agreement)

Appears in 2 contracts

Samples: Administration Agreement (Nissan Auto Receivables 2013-B Owner Trust), Administration Agreement (Nissan Auto Receivables 2013-B Owner Trust)

Severability of Provisions. c If any one or more of the covenants, agreements, provisions provision or terms of this Agreement shall be for any reason whatsoever whatsoever, including regulatory, held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-5)

Severability of Provisions. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever whatever held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, covenants and provisions or terms of this Agreement Agreement, and shall in no way affect the validity or enforceability of such remaining provisions, the other provisions rights of any parties hereto, or the rights of the Indenture Trustee, the Note Insurer or any Noteholder. To the extent permitted by law, the parties hereto waive any provision of law which renders any provision of this Agreement prohibited or the other rights of the parties heretounenforceable in any respect.

Appears in 1 contract

Samples: Servicing Agreement (Microfinancial Inc)

Severability of Provisions. If any one or more of the covenants, agreements, provisions provision or terms of this Agreement shall be for any reason whatsoever whatsoever, including regulatory, held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties hereto.Agreement. Section 4.06

Appears in 1 contract

Samples: Special Servicing and Collateral Fund Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-17 Trust)

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdictioninvalid, then such covenants, agreements, provisions or terms shall be deemed severable from form the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Capstead Mortgage Corp)

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever be held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other remaining provisions of this Agreement or of the other Notes or the rights of the parties hereto.Noteholders. 47

Appears in 1 contract

Samples: Transfer and Servicing Agreement (First Bankcard Master Credit Card Trust)

Severability of Provisions. If any one or more of the covenants, agreements, provisions provision or terms of this Agreement shall be for any reason whatsoever whatsoever, including regulatorfy, held invalid or unenforceable in any jurisdictioninvalid, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties heretoAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-7)

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