Common use of Effectiveness and Severability Clause in Contracts

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 16 contracts

Samples: Master Loan Agreement (American Crystal Sugar Co /Mn/), Master Loan Agreement (Dakota Growers Pasta Co Inc), Master Loan Agreement (FCStone Group, Inc.)

AutoNDA by SimpleDocs

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank Agent has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 5 contracts

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.), Master Loan Agreement (Advanced BioEnergy, LLC), Master Loan Agreement (Advanced BioEnergy, LLC)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, Agreement and all the other Loan Documents shall have been paid or satisfied; (iiB) CoBank has no commitment to extend credit to or for the account of the Company under any Promissory Note and Supplement; (C) all Promissory Notes and Supplements shall have been terminated; and (iiiD) either party sends written notice to the other party terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or thereof.

Appears in 4 contracts

Samples: Master Loan Agreement (Pennichuck Corp), Master Loan Agreement (Southwest Water Co), Master Loan Agreement (Connecticut Water Service Inc / Ct)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 3 contracts

Samples: Master Loan Agreement (South Dakota Soybean Processors LLC), Master Loan Agreement (U. S. Premium Beef, LLC), Master Loan Agreement (Dakota Growers Pasta Co Inc)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) all indebtedness and obligations of the Company Borrowers under this agreementAgreement, all Supplements, all Notes and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company Borrowers under any Supplement; and (iii) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 2 contracts

Samples: Master Loan Agreement (Knology Inc), Master Loan Agreement (Knology Inc)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company with respect to all Loans by CoBank under this agreement, all Supplements, Agreement and all the other Loan Documents and Indenture Documents shall have been paid or satisfied; (iiB) CoBank has no commitment to extend credit to or for the account of the Company under any Promissory Note or any Supplement; (C) all Promissory Notes and all Supplements shall have been terminated; and (iiiD) either party sends written notice to the other party terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or thereof.

Appears in 2 contracts

Samples: Master Loan Agreement (Chugach Electric Association Inc), Master Loan Agreement (Chugach Electric Association Inc)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank Agent has no commitment to extend credit to or for the account of the Company under any Supplement; and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 2 contracts

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.), Master Loan Agreement (Green Plains Renewable Energy, Inc.)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) all indebtedness and obligations of the Company Borrower under this agreementAgreement, all Supplements, all Notes and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Supplement; and (iii) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 2 contracts

Samples: Master Loan Agreement (New Ulm Telecom Inc), Master Loan Agreement (New Ulm Telecom Inc)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company Borrower under this agreementAgreement, all SupplementsNotes, all Supplements and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Note or any Supplement; and (iiiC) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 2 contracts

Samples: Master Loan Agreement (Nuvera Communications, Inc.), Master Loan Agreement (New Ulm Telecom Inc)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i1) all indebtedness and obligations of the Company under this agreement, all Supplements, Agreement and all the other Loan Documents shall have been paid or satisfied; (ii2) CoBank has no commitment to extend credit to or for the account of the Company under any Note and Supplement; and (iii3) either party sends written notice to the other party terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, shall be ineffective to the extent of such prohibition or unenforceability unenforceable without invalidating the remaining provisions hereof or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Chugach Electric Association Inc)

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (FCStone Group, Inc.)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) until all indebtedness and obligations of the Company Borrower under this agreementAgreement, all Supplements, all Notes and all other Loan Documents shall have been fully and finally paid or satisfied; (ii) satisfied and CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Shenandoah Telecommunications Co/Va/)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) all indebtedness Indebtedness and obligations of the Company Borrower under this agreementAgreement, all Supplements, all Notes and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Supplement; and (iii) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Warwick Valley Telephone Co)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; : (iiB) CoBank Agent has no commitment to extend credit to or for the account of the Company under any Supplement; : and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Advanced BioEnergy, LLC)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank Lead Lender has no commitment to extend credit to or for the account of the Company under any Supplement; and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Granite Falls Energy, LLC)

AutoNDA by SimpleDocs

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company Borrower under this agreementAgreement, all SupplementsNotes, all Supplements and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Note or any Supplement; and (iiiC) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Warwick Valley Telephone Co)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreementAgreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (American Crystal Sugar Co /Mn/)

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment commitments to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Diamond Foods Inc)

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof. SECTION 20.

Appears in 1 contract

Samples: Master Loan Agreement (Gold Kist Inc)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank has Lead Lender and Agent have no commitment to extend credit to or for the account of the Company under any Supplement; and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Golden Grain Energy)

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplementsthe Note, and all other Loan Documents shall have been paid or satisfied; and (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreementhereunder. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Credit Agreement (Calavo Growers Inc)

Effectiveness and Severability. This agreement Agreement shall continue in effect until: (i) all indebtedness and obligations of the Company Borrower under this agreementAgreement, all SupplementsNotes, all Supplements and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company Borrower under any Note or any Supplement; and (iii) either party sends written notice to the other terminating this agreementAgreement. Any provision of this agreement Agreement or any other Loan Document which is 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 or thereof.. Master Loan Agreement/CT Communications, Inc. MLA No. RX 0383

Appears in 1 contract

Samples: Master Loan Agreement (Ct Communications Inc /Nc)

Effectiveness and Severability. This agreement shall continue in effect until: (iA) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (iiB) CoBank Farm Credit has no commitment to extend credit to or for the account of the Company under any Supplement; and (iiiC) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.

Appears in 1 contract

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.)

Effectiveness and Severability. This agreement shall continue in effect until: (i) all indebtedness and obligations of the Company under this agreement, all Supplements, and all other Loan Documents shall have been paid or satisfied; (ii) CoBank has no commitment to extend credit to or for the account of the Company under any Supplement; and (iii) either party sends written notice to the other terminating this agreement. Any provision of this agreement or any other Loan Document which is 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 or thereof.. Master Loan Agreement RIA333

Appears in 1 contract

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.