Common use of Force of the Contract Clause in Contracts

Force of the Contract. 15.1 The Contract is independent from the Master Contract. For any reasons the Master Contract becomes null, the Contract shall remain in full force. Guarantor’s joint liabilities under the Contract shall cover Debtor’s contractual obligations upon the invalid Master Contract.

Appears in 7 contracts

Samples: Maximum Value Guarantee Contract (Toda International Holdings Inc.), Maximum Value Guarantee (Toda International Holdings Inc.), Toda International Holdings Inc.

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Force of the Contract. 15.1 The Contract is independent from the Master Contract. For any reasons the Master Contract becomes null, the Contract shall remain in full force. Guarantor’s Guarantors’ joint liabilities under the Contract shall cover Debtor’s contractual obligations upon the invalid Master Contract.

Appears in 1 contract

Samples: Toda International Holdings Inc.

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