Common use of Invalid Terms Clause in Contracts

Invalid Terms. In the event any provision contained in this Debenture shall, for any reason, be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Debenture, and this Debenture shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein.

Appears in 3 contracts

Sources: Senior Unsecured Convertible Promissory Debenture (Spare Backup, Inc.), Convertible Debenture (International Cosmetics Marketing Co), Convertible Subordinated Promissory Debenture (Spare Backup, Inc.)