Common use of Invalidity of Any Part Clause in Contracts

Invalidity of Any Part. If any provision or part of any provision of this GUARANTY shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this GUARANTY, and this GUARANTY shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 9 contracts

Samples: Guaranty Agreement (Avatech Solutions Inc), Guaranty Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp)

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Invalidity of Any Part. If any provision or part of any provision of this GUARANTY Guarantee shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this GUARANTYGuarantee, and this GUARANTY Guarantee shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 3 contracts

Samples: Guarantee (GTJ Reit, Inc.), GTJ Reit, Inc., Debt Service Guarantee (Lake Area Corn Processors LLC)

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