Common use of Limitation by Law; Severability of Provisions Clause in Contracts

Limitation by Law; Severability of Provisions. All rights, remedies and powers provided in this Canadian Cross-Border Security Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Canadian Cross-Border Security Agreement are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Canadian Cross-Border Security Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this Canadian Cross-Border Security Agreement that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of this Canadian Cross-Border Security Agreement are declared to be severable.

Limitation by Law; Severability of Provisions. All rights, remedies and powers provided in this Canadian Cross-Border Security Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Canadian Cross-Border Security Agreement are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Canadian Cross-Border Security Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this Canadian Cross-Border Security Agreement that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of this Canadian Cross-Border Security Agreement are declared to be severable.