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 Parent Pledge 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 Parent Pledge 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 Parent Pledge Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this Parent Pledge 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 Parent Pledge Agreement are declared to be severable.

Limitation by Law; Severability of Provisions. All rights, remedies and powers provided in this Parent Pledge 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 Parent Pledge 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 Parent Pledge Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this Parent Pledge Agreement that is held to be inoperativeinvalid, unenforceable, illegal or invalid unenforceable in any jurisdiction shall, as to that such jurisdiction, be inoperativeineffective to the extent of such invalidity, unenforceable, illegality or invalid unenforceability without affecting the validity, legality and enforceability of the remaining provisions thereof; and the invalidity of a particular provision in that a particular jurisdiction or the operation, enforceability, or validity of that shall not invalidate such provision in any other jurisdiction, and to this end the provisions of this Parent Pledge Agreement are declared to be severable.