Common use of Separate Provisions Clause in Contracts

Separate Provisions. In the event that any of the covenants, agreements, terms or provisions contained in the Obligation, this Mortgage or any other instrument securing the Obligation shall be invalid, illegal or unenforceable in any respect, the validity of the remaining covenants, agreements, terms and provisions contained herein and in the Obligation and any other instrument securing the Obligation shall be in no way affected, prejudiced or disturbed thereby.

Appears in 2 contracts

Sources: Mortgage, Security Agreement, and Assignment of Leases and Rents (Meridian Industrial Trust Inc), Mortgage and Security Agreement (Meridian Industrial Trust Inc)