Severability; Amendments; Assignment Sample Clauses

The "Severability; Amendments; Assignment" clause serves to address three key aspects of contract management: the independence of contract provisions, the process for making changes, and the transferability of contractual rights or obligations. Severability ensures that if any part of the contract is found to be invalid or unenforceable, the remaining provisions will still be effective. The amendments portion typically requires that any changes to the agreement must be made in writing and agreed upon by all parties, while the assignment section outlines whether and how a party may transfer its rights or obligations to another entity. This clause is essential for maintaining the integrity of the contract, providing a clear process for modifications, and controlling the transfer of contractual interests, thereby reducing uncertainty and potential disputes.
Severability; Amendments; Assignment. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions shall not in any way be affected thereby. This Agreement may not be amended or modified in any manner except by a written agreement executed by the parties hereto. This Agreement shall extend to and shall be binding upon the parties hereto, and their respective successors and assigns; provided, however, that this Agreement shall not be assignable by any party without the written consent of the other parties.
Severability; Amendments; Assignment. In case any provision in or obligation hereunder or under any other Credit Document shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby. This Agreement may not be amended or modified in any manner except by a written agreement executed by the parties hereto. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of Secured Party. None of Pledgor’s rights or obligations hereunder nor any interest therein may be assigned or delegated by Pledgor without the prior written consent of Secured Party.
Severability; Amendments; Assignment. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions shall not in any way be affected thereby. This Agreement may not be amended or modified in any manner except by a written agreement executed by the parties hereto. Except as permitted in this Agreement, neither Custodian nor Administrator may transfer or assign this Agreement, including as part of a merger or change of control, or Subcontract the performance of any services without the prior written consent of Company and New York Fed. Company and New York Fed may each give or withhold their consent to any proposed transfer, assignment, or Subcontract in their sole discretion. Any transfer, assignment, or Subcontract made by Custodian or Administrator without Company’s and New York Fed’s consent is void. Custodian and Administrator will remain liable to Company and New York Fed for the performance of this Agreement by any approved transferee, assignee, or Subcontractor. As set forth in Section 22 of Article V, Custodian and Administrator may appoint Persons, including Affiliates, to perform Centralized Functions. Each of Custodian and Administrator shall cause any Person it engages to perform Centralized Functions to do so in accordance with the terms of this Agreement, and shall remain liable for all such services performed by such Persons as if such services were performed directly by Custodian or Administrator. Neither Company nor New York Fed shall be directly liable to any Person so engaged by Custodian or Administrator and neither Custodian nor Administrator shall impose additional fees for such services or any expenses incurred by the Custodian or Administrator to engage such Person. This Agreement shall be binding upon and inure to the benefit of Company, New York Fed, Custodian and Administrator and their respective successors and assigns permitted hereby.
Severability; Amendments; Assignment. If any provision of this agreement is determined to be invalid or unenforceable in any respect, such determination will not affect such provision in any other respect or any other provision of this agreement, which will remain in full force and effect. This agreement may not be amended, waived or assigned except in writing and signed by both GCA AM and ROI. This agreement shall be binding upon and for the benefit of ROI and GCA AM and their respective successors and permitted assigns.
Severability; Amendments; Assignment. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions shall not in any way be affected thereby. This Agreement may not be amended or modified in any manner except by a written agreement executed by the parties hereto; provided however that this Agreement may be amended or modified by written agreement of the Pledgor and Securities Intermediary upon thirty (30) days' prior written notice to Secured Party if such amendment or modification does not modify Secured Party's rights to exercise exclusive control over the Collateral or the Securities Intermediary's standard of care or obligations to Secured Party. This Agreement shall extend to and shall be binding upon the parties hereto, and their respective successors and assigns; provided, however, that this Agreement shall not be assignable by any party without the written consent of the other parties; provided however that this Agreement may be assigned by Pledgor without consent to the extent that the Securities Loan Agreement may be assigned by Pledgor according to its terms without consent and Pledgor simultaneously assigns the Securities Loan Agreement and this Agreement to the same party.
Severability; Amendments; Assignment. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions shall not in any way be affected thereby. This Agreement may not be amended or modified in any manner except by a written agreement executed by the parties hereto. Except as permitted in this Agreement, neither Account Party may transfer or assign this Agreement, including as part of a merger or change of control, or subcontract the performance of any services without the prior written consent of Company and FRBNY. Company and FRBNY may each give or withhold their consent to any proposed transfer, assignment, or subcontract in their sole discretion. Any transfer, assignment, or subcontract made by an Account Party without Company’s and FRBNY’s consent is void. The Account Parties will remain liable to Company and FRBNY for the performance of this Agreement by any approved transferee, assignee, or subcontractor. This Agreement shall be binding upon and inure to the benefit of Company, FRBNY and the Account Parties and their respective successors and assigns permitted hereby.