Common use of Severability; Binding Effect Clause in Contracts

Severability; Binding Effect. Amendments to be in ------------------------------------------------- Writing. Each provision hereof shall be separate and independent and the breach ------- of any such provision by Lessor shall not discharge or relieve Lessee from its obligations to perform each and every covenant to be performed by Lessee hereunder. If any provision hereof or the application thereof to any person or circumstance shall to any extent be invalid or unenforceable, the remaining provisions hereof, or the application of such provision to persons or circumstances other than those to which it is invalid or unenforceable, shall not be affected thereby, and each provision hereof shall be valid and enforceable to the extent permitted by law. All provisions contained in this Lease shall be binding upon, inure to the benefit of, and be enforceable by, the respective successors and assigns of Lessor and Lessee to the same extent as if each such successor and assign were named as a party hereto. Subject to the provisions of Paragraph 19(c) hereof, this Lease may not be changed, modified or discharged except by a writing signed by Lessor and Lessee, and, provided no Event of Default has occurred and is continuing thereunder, consented to by the lessee under the Majestic Lease, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Sources: Parking Lease (Trump Hotels & Casino Resorts Funding Inc)

Severability; Binding Effect. Amendments to be in ------------------------------------------------- Writing. Each provision hereof shall be separate and independent and the breach ------- of any such provision by Lessor shall not discharge or relieve Lessee from its obligations to perform each and every covenant to be performed by Lessee hereunder. If any provision hereof or the application thereof to any person or circumstance shall to any extent be invalid or unenforceable, the remaining provisions hereof, or the application of such provision to persons or circumstances other than those to which it is invalid or unenforceable, shall not be affected thereby, and each provision hereof shall be valid and enforceable to the extent permitted by law. All provisions contained in this Lease shall be binding upon, inure to the benefit of, and be enforceable by, the respective successors and assigns of Lessor and Lessee to the same extent as if each such successor and assign were named as a party hereto. Subject to the provisions of Paragraph 19(c) hereof, this Lease may not be changed, modified or discharged except by a writing signed by Lessor and Lessee, and, provided no Event of Default has occurred and is continuing thereunder, consented to by the lessee under the Majestic Lease, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Sources: Parking Lease (Trump Indiana Inc)

Severability; Binding Effect. Amendments to be in ------------------------------------------------- Writing. Each provision hereof shall be separate and independent and the breach ------- of any such provision by Lessor Landlord shall not discharge or relieve Lessee Tenant from any of its obligations hereunder. Each provision hereof shall be valid and shall be enforceable to perform each and every covenant to be performed the extent not prohibited by Lessee hereunderlaw. If any provision hereof or the application thereof to any person or circumstance shall to any extent be invalid or unenforceable, the remaining provisions hereof, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby, and each provision hereof shall be valid and enforceable to the extent permitted by law. All provisions contained in this Lease shall be binding upon, inure to the benefit of, and be enforceable by, the respective successors and assigns of Lessor and Lessee Landlord to the same extent as if each such successor and assign were named as a party hereto. Subject All provisions contained in this Lease shall be binding upon the successors and assigns of Tenant and shall inure to the provisions benefit of Paragraph 19(c) hereof, this Lease may not and be changed, modified or discharged except by a writing signed by Lessor and Lessee, and, provided no Event of Default has occurred and is continuing thereunder, consented to enforceable by the lessee under permitted successors and assigns of Tenant in each case to the Majestic Lease, which consent shall not be unreasonably withheld, conditioned or delayedsame extent as if each such successor and assign were named as a party hereto.

Appears in 1 contract

Sources: Lease Agreement (Phoenix Container, Inc.)