Severability of Terms. If any one or more of the covenants, agreements or terms of the Trust Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements or terms shall be deemed severable from the remaining covenants, agreements or terms of the Trust Agreement and shall in no way affect the validity or enforceability of the other terms of the Trust Agreement or of the Units or the rights of the Holders thereof.
Appears in 10 contracts
Samples: Structured Asset Trust (MS Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)
Severability of Terms. If any one or more of the covenants, agreements or terms of the Trust this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements or terms shall be deemed severable from the remaining covenants, agreements or terms of the Trust this Agreement and shall in no way affect the validity or enforceability of the other terms of the Trust this Agreement or of the Units Certificates or the rights of the Holders thereofCertificateholders.
Appears in 9 contracts
Samples: Trust Agreement (Incapital Trust Products II LLC), Trust Agreement (Incapital Trust Products LLC), Trust Agreement (Incapital Trust Products LLC)
Severability of Terms. If any one or more of the covenants, agreements or terms of the Trust Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements or terms shall be deemed severable from the remaining covenants, agreements or terms of the Trust Agreement and shall in no way affect the validity or enforceability of the other terms of the Trust Agreement or of the Units Certificates or the rights of the Holders thereof.
Appears in 3 contracts
Samples: Trust Agreement (Comcertz Abs Corp), Trust Agreement (Comcertz Abs Corp), Comcertz Abs Corp
Severability of Terms. If any one or more of the covenants, agreements or terms of the Trust Agreement shall be for any reason whatsoever is held invalidinvalid or unenforceable, then such covenants, agreements or terms shall be deemed severable from the remaining covenants, agreements or terms of the Trust Agreement and such invalidity or unenforceability shall in no way affect the validity or enforceability of the other terms of the Trust Agreement or of the Units Certificates or the rights of the Holders holders thereof.
Appears in 3 contracts
Samples: Credit & Asset Repackaging Vehicle Corp, Credit & Asset Repackaging Vehicle Corp, Credit & Asset Repackaging Vehicle Corp
Severability of Terms. If any one or more of the covenants, agreements or terms of the Trust this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements or terms shall be deemed severable from the remaining covenants, agreements or terms of the Trust this Agreement and shall in no way affect the validity or enforceability of the other terms of the Trust this Agreement or of the Units Certificates or the rights of the Holders thereof.
Appears in 1 contract
