Common use of Severability; Validity; Parties in Interest Clause in Contracts

Severability; Validity; Parties in Interest. If any provision of this Agreement or the application thereof to any person or circumstance is held invalid or unenforceable, the remainder of this Agreement, and the application of such provision to other persons or circumstances, shall not be affected thereby, and to such end, the provisions of this Agreement are agreed to be severable. Nothing in this Agreement, express or implied, is intended to confer upon any person not a party to this Agreement (including any creditor or interest holder, or any employee or former employee of a Seller) any rights or remedies of any nature whatsoever under or by reason of this Agreement (except as provided otherwise in Sections 5.17 and 6.02).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Severability; Validity; Parties in Interest. If any provision of this Agreement Agreement, or the application thereof to any person or circumstance is held invalid or unenforceable, the remainder of this Agreement, and the application of such provision to other persons or circumstances, shall not be affected thereby, and to such end, the provisions of this Agreement are agreed to be severable. Nothing Except as provided in Sections 7.6, 7.9, 7.10, 7.14 and Exhibit D, nothing in this Agreement, express or implied, is intended to confer upon any person not a party to this Agreement (including any creditor or interest holder, or any employee or former employee of a Seller) any rights or remedies of any nature whatsoever under or by reason of this Agreement (except as provided otherwise in Sections 5.17 and 6.02)Agreement.

Appears in 2 contracts

Samples: V 7 Agreement and Plan of Merger (Uslife Corp), Agreement and Plan of Merger (American General Corp /Tx/)

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Severability; Validity; Parties in Interest. If any provision of this Agreement or the application thereof to any person or circumstance is held invalid or unenforceable, the remainder of this Agreement, and the application of such provision to other persons or circumstances, shall not be affected thereby, and to such end, the provisions of this Agreement are agreed to be severable. Nothing in this Agreement, express or implied, is intended to confer upon any person not a party to this Agreement (including any creditor or interest holder, or any employee or former employee of a Seller, creditor or interest holder) any rights or remedies of any nature whatsoever under or by reason of this Agreement (Agreement, except as otherwise explicitly provided otherwise in Sections 5.17 and 6.02).by ARTICLE X.

Appears in 1 contract

Samples: Asset Purchase Agreement (Brookdale Senior Living Inc.)

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