Common use of GENERAL PROVISIONS Clause in Contracts

GENERAL PROVISIONS. 14.1 Banking Day. Where reference is made in this Loan Agreement to a "Banking Day" this means a day other than a Saturday or Sunday on which commercial banks in Frankfurt am Main, Federal Republic of Germany and in Belgrade, Republic of Serbia are open for general business. 14.2 Place of performance. The place of performance for all obligations under this Loan Agreement is Frankfurt am Main, Federal Republic of Germany 14.3 Partial invalidity and gaps. If any provision of this Loan Agreement is or becomes invalid, or if there is a gap in any of the provisions of this Loan Agreement, this will not affect the validity of the remaining provisions hereof. The parties to this Loan Agreement will replace any invalid provision by a legally valid one which comes as close as possible to the spirit and purpose of the invalid provision. The parties will fill any gap in the provisions with a legally valid provision which comes as close as possible to the spirit and purpose of this Loan Agreement. 14.4 Written form. Any addenda and amendments to this Loan Agreement must be in writing. The parties may waive the written form requirement only in writing. 14.5 Assignment. The Borrower may not assign or transfer, pledge or mortgage any claims from this Loan Agreement. 14.6 Applicable law. This Loan Agreement is governed by German law.