Common use of Severability of Provision Clause in Contracts

Severability of Provision. If any one or more of the covenants, agreements, provisions or terms of the Trust Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of the Trust Agreement and shall in no way affect the validity or enforceability of the other provisions of the Trust Agreement or of the Certificates or the rights of the Holders thereof.

Appears in 46 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (STARM Mortgage Loan Trust 2007-1), Master Servicing (GSR Mortgage Loan Trust 2007-Ar2)

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Severability of Provision. If any one or more of the covenants, agreements, provisions or terms of the Trust Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of the Trust Agreement and shall in no way affect the validity or enforceability of the other provisions of the Trust Agreement or of the Certificates or the rights of the Holders thereof.. 100

Appears in 1 contract

Samples: Trust Agreement (GSR Mortgage Loan Trust 2007-Ar1)

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Severability of Provision. If any one or more of the covenants, agreements, provisions provisions, or terms of the Trust this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions provisions, or terms shall be deemed severable from the remaining covenants, agreements, provisions provisions, or terms of the Trust this Agreement and shall in no way affect the validity or enforceability of the other provisions of the Trust Agreement or of the Certificates or the rights of the Holders thereofthis Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Prudential Securities Secured Financing Corp)

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