Common use of AMENDMENTS AND PARTIAL INVALIDITY Clause in Contracts

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 6 contracts

Samples: Pledge Over Shares Agreement (RenPac Holdings Inc.), Pledge Over Shares Agreement (RenPac Holdings Inc.), Pledge Agreement (RenPac Holdings Inc.)

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AMENDMENTS AND PARTIAL INVALIDITY. 16.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 4 contracts

Samples: Pledge Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.)

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 1. Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 2. If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 4 contracts

Samples: Pledge Agreement (Reynolds Group Holdings LTD), Share Pledge Agreement (Reynolds Group Holdings LTD), Account Pledge Agreement (Reynolds Group Holdings LTD)

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 15.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 15.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 3 contracts

Samples: Third Ranking Pledge Over Shares Agreement (RenPac Holdings Inc.), Pledge Agreement (RenPac Holdings Inc.), Second Ranking Pledge Over Shares Agreement (RenPac Holdings Inc.)

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 15.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written formform executed by the parties hereto. 16.2 15.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (International Lease Finance Corp), Term Loan Security Agreement (International Lease Finance Corp)

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AMENDMENTS AND PARTIAL INVALIDITY. 16.1 15.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written formform and consent of each party hereto, not unreasonably withheld. 16.2 15.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 1 contract

Samples: Pledge Over Shares Agreement (WP Prism Inc.)

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 17.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 17.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 1 contract

Samples: Pledge Over Shares Agreement (RenPac Holdings Inc.)

AMENDMENTS AND PARTIAL INVALIDITY. 16.1 15.1 Changes to this Pledge Agreement and any waiver of rights under this Pledge Agreement shall require written form. 16.2 15.2 If any provision of this Pledge Agreement is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Pledge Agreement and the remaining provisions of this Pledge Agreement shall remain in full force and effect. The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

Appears in 1 contract

Samples: Pledge Over Receivables Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.)

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