Common use of Covenant Independence Clause in Contracts

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception in one covenant shall not create an exception in another covenant.

Appears in 16 contracts

Samples: Revolving Credit Loan Agreement (Thomas Group Inc), Revolving Credit Loan Agreement (Sterling Construction Co Inc), Loan Agreement (Henley Healthcare Inc)

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Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception or illegality in one covenant shall not create an exception or illegality in another covenant.

Appears in 9 contracts

Samples: Credit Agreement (Ballast Point Brewing & Spirits, Inc.), Credit Agreement (Nexx Systems Inc), Credit Agreement (Nexx Systems Inc)

Covenant Independence. Each covenant provision in this Agreement shall be deemed to be independent of any other covenantprovision, and an exception in one covenant provision shall not create an exception in another covenantprovision.

Appears in 3 contracts

Samples: Guaranty and Commercial Security Agreement (Superior Consultant Holdings Corp), Guaranty and Commercial Security Agreement (Superior Consultant Holdings Corp), Revolving Credit and Security Agreement (Superior Consultant Holdings Corp)

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception illegality in one covenant shall not create an exception in or illegality another covenant.

Appears in 3 contracts

Samples: Credit Agreement (Xponential Inc), Revolving Credit Agreement (Pawnmart Inc), Revolving Credit Agreement (Pawnmart Inc)

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception in or illegality of one covenant shall not create an exception or illegality in another covenant.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Mission West Properties Inc), Revolving Credit Loan Agreement (Mission West Properties Inc)

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception illegality in one covenant shall not create an exception in or illegality another covenant.

Appears in 2 contracts

Samples: Loan Agreement (Pawnmart Inc), Brightstar Information Technology Group Inc

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception or illegality in one covenant shall not create an exception in or illegality another covenant.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Riviera Tool Co)

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Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, and an exception the unenforceability in one covenant shall not create an exception in another covenantrender any other covenant unenforceable.

Appears in 1 contract

Samples: Master Loan and Investment Agreement (Tset Inc)

Covenant Independence. Each covenant in this Amended Agreement shall be deemed to be independent of any other covenant, and an exception the unenforceability in one covenant shall not create an exception in another covenantrender any other covenant unenforceable.

Appears in 1 contract

Samples: Master Loan and Investment Agreement (Kronos Advanced Technologies Inc)

Covenant Independence. Each covenant in this Agreement shall be deemed --------------------- to be independent of any other covenant, and an exception or illegality in one covenant shall not create an exception or illegality in another covenant.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Symmetricom Inc)

Covenant Independence. Each covenant in this Agreement shall be deemed to be independent of any other covenant, covenant and an exception or illegality in one covenant shall not create an exception or illegality in another covenant.

Appears in 1 contract

Samples: Loan Agreement (Organic Inc)

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