Common use of Enforceability despite invalidity of Agreement Clause in Contracts

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9, the jurisdiction agreement contained in this clause 20 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 21 contracts

Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Partners L.P.)

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Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9, the jurisdiction agreement contained in this clause 20 19 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 12 contracts

Samples: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.), Facility Agreement (Navios Maritime Partners L.P.)

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9, the The jurisdiction agreement contained in this clause 20 19 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 8 contracts

Samples: Facility Agreement, Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP)

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9, the The jurisdiction agreement contained in this clause 20 18 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 4 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9, the jurisdiction agreement contained in this clause 20 18 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 4 contracts

Samples: Facility Agreement, Facility Agreement (Navios Maritime Midstream Partners LP), Facility Agreement (Navios Maritime Midstream Partners LP)

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Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.913.6, the jurisdiction agreement contained in this clause 20 18 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 3 contracts

Samples: Facility Agreement (Euroseas Ltd.), Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.913.6, the jurisdiction agreement contained in this clause 20 17 shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Enforceability despite invalidity of Agreement. Without prejudice to the generality of clause 13.9Clause 18.6 (Disclosure of Information), the jurisdiction agreement contained in this clause 20 Clause 21 (Jurisdiction) shall be severable from the rest of this Agreement and shall remain valid, binding and in full force and shall continue to apply notwithstanding this Agreement or any part thereof being held to be avoided, rescinded, terminated, discharged, frustrated, invalid, unenforceable, illegal and/or otherwise of no effect for any reason.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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