Common use of Extent and duration Clause in Contracts

Extent and duration. The suspension or cancellation: (a) must apply only to the extent necessary to avoid the illegality or impossibility; and (b) in the case of suspension, may continue only for so long as the illegality or impossibility continues.

Appears in 8 contracts

Samples: Bank Guarantee Facility General Terms and Conditions, Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp)

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Extent and duration. The suspension or cancellation:cancellation referred to in clause 12.6 (“Dealer’s right to suspend or cancel”): (a) must apply only to the extent necessary to avoid the illegality or impossibility; and (b) in the case of suspension, may continue only for so long as the illegality or impossibility continues.

Appears in 1 contract

Samples: Dealer Agreement (Wachovia Corp New)

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