Force of the Contract. 15.1 The Contract is independent from the Master Contract. For any reasons the Master Contract becomes null, the Contract shall remain in full force. Guarantor’s joint liabilities under the Contract shall cover Debtor’s contractual obligations upon the invalid Master Contract. 15.2 If a certain paragraph or content of a certain paragraph herein is deemed as ineffective by now or in the future, such paragraph or content shall not affect the legal power of Contract, other paragraphs or other content of such paragraph.
Appears in 7 contracts
Samples: Maximum Value Guarantee Contract (Toda International Holdings Inc.), Maximum Value Guarantee Contract (Toda International Holdings Inc.), Maximum Value Guarantee Contract (Toda International Holdings Inc.)
Force of the Contract. 15.1 The Contract is independent from the Master Contract. For any reasons the Master Contract becomes null, the Contract shall remain in full force. Guarantor’s Guarantors’ joint liabilities under the Contract shall cover Debtor’s contractual obligations upon the invalid Master Contract.
15.2 If a certain paragraph or content of a certain paragraph herein is deemed as ineffective by now or in the future, such paragraph or content shall not affect the legal power of Contract, other paragraphs or other content of such paragraph.
Appears in 1 contract
Samples: Maximum Value Guarantee Contract (Toda International Holdings Inc.)
