Common use of Independence of Provisions Clause in Contracts

Independence of Provisions. All agreements and covenants hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 36 contracts

Samples: Revolving Credit Agreement (Gap Inc), Revolving Credit Agreement (Rayonier Advanced Materials Inc.), Revolving Credit Agreement (Rayonier Advanced Materials Inc.)

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Independence of Provisions. All agreements and covenants hereunder hereunder, under the Loan Documents, and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 18 contracts

Samples: Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.), Credit Agreement (Jakks Pacific Inc)

Independence of Provisions. All agreements and covenants hereunder and under the other Credit Documents shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 10 contracts

Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/)

Independence of Provisions. All agreements and covenants hereunder hereunder, under the Loan Documents and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 9 contracts

Samples: Revolving Loan and Security Agreement (Berry Corp (Bry)), Revolving Loan and Security Agreement, Loan Agreement (Alpha Investment Inc.)

Independence of Provisions. All agreements and covenants hereunder and under the Loan Documents shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Phycor Inc /Tn/), Revolving Credit Agreement (Phycor Inc /Tn/), Credit Agreement (Foundation Health Systems Inc)

Independence of Provisions. All agreements and covenants hereunder herein and in the other Loan Documents shall be given independent effect such that so that, if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 3 contracts

Samples: Financing Agreement (Harvard Industries Inc), Financing Agreement (Harvard Industries Inc), Assignment and Transfer Agreement (Harvard Industries Inc)

Independence of Provisions. All agreements and covenants hereunder and under the other Loan Documents shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 3 contracts

Samples: Senior Subordinated Note and Warrant Purchase Agreement (Kellstrom Industries Inc), Security Agreement (Central Financial Acceptance Corp), Security Agreement (Hispanic Express Inc)

Independence of Provisions. All agreements and covenants hereunder hereunder, under the Loan Documents, and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of or another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 3 contracts

Samples: Credit Agreement (Equity Media Holdings CORP), Credit Agreement (Coconut Palm Acquisition Corp.), Credit Agreement (Coconut Palm Acquisition Corp.)

Independence of Provisions. All agreements and covenants -------------------------- hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 2 contracts

Samples: Credit Agreement (Gap Inc), Credit Agreement (Gap Inc)

Independence of Provisions. All agreements and covenants hereunder hereunder, under the Other Documents and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 2 contracts

Samples: Loan Agreement (Snail, Inc.), Loan Agreement (Snail, Inc.)

Independence of Provisions. All agreements and covenants hereunder hereunder, and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Shared Appreciation Agreement (Omp Inc)

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Independence of Provisions. All agreements and covenants hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.of

Appears in 1 contract

Samples: Loan Agreement (Pacific United Group Inc)

Independence of Provisions. All agreements and covenants ---------------------------------------- hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Independence of Provisions. All agreements and covenants hereunder shall be given independent effect such that that, if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Revolving Credit Agreement (Varex Imaging Corp)

Independence of Provisions. All agreements and covenants hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.. SECTION 10.11

Appears in 1 contract

Samples: Revolving Credit Agreement (Gap Inc)

Independence of Provisions. All agreements and covenants hereunder -------------------------- hereunder, under the Loan Documents, and the other documents, instruments, and agreements entered into in connection herewith shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pcsupport Com Inc)

Independence of Provisions. All agreements and -------------------------- covenants hereunder shall be given independent effect such that if a particular action or condition is prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Independence of Provisions. All agreements and covenants hereunder shall be given independent effect such that if a particular action or condition is 185 prohibited by the terms of any such agreement or covenant, the fact that such action or condition would be permitted within the limitations of another agreement or covenant shall not be construed as allowing such action to be taken or condition to exist.

Appears in 1 contract

Samples: Intercreditor Agreement (Gap Inc)

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