Common use of Invalid Provisions Clause in Contracts

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 38 contracts

Samples: Loan Agreement, Loan Agreement (University General Health System, Inc.), Loan Agreement (Craftmade International Inc)

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Invalid Provisions. If any Any provision of this Loan Agreement or any of the other Loan Documents is Document held by a court of competent jurisdiction to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and not invalidate the remaining provisions of this such Loan Agreement or any of the other Loan Documents Document which shall remain in full force and effect and the effect thereof shall not be affected by confined to the illegal, provision held invalid or unenforceable provision or by its severanceillegal.

Appears in 14 contracts

Samples: Revolving Credit Agreement (Amreit), Revolving Credit Agreement (Amreit), Credit Agreement (Regency Centers Corp)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 11 contracts

Samples: Loan and Security Agreement (AmeriCrew Inc.), Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 10 contracts

Samples: Loan and Security Agreement (Great Train Store Co), Loan Agreement (Oryx Technology Corp), Loan and Security Agreement (Caprock Communications Corp)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawsGovernmental Requirements, such provision shall will be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall will remain in full force and effect and shall will not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 9 contracts

Samples: Loan Agreement (Applied Blockchain, Inc.), Loan Agreement (Rush William M Rusty), Loan Agreement

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawslaws effective during the term thereof, such provision shall be fully severable severable, this Agreement and the other Loan Documents shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof or thereof, and the remaining provisions of this Loan Agreement hereof or any of the other Loan Documents thereof shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceeffect.

Appears in 8 contracts

Samples: Loan, Security and Pledge Agreement (Federal-Mogul Corp), Loan, Security and Pledge Agreement (Federal-Mogul Corp), Security Agreement (Silverleaf Resorts Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is are held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 8 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan Agreement (Onstream Media CORP), Loan and Security Agreement (Atsi Communications Inc/De)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is are held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 4 contracts

Samples: Loan and Security Agreement (Viewcast Com Inc), Exchange Agreement (Viewcast Com Inc), Loan and Security Agreement (Viewcast Com Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawslaws effective during the term thereof, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of and the other Loan Documents shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof or thereof, and the remaining provisions hereof or thereof shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceeffect.

Appears in 3 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Inventory Loan and Security Agreement (Silverleaf Resorts Inc), Inventory and Development Loan and Security Agreement (Silverleaf Resorts Inc)

Invalid Provisions. If any provision of this Loan Agreement or any provisions of the other Loan Documents is are held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 2 contracts

Samples: Loan and Security Agreement (CCF Holdings LLC), Loan and Security Agreement (Community Choice Financial Inc.)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawsGovernmental Requirements, such provision shall will be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall will remain in full force and effect and shall will not be affected by the illegal, invalid or unenforceable provision or by its severance. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Geospace Technologies Corp), Pledge and Security Agreement (Oyo Geospace Corp)

Invalid Provisions. If any provision of this Loan Agreement or any of the ------------------ other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawslaws effective during the term thereof, such provision shall be fully severable severable, this Agreement and the other Loan Documents shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof or thereof, and the remaining provisions of this Loan Agreement hereof or any of the other Loan Documents thereof shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceeffect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mego Financial Corp), Loan and Security Agreement (Signature Resorts Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of ------------------ the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Loan Agreement (Us Home Systems Inc /Tx)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid invalid, or unenforceable under present or future lawslaws effective during the term of this Agreement or such Loan Document, such provision provisions shall be fully severable and this Agreement or such Loan Document shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions of this Loan the Agreement or any of the other such Loan Documents Document shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceseverance from this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Global Industries LTD)

Invalid Provisions. If any provision of this any Loan Agreement or any of the other Loan Documents Document ------------------ is held to be illegal, invalid or unenforceable under present or future lawslaws during the term of this Agreement, such provision shall be fully severable severable; such Loan Document shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of such Loan Document; and the remaining provisions of this such Loan Agreement or any of the other Loan Documents Document shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision provisions or by its severanceseverance from such Loan Document.

Appears in 1 contract

Samples: Agreement (Cd Warehouse Inc)

Invalid Provisions. If any provision of this the Loan Agreement or any of the other Loan Documents Document is held to be illegalinvalid, invalid illegal or unenforceable under present or future lawslaws during the terms of this Agreement, such provision shall be fully severable severable; such Loan Document shall be construed and enforced as if such invalid, illegal or unenforceable provision had never comprised a part of such Loan Document; and the remaining provisions of this such Loan Agreement or any of the other Loan Documents Document shall remain in full force and effect and shall not be affected by the illegalinvalid, invalid illegal or unenforceable provision or by its severanceseverance from such Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Invalid Provisions. If any provision of this Loan Agreement or any ------------------- of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Interim Loan Agreement (Iexalt Inc)

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Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Term Loan Agreement (Usi Holdings Corp)

Invalid Provisions. If any provision of this any Loan Agreement or any of the other Loan Documents Document is held to be illegal, invalid or unenforceable under present or future lawsLaws during the term of this Agreement, such provision shall be fully severable severable; such Loan Document shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of such Loan Document; and the remaining provisions of this such Loan Agreement or any of the other Loan Documents Document shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceseverance from such Loan Document.

Appears in 1 contract

Samples: Loan and Security Agreement (Rules-Based Medicine Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the ------------------ other Loan Documents is held to be illegal, invalid or unenforceable under present or future lawslaws effective during the term thereof, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of and the other Loan Documents shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof or thereof, and the remaining provisions hereof or thereof shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceeffect.

Appears in 1 contract

Samples: Loan and Security Agreement (Mego Financial Corp)

Invalid Provisions. If any provision of this the Loan Agreement or any of the other Loan Documents Document is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Loan Agreement (Spectra Physics Lasers Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Letter Loan Agreement (Amx Corp /Tx/)

Invalid Provisions. If any provision of this any Loan Agreement or any of the other Loan Documents Document is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and Laws during the remaining provisions term of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.Agreement,

Appears in 1 contract

Samples: Credit Agreement (United States Exploration Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.. LOAN AND SECURITY AGREEMENT – PAGE 31 THERMO COMMUNICATIONS FUNDING, LLC – Verve Cloud, Inc.

Appears in 1 contract

Samples: Loan and Security Agreement (Digerati Technologies, Inc.)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severanceeffect.

Appears in 1 contract

Samples: Loan Agreement (Rampart Capital Corp)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Exhibit 10.113 Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Loan and Security Agreement (Clean Energy Fuels Corp.)

Invalid Provisions. If any provision of this any Loan Agreement or any of the other Loan Documents Document is held to be illegal, invalid or unenforceable under present or future lawslaws during the term of this Agreement, such provision shall be fully severable severable; such Loan Document shall be construed and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the enforced as if such illegal, invalid or unenforceable provision or by its severance.unenforceable

Appears in 1 contract

Samples: Credit Agreement (Florida East Coast Industries Inc)

Invalid Provisions. If any provision of this Loan Agreement or any of the other Loan Documents is are held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable and the remaining provisions of this Loan Agreement or any of the other Loan Documents shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance.. XXX XXXXX AND XXXXX XXXXX – AVATAR SYSTEMS, INC. LOAN AND SECURITY AGREEMENT - PAGE 29

Appears in 1 contract

Samples: Loan and Security Agreement (Avatar Systems Inc)

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