Common use of Invalidation of Provisions Clause in Contracts

Invalidation of Provisions. In the event that any one or more of the provisions of this Agreement is deemed invalid by a court having jurisdiction over this Agreement or other similar authority, the Administrative Agent, the Issuing Bank and the Banks may, in their sole discretion, terminate this Agreement in whole or in part.

Appears in 4 contracts

Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/), Master Loan and Inter (Horton D R Inc /De/), Master Loan and Inter (Horton D R Inc /De/)

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Invalidation of Provisions. In the event that any one or more of the provisions of this Agreement is deemed invalid by a court having jurisdiction over this Agreement or other similar authority, the Administrative Agent, the Issuing Bank and the Banks may, in their its sole discretion, terminate this Agreement in whole or in part.

Appears in 1 contract

Samples: Revolving Credit Agreement (Horton D R Inc /De/)

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Invalidation of Provisions. In the event that any one or more of the -------------------------- provisions of this Agreement is deemed invalid by a court having jurisdiction over this Agreement or other similar authority, the Administrative Agent, the Issuing Bank and the Banks may, in their sole discretion, terminate this Agreement in whole or in part.

Appears in 1 contract

Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)

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