Common use of Invalidity Provision Clause in Contracts

Invalidity Provision. Should any of the provisions of this Covenant be held to be invalid or unenforceable, then the balance of the agreement shall be held to be in full force and effect as though the invalid portion was not included; provided, however, that should the invalidity or unenforceability go to the essence of the agreement or be of substantial nature, then the Party or Parties who would receive the benefit of the provision, were it not invalid or unenforceable, shall have the option to terminate this Covenant, forthwith.

Appears in 4 contracts

Samples: Restrictive Covenant Running With the Land, Funding Agreement, Funding Agreement

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