Null and Void Covenants Sample Clauses

Null and Void Covenants. The Borrower agrees that in the event that any provision of this Loan Agreement or any other instrument executed at closing or the application to any person or circumstances will be declared null and void, invalid, or held for any reason to be unenforceable by a Court of competent jurisdiction, the remainder of such agreement will nevertheless remain in full force and effect, and to this end, the provisions of all covenants, conditions, and agreements described herein are deemed separate.
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Null and Void Covenants. The Borrower agrees that in the event that any provision of this Agreement is declared null and void, invalid, or held for any reason to be unenforceable by a Court of competent jurisdiction, the remainder of the Agreement shall remain in full force and effect. Executed on the Closing Date set forth above. Lender: MISSOURI DEVELOPMENT FINANCE BOARD By: Printed Name: Title: Borrower: BUSINESS NAME By: Printed Name: Title: SAMPLE ACKNOWLEDGMENT STATE OF MISSOURI ) ) SS. COUNTY OF ) On this day of , , before me, , a Notary Public in and for said State, personally appeared who acknowledged that he or she executed the Promissory Note and Loan and Security Agreement as his or her free act and deed.
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Null and Void Covenants. The Undersigned agrees, that in the event that any provision of this Loan Agreement or any other instrument executed at closing or the application thereof to any person or circumstances shall be declared null and void, invalid, or held for any reason to be unenforceable by a Court of competent jurisdiction, the remainder of such agreement shall nevertheless remain in full force and effect, and to this end, the provisions of all covenants, conditions, and agreements described herein are deemed separate.
Sample 1
Null and Void Covenants. The Company hereby agrees that in the event that any provision of this Company Loan Agreement or any other Financing Document or instrument executed at closing or the application thereof to any person or circumstances shall be declared null and void, invalid, or held for any reason to be unenforceable by a court of competent jurisdiction, the remainder of this Company Loan Agreement or other Financing Document or instrument shall nevertheless remain in full force and effect, and to this end, the provisions of all covenants, conditions, and agreements described herein and therein shall be deemed separate and independent.
Sample 1
Null and Void Covenants. The Borrower agrees that in the event that any provision of the Loan Agreement or any other instrument executed at closing or the application thereof to any reason to be unenforceable by a court of competent jurisdiction, the remainder of such agreement shall nevertheless remain in full force and effect, and to this end, the provisions of all covenants, conditions, and agreements described herein are deemed separate.
Sample 1

Related to Null and Void Covenants

  • No Implied Covenants Each party, against the other, waives and relinquishes any right to assert, either as a claim or as a defense, that the other party is bound to perform or liable for the nonperformance of any implied covenant or implied duty or implied obligation.

  • Representations, Warranties and Covenants of Holder Holder hereby represents, warrants and covenants to Parent that Holder (i) is the beneficial owner of the Shares, which, at the date of this Agreement and at all times up until the earlier to occur of (A) the Effective Time and (B) the Expiration Date, will be free and clear of any liens, claims, options, charges or other encumbrances (other than those created by this Agreement) and (ii) as of the date hereof does not own of record or beneficially any shares of outstanding capital stock of the Company other than the Shares (excluding shares as to which Holder currently disclaims beneficial ownership in accordance with applicable law). Holder has the legal capacity, power and authority to enter into and perform all of Holder’s obligations under this Agreement. This Agreement has been duly and validly executed and delivered by Holder and constitutes a valid and binding agreement of Holder, enforceable against Holder in accordance with its terms, subject to (a) laws of general application relating to bankruptcy, insolvency and the relief of debtors and (b) rules of law governing specific performance, injunctive relief and other equitable remedies.

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