Common use of Null and Void Covenants Clause in Contracts

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.

Appears in 10 contracts

Samples: Loan Agreement, Security Agreement, Loan Agreement

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Null and Void Covenants. The Borrower agrees that 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 will 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 will 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.

Appears in 2 contracts

Samples: Loan Agreement (Ricex Co), Loan Agreement (Lynch Corp)

Null and Void Covenants. The Borrower agrees 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 will 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 will 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.

Appears in 1 contract

Samples: Loan Agreement (Aspenbio Inc)

Null and Void Covenants. The Borrower agrees acknowledges that in the event that if any provision of this Loan Agreement or any other instrument executed at closing or the application thereof to any person or circumstances will be is declared null and void, invalid, or held for any reason to be unenforceable by a Court court of competent jurisdiction, the remainder of such agreement will 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.

Appears in 1 contract

Samples: Credit Facility Agreement (Gas Transmission Northwest Corp)

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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 thereof to any person or circumstances will 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 will 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.

Appears in 1 contract

Samples: Loan Agreement (Tetridyn Solutions Inc)

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 thereof to any person or circumstances will 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 will 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.

Appears in 1 contract

Samples: Loan Agreement (Real Goods Trading Corp)

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