Common use of Severability and Consistency Clause in Contracts

Severability and Consistency. The illegality, unenforceability or inconsistency of any provision of this Agreement or any instrument or agreement required hereunder shall not in any way affect or impair the legality, enforceability or consistency of the remaining provisions of this Agreement or any instrument or agreement required hereunder. The Loan Documents and this Agreement are intended to be consistent. However, in the event of any inconsistencies between and/or among this Agreement and any of the Loan Documents, such inconsistency shall not affect the validity or enforceability of this Agreement or any of the Loan Documents. In the event of any inconsistency or ambiguity in this Agreement or any of the Loan Documents, this Agreement and the Loan Documents shall not be construed against any one party but shall be interpreted consistent with the Bank's policies and procedures.

Appears in 6 contracts

Samples: Subordination and Pledge Agreement (Platinum Acquisition Corp), Subordination and Pledge Agreement (Platinum Acquisition Corp), Subordination and Pledge Agreement (Vermont Pure Holdings LTD/De)

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Severability and Consistency. The illegality, unenforceability or inconsistency of any provision of this Agreement or any instrument or agreement required hereunder shall not in any way affect or impair the legality, enforceability or consistency of the remaining provisions of this Agreement or any instrument or agreement required hereunder. The Loan Documents and this Agreement are intended to be consistent. However, in the event of any inconsistencies between and/or among this Agreement and any of the Loan Documents, such inconsistency shall not affect the validity or enforceability of this Agreement or any of the Loan DocumentsDocument. In The Borrower agrees that in the event of any inconsistency or ambiguity in this Agreement or any of the Loan Documents, this Agreement and the Loan Documents shall not be construed against any one party but shall be interpreted consistent with the Bank's policies and procedures.

Appears in 4 contracts

Samples: Term Loan Agreement (Eastern Environmental Services Inc), Credit Agreement (Leak X Environmental Corporation), SBM Industries Inc

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Severability and Consistency. The illegality, unenforceability or inconsistency of any provision of this Agreement or any instrument or agreement required hereunder shall not in any way affect or impair the legality, enforceability or consistency of the remaining provisions of this Agreement or any instrument or agreement required hereunder. The Senior Loan Documents and this Agreement are intended to be consistent. However, in the event of any inconsistencies between and/or among this Agreement and any of the Senior Loan Documents, such inconsistency shall not affect the validity or enforceability of this Agreement or any of the Senior Loan Documents. In the event of any inconsistency or ambiguity in this Agreement or any of the Senior Loan Documents, this Agreement and the Senior Loan Documents shall not be construed against any one party but shall be interpreted consistent with the Bank's Agent’s policies and procedures.

Appears in 1 contract

Samples: Subordination and Pledge Agreement (Vermont Pure Holdings LTD/De)

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