Severability; Conflict with Delaware Statutory Trust Act. If any one or more of the covenants, agreements, provisions or terms of this Agreement is held invalid, illegal or unenforceable, then such covenants, agreements, provisions or terms will be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and will in no way affect the validity, legality or enforceability of the other provisions of this Agreement or of the Certificates or any Securities or the rights of any Holders or holders of Securities. If there is a direct conflict between the provisions of this Agreement and any mandatory provision of the Delaware Statutory Trust Act, then the applicable provision of the Delaware Statutory Trust Act will control.
Appears in 3 contracts
Samples: Trust Agreement (Mercedes-Benz Vehicle Trust), Trust Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Trust Agreement (Daimler Trust)
Severability; Conflict with Delaware Statutory Trust Act. If any one or more of the covenants, agreements, provisions or terms of this Agreement Amendment is held invalid, illegal or unenforceable, then such covenants, agreements, provisions or terms will be deemed severable from the remaining covenants, agreements, provisions or and terms of this Agreement Amendment and will in no way affect the validity, legality or enforceability of the other covenants, agreements, provisions and terms of this Agreement or of the Certificates or any Securities Amendment or the rights of any Holders or holders of SecuritiesTitling Trust Agreement. If there is a direct conflict between the provisions of this Agreement Amendment and any mandatory provision of the Delaware Statutory Trust Act, then the applicable provision of the Delaware Statutory Trust Act will control.
Appears in 1 contract
Samples: Trust Agreement (Daimler Trust)