Common use of Severability; Construction Clause in Contracts

Severability; Construction. Wherever possible, each provision of this Amendment shall be interpreted in such a manner so as to be effective and valid under applicable law, but, if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such provision or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment. All obligations of Borrower and rights of Bank expressed herein shall be in addition to and not in limitation of those provided by applicable law.

Appears in 9 contracts

Samples: Loan and Security Agreement (Olo Inc.), Loan and Security Agreement (Olo Inc.), Loan and Security Agreement (Olo Inc.)

AutoNDA by SimpleDocs

Severability; Construction. Wherever possible, each provision of this Amendment shall be interpreted in such a manner so as to be effective and valid under applicable law, but, if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such provision or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment. All obligations of Borrower and New Borrower and rights of Bank expressed herein shall be in addition to and not in limitation of those provided by applicable law.

Appears in 2 contracts

Samples: Loan and Security Agreement (Casper Sleep Inc.), Loan and Security Agreement (Casper Sleep Inc.)

AutoNDA by SimpleDocs

Severability; Construction. Wherever possible, each provision of this Amendment shall be interpreted in such a manner so as to be effective and valid under applicable law, but, but if any provision of this Amendment shall is held to be prohibited by or invalid under applicable law, such provision or provisions shall be ineffective only to the extent of such provision or and invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment. All obligations of Borrower and rights of Bank expressed The term “Borrower” as used herein shall be mean either one or more particular Borrowers or all of the Borrowers collectively as the Lender shall determine in addition to its sole and not in limitation of those provided by applicable lawabsolute good faith discretion.

Appears in 1 contract

Samples: Loan Agreement (Advocat Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!