Common use of SEVERABILITY; SURVIVAL OF COVENANTS Clause in Contracts

SEVERABILITY; SURVIVAL OF COVENANTS. If any provision of this Contract shall be invalid under any applicable law, such provision shall be deemed omitted but the remaining provisions hereof shall be given effect. All obligations of Purchaser under this Contract shall survive the expiration or termination of this Contract to the extent required for their full observance and performance. GUARANTY OF PAYMENT - INSTALLMENT SALE CONTRACT (SECURITY AGREEMENT) THIS GUARANTY ("Guaranty") is made and entered into as of 11/25/99 by MEADOW VALLEY CORPORATION, (hereinafter, referred to as "Guarantor"), in favor of XXXXXXX MACHINERY CO. 4901 WEST 2100 SOUTH SALT LAKE CITY UT 8412O-1227 (hereinafter referred to as "Seller"), guaranteeing the Indebtedness (as hereinafter defined) of MEADOW VALLEY CONTRACTORS, INC. (hereinafter referred to as "Obligor").

SEVERABILITY; SURVIVAL OF COVENANTS. If any provision of this Contract shall be invalid under any applicable law, such provision shall be deemed omitted but the remaining provisions hereof shall be given effect. All obligations of Purchaser under this Contract shall survive the expiration or termination of this Contract to the extent required for their full observance and performance. GUARANTY OF PAYMENT - INSTALLMENT SALE CONTRACT (SECURITY AGREEMENT) THIS GUARANTY ("Guaranty") is made and entered into as of 11/25/99 FEB 13 2001 by MEADOW VALLEY CORPORATION, , (hereinafter, referred to as "Guarantor"), in favor of XXXXXXX MACHINERY EQUIPMENT CO. 4901 WEST 2100 SOUTH SALT LAKE CITY UT 8412O-1227 ., 0000 XXXX XXXXX XXXX, P.O. BOX 271630, LAS VEGAS, NV 89127-1630 (hereinafter hereinafter, referred to as "Seller"), guaranteeing the Indebtedness indebtedness (as hereinafter defined) of MEADOW VALLEY CONTRACTORS, INC. (hereinafter referred to as "Obligor").

SEVERABILITY; SURVIVAL OF COVENANTS. If any provision of this Contract shall be invalid under any applicable law, such provision shall be deemed omitted but the remaining provisions hereof shall be given effect. All obligations of Purchaser under this Contract shall survive the expiration or termination of this Contract to the extent required for their full observance and performance. GUARANTY OF PAYMENT - INSTALLMENT SALE CONTRACT (SECURITY AGREEMENT) THIS GUARANTY ("Guaranty") is made and entered into as of 11/25/99 May 11, 2000 by MEADOW VALLEY CORPORATION, (hereinafter, referred to as "Guarantor"), in favor of XXXXXXX MACHINERY CO. 4901 WEST 2100 SOUTH SALT LAKE CITY UT 8412O-1227 EQUIPMENT COMPANY, 0000 XXXX XXXXX XXXX, P.O. BOX 271630, LAS VEGAS, NV 89127-1630 (hereinafter referred to as "Seller"), guaranteeing the Indebtedness indebtedness (as hereinafter defined) of MEADOW VALLEY CONTRACTORS, INC. (hereinafter referred to as "Obligor").

SEVERABILITY; SURVIVAL OF COVENANTS. If any provision of this Contract shall be invalid under any applicable law, such provision shall be deemed omitted but the remaining provisions hereof shall be given effect. All obligations of Purchaser under this Contract shall survive the expiration or termination of this Contract to the extent required for their full observance and performance. GUARANTY OF PAYMENT - INSTALLMENT SALE CONTRACT (SECURITY AGREEMENT) THIS GUARANTY ("Guaranty") is made and entered into as of 11/25/99 12/1/99 by MEADOW VALLEY CORPORATION, (hereinafter, referred to as "Guarantor"), in favor of XXXXXXX MACHINERY CO. 4901 WEST 2100 SOUTH SALT LAKE CITY UT 8412O-1227 0000 XXXX 0000 XXXXX XXXX XXXX XXXX XX 00000-0000 (hereinafter referred to as "Seller"), guaranteeing the Indebtedness (as hereinafter defined) of MEADOW VALLEY CONTRACTORSREADY MIX, INC. (hereinafter referred to as "Obligor").