Common use of Successors and Assigns; Severability; Several Obligations Clause in Contracts

Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors and permitted assigns. If any provision of this Agreement, or the application of any such provision to any person or circumstance, will be held invalid or unenforceable in whole or in part, such invalidity or unenforceability will attach only to such provision or part thereof and the remaining part of such provision hereof and this Agreement will continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon any such determination of invalidity, the Parties will negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. The agreements, representations and obligations of the Parties are, in all respects, ratable and several and neither joint nor joint and several.

Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors and permitted assigns. If any provision of this Agreement, or the application of any such provision to any person or circumstance, will be held invalid or unenforceable in whole or in part, such invalidity or unenforceability will attach only to such provision or part thereof and the remaining part of such provision hereof and this Agreement will continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon any such determination of invalidity, the Parties will negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an a reasonably acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. The agreements, representations and obligations of the Parties are, in all respects, ratable and several and neither joint nor joint and several.

Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Transaction Parties and their respective successors and successors, permitted assigns, heirs, executors, administrators and representatives; provided, however, that nothing contained in this Section 18 shall be deemed to permit sales, assignments or transfers of the Loans or other claims against or interests in the Company other than in accordance with Section 3(d) of this Agreement. If any provision of this Agreement, or the application of any such provision to any person or circumstance, will shall be held invalid or unenforceable in whole or in part, such invalidity or unenforceability will shall attach only to such provision or part thereof and the remaining part of such provision hereof and of this Agreement will or the Agreement shall continue in full force and effect so long as the economic or legal substance of the transactions Plan Transaction contemplated hereby is are not affected in any manner materially adverse to any Transaction Party. Upon any such determination of invalidity, the Transaction Parties will shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Transaction Parties as closely as possible in an acceptable manner in order that the transactions Plan Transaction contemplated hereby are consummated as originally contemplated to the greatest extent possible. The agreements, representations and obligations of the Parties are, in all respects, ratable and several and neither joint nor joint and several.

Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors and successors, permitted assigns, heirs, and executors. If any provision of this Agreement, or the application of any such provision to any person Person or circumstance, will shall be held invalid or unenforceable in whole or in part, such invalidity or unenforceability will shall attach only to such provision or part thereof and the remaining part of such provision hereof and this Agreement will shall continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon any such determination of invalidity, the Parties will shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an a reasonably acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. The agreements, representations representations, and obligations of the Parties are, in all respects, ratable and several and neither joint nor joint and several.