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 permitted successors, assigns, heirs, executors, estates, administrators and representatives. The invalidity or unenforceability at any time of any provision hereof in any jurisdiction shall not affect or diminish in any way the continuing validity and enforceability of the remaining provisions hereof or the continuing validity and enforceability of such provision in any other jurisdiction. The agreements, representations and obligations of the Supporting Creditors under this Agreement are, in all respects, several and not joint.

Appears in 2 contracts

Samples: Plan Support Agreement (Cubic Energy Inc), Plan Support Agreement

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Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Parties and their respective permitted successors, assigns, heirs, executors, estates, administrators and representatives. The invalidity or unenforceability at any time of any provision hereof in any jurisdiction shall not affect or diminish in any way the continuing validity and enforceability of the remaining provisions hereof or the continuing validity and enforceability of such provision in any other jurisdiction. The agreements, representations and obligations of the Supporting Creditors Consenting Lenders under this Agreement are, in all respects, several and not joint.

Appears in 1 contract

Samples: Plan Support and Lockup Agreement (Lodgenet Interactive Corp)

Successors and Assigns; Severability; Several Obligations. This Subject to Section 1, this Agreement is intended to bind and inure to the benefit of the Parties and their respective permitted permitted‌ successors, assigns, heirs, executors, estates, administrators and representatives. The invalidity or unenforceability at any time of any provision hereof in any jurisdiction shall not affect or diminish in any way the continuing validity and enforceability of the remaining provisions hereof or the continuing validity and enforceability of such provision in any other jurisdiction. The agreements, representations and obligations of the Supporting Consenting Creditors under this Agreement are, in all respects, several and not jointjoint and several.

Appears in 1 contract

Samples: Creditor Support Agreement

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Successors and Assigns; Severability; Several Obligations. This Agreement is intended to bind and inure to the benefit of the Parties and their respective permitted successors, assigns, heirs, executors, estates, administrators and representatives. The invalidity or unenforceability at any time of any provision hereof in any jurisdiction shall not affect or diminish in any way the continuing validity and enforceability of the remaining provisions hereof or the continuing validity and enforceability of such provision in any other jurisdiction. The agreements, representations and obligations of the Supporting Creditors Participating Lenders under this Agreement are, in all respects, several and not joint.

Appears in 1 contract

Samples: Credit Agreement (YRC Worldwide Inc.)

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