Common use of Validity Clause Clause in Contracts

Validity Clause. This Assignment shall confer to Lender the rights and benefits described in this Assignment to the full extent allowable by law. The unenforceability or invalidity of any of the provisions of this Assignment shall not render any other provision or provisions unenforceable or invalid. Any provision found to be unenforceable shall be severable from this Assignment without invalidating the remainder of such provision or the remaining provisions of this Assignment.

Appears in 3 contracts

Samples: Collateral Assignment of Tif Agreement, Collateral Assignment of Development Agreement and Tif Payment Rights, Collateral Assignment of Tif Payment Rights

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Validity Clause. This It is the intent of this Assignment shall to confer to Lender Assignee the rights and benefits described in this Assignment hereunder to the full extent allowable by law. The unenforceability or invalidity of any of the provisions of this Assignment hereof shall not render any other provision or provisions herein contained unenforceable or invalid. Any provision provisions found to be unenforceable shall be severable from this Assignment without invalidating the remainder of such provision or the remaining provisions of this Assignment.

Appears in 2 contracts

Samples: Loan Agreement (Jameson Inns Inc), Assignment of Rents and Leases (Navarre Corp /Mn/)

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Validity Clause. This It is the intent of this Assignment shall to confer to Lender unto [2a] the rights and benefits described in this Assignment hereunder to the full extent allowable by law. The unenforceability or invalidity of any of the provision or provisions of this Assignment hereof shall not render any other provision or provisions of this Assignment unenforceable or invalid. Any provision provisions found to be unenforceable shall be severable from this Assignment without invalidating the remainder of such provision or the remaining provisions of this Assignment.

Appears in 1 contract

Samples: Assignment of Leases and Rents

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