Common use of Waiver of Provisions to Ensure Validity of Finance Documents Clause in Contracts

Waiver of Provisions to Ensure Validity of Finance Documents. Where provisions of any applicable law resulting in such illegality, invalidity or unenforceability may be waived, they are hereby waived by the Borrower and the Lender to the full extent permitted by applicable law so that the Finance Documents shall be deemed valid and binding agreements, in each case enforceable in accordance with their respective terms.

Appears in 2 contracts

Samples: Facility Agreement (Gazit-Globe LTD), Facility Agreement (Gazit-Globe LTD)

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Waiver of Provisions to Ensure Validity of Finance Documents. Where provisions of any applicable law resulting in such illegality, invalidity or unenforceability may be waived, they are hereby waived by the Borrower and the Lender each Finance Party to the full extent permitted by applicable law so that the Finance Documents shall be deemed valid and binding agreements, in each case enforceable in accordance with their respective terms.

Appears in 2 contracts

Samples: Facility Agreement (Gazit-Globe LTD), Facility Agreement (Gazit-Globe LTD)

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