Common use of Invalidity of Any Part Clause in Contracts

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, and this PLEDGE AGREEMENT shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 5 contracts

Sources: Stock Pledge Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp), Stock Pledge Agreement (Imtek Office Solutions Inc)

Invalidity of Any Part. If In any provision or part of any provision of this PLEDGE AGREEMENT ---------------------- Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, Agreement and this PLEDGE AGREEMENT shall be construed as if such invalid, illegal, illegal or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 5 contracts

Sources: Acquisition and Merger Agreement (Intercept Group Inc), Acquisition and Merger Agreement (Intercept Group Inc), Acquisition and Merger Agreement (Intercept Group Inc)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, Agreement and this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, illegality or unenforceability.

Appears in 3 contracts

Sources: Construction Loan Agreement, Construction Loan Agreement (Hemagen Diagnostics Inc), Disbursement Agreement (Majestic Companies LTD)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENTAgreement, and this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 2 contracts

Sources: Conveyance and Transfer Agreement (Eldertrust), Indemnification Agreement (Eldertrust)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENTAgreement, and this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 1 contract

Sources: Debt Sale Agreement (Merion, Inc.)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, Agreement and this PLEDGE AGREEMENT shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.construed

Appears in 1 contract

Sources: Asset Purchase Agreement (Netzee Inc)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions provision (or the any remaining part of any effective provisions provision) of this PLEDGE AGREEMENTAgreement, and this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, illegal or unenforceable provision (or part thereof had thereof)'had never been contained hereinin this Agreement, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 1 contract

Sources: Loan Agreement (Mason Dixon Bancshares Inc/Md)

Invalidity of Any Part. If any provision (or any part of any provision of provision) contained in this PLEDGE AGREEMENT Agreement shall for any reason be held to be invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions provision (or the remaining part of any effective provisions the affected provision) of this PLEDGE AGREEMENTAgreement, and but this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, illegal or unenforceable provision (or part thereof thereof) had never been contained herein, herein but only to the extent of its invalidityit is invalid, illegality, illegal or unenforceabilityunenforceable.

Appears in 1 contract

Sources: Guaranty of Payment (Edison Schools Inc)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions provision (or the any remaining part of any effective provisions provision) of this PLEDGE AGREEMENTAgreement, and this PLEDGE AGREEMENT Agreement shall be construed as if such invalid, illegal, illegal or unenforceable provision (or part thereof thereof) had never been contained hereinin this Agreement, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 1 contract

Sources: Pledge Agreement (Osiris Therapeutics Inc)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT ---------------------- Agreement shall for any reason be held invalid, illegal, illegal or unenforceable in any respect, such invalidity, illegality, illegality or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, Agreement and this PLEDGE AGREEMENT shall be construed as if such invalid, illegal, illegal or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 1 contract

Sources: Acquisition and Merger Agreement (Intercept Group Inc)

Invalidity of Any Part. If any provision or part of any provision of this PLEDGE AGREEMENT shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this PLEDGE AGREEMENT, and this PLEDGE AGREEMENT shall be construed as if such invalid, illegal, or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability.

Appears in 1 contract

Sources: Call Agreement (Vocus, Inc.)