Severability of Remedies Sample Clauses
The Severability of Remedies clause establishes that the various remedies provided within a contract are independent and can be enforced separately. In practice, this means that if one remedy is found to be invalid or unenforceable, the remaining remedies still remain available to the parties; for example, if a court strikes down a specific penalty, other forms of relief like damages or injunctions can still be pursued. This clause ensures that the failure or invalidity of one remedy does not undermine the overall enforceability of the contract’s other remedies, thereby preserving the parties’ ability to seek appropriate relief for breaches.
Severability of Remedies. It is the purpose and intention of this Article IX to provide rights and remedies to the Trustee and the Owners which may be lawfully granted under the provisions of the Act, but should any right or remedy herein granted be held to be unlawful, the Trustee and the Owners shall be entitled, as above set forth, to every other right and remedy provided in this Indenture and by law.
Severability of Remedies. The invalidity of any remedy in any jurisdiction shall not invalidate such remedy in any other jurisdiction. The invalidity or unenforceability of the remedies herein provided in any jurisdiction shall not in any way affect the right of the enforcement in such jurisdiction or elsewhere of any of the other remedies herein provided.
Severability of Remedies. It is the purpose and intention of this Article XI to provide rights and remedies to the Trustee and the Bondholders which may be lawfully granted under the provisions of applicable law, but should any right or remedy herein granted be held to be unlawful, the Trustee and the Bondholders shall be entitled, as above set forth, to every other right and remedy provided in this Trust Agreement and by applicable law.
Severability of Remedies. It is the purpose and intention of this Article VIII to provide rights and remedies to the Trustee and the Owners of the Bonds which may be lawfully granted under the provisions of the Act, but should any right or remedy herein granted be held to be unlawful, the Trustee and the Owners of the Bonds shall be entitled, as above set forth, to every other right and remedy provided in this Indenture and by law.
Severability of Remedies. 26 ARTICLE X TRUSTEE; PAYING AGENT AND CO-PAYING AGENTS; REGISTRAR
Severability of Remedies. 50 Section 10.04.
Severability of Remedies. 57 Section 10.12 Waivers of Events of Default ............................. 57 Section 10.13 No Obligation of Issuer to Act ........................... 58
Severability of Remedies. It is the purpose and intention of this Article X to provide rights and remedies to the Trustee, the Bank, and the Owners which may be lawfully granted under the provisions of the Act, but should any right or remedy granted herein be held to be unlawful, the Trustee, the Bank, and the Owners shall be entitled, as above set forth, to every other right and remedy provided in this Indenture and by law.
Severability of Remedies. If any remedy in Section 11(b) is held by a court of competent jurisdiction to be in conflict with any statute, constitutional provision, regulation or other rule of law, or is otherwise held to be unenforceable for any reason whatsoever, such circumstances shall not have the effect of rendering the other remedies herein contained invalid, inoperative, or unenforceable to any extent whatsoever. If any one or more of the provisions contained in Section 11(b) of this Exhibit 3 shall for any reason be held to be invalid, illegal or unenforceable in any respect, then such provision or provisions shall be deemed severable from the remaining provisions contained in this Section 11(b) and such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement, and this Agreement shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein. The Parties hereby declare that they each would have executed this Agreement and each and every other section hereof irrespective of the fact that any one or more sections of this Section 11(b) may be held illegal, invalid or unenforceable.