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GMRA Anatomy™
In a Nutshell™ Clause 15:
15. Entire Agreement; Severability
This Agreement supersedes any existing agreements between the parties governing Transactions.
Each provision will remain enforceable even if other provisions are held not to be.
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Global Master Repurchase Agreement full text of Clause 15:
15. Entire Agreement; Severability
This Agreement shall supersede any existing agreements between the parties containing general terms and conditions for Transactions. Each provision and agreement herein shall be treated as separate from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement.
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