Common use of 9Severability Clause in Contracts

9Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the end that transactions contemplated hereby are fulfilled to the greatest extent possible. ​

Appears in 2 contracts

Samples: Share Exchange Agreement (Virios Therapeutics, Inc.), Share Exchange Agreement (Virios Therapeutics, Inc.)

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9Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced shall be determined to be contrary to Law and unenforceable by any rule court of law or public policylaw, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is Transactions are not affected in any manner materially adverse to any partyParty. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties Parties as closely as possible in an acceptable manner to the end that transactions contemplated hereby the Transactions are fulfilled to the greatest extent possible. ​.

Appears in 1 contract

Samples: Share Purchase Agreement (RE/MAX Holdings, Inc.)

9Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced shall be determined to be contrary to Law and unenforceable by any rule court of law or public policylaw, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is are not affected in any manner materially adverse to any partyParty. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the greatest extent possible. ​.

Appears in 1 contract

Samples: Acquisition Agreement

9Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the end that transactions contemplated hereby are fulfilled to the greatest extent possible.

Appears in 1 contract

Samples: Repurchase Agreement (Dogwood Therapeutics, Inc.)

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9Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law or law, or public policy, all other conditions and provisions of this Agreement shall will nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby this Agreement is not affected in any manner materially adverse to any partyeither Party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties shall Parties hereto will negotiate in good faith to modify this Agreement so as to effect the original intent of the parties Parties as closely as possible in an acceptable manner to the end that transactions contemplated hereby the provisions of this Agreement are fulfilled to the greatest fullest extent possible. ​.

Appears in 1 contract

Samples: Indemnity Agreement (Greenbrook TMS Inc.)

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