Agreement Separable Sample Clauses
The Agreement Separable clause establishes that if any part of the contract is found to be invalid or unenforceable, the remainder of the agreement will still remain in effect. In practice, this means that if a court strikes down a specific provision, the rest of the contract continues to bind the parties as intended, rather than being voided in its entirety. This clause ensures that the contract's overall purpose is preserved and prevents the entire agreement from failing due to one problematic section.
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Agreement Separable. If any provision hereof is for any reason unenforceable or inapplicable, the other provisions hereof will remain in full force and effect in the same manner as if such unenforceable or inapplicable provision had never been contained herein.
Agreement Separable. In the event that any one or more of the provisions of this Agreement shall for any reasons be held to be invalid, illegal or unenforceable, the remaining provisions of this Agreement shall be unimpaired, and the invalid, illegal or unenforceable provision or provisions shall be replaced by a mutually acceptable provision, which being valid, legal and enforceable, comes closest to the economic effect and intent of the parties underlying the invalid, illegal or unenforceable provision or provisions. This Agreement will not be binding on the parties unless and until it is approved on behalf of the Fund by action of its Board. In that regard, P▇▇▇▇▇ Management, in its capacity as investment manager for the Fund, will recommend that the Fund’s Board approve this Agreement.
Agreement Separable. If any provision hereof is for any reason unenforceable or inapplicable, the other provisions hereof will remain in full force and effect in the same manner as if such unenforceable or inapplicable provision had never been contained herein. This Agreement will not be binding on the parties unless and until it is approved on behalf of each Fund by action of its Board of Trustees (the “Board”). In that regard PIMCO, in its capacity as investment manager for each Fund, will recommend that the Board approve this Agreement.
Agreement Separable. If any provision of this Agreement is declared invalid or the applicability thereof to any person, circumstances or things is held invalid, the validity of the remainder of this Agreement and/or applicability thereof to any person, circumstances or thing shall not be affected thereby.
Agreement Separable. In the event that any one or more of the provisions of this Agreement shall for any reasons be held to be invalid, illegal or unenforceable, the remaining provisions of this Agreement shall be unimpaired, and the invalid, illegal or unenforceable provision or provisions shall be replaced by a mutually acceptable provision, which being valid, legal and enforceable, comes closest to the economic effect and intent of the parties underlying the invalid, illegal or unenforceable provision or provisions. This Agreement will not be binding on the parties unless and until it is approved on behalf of the Fund by action of its Board of Trustees.