Common use of Amendment and Severability Clause in Contracts

Amendment and Severability. This Agreement may be amended, modified or altered only by the express written agreement executed by the parties hereto. If any provision of this Agreement or the application thereof to any party or circumstances shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been part of this Agreement. Furthermore, in lieu of each such illegal, invalid, or unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vertel Corp)

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Amendment and Severability. This Agreement may be amended, -------------------------- modified or altered only by the express written agreement executed by the parties heretoSoftNet and Shareholder. If any provision of this Agreement or the application thereof to any party or circumstances shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been part of this Agreement. Furthermore, in lieu of each such illegal, invalid, or unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Softnet Systems Inc)

Amendment and Severability. This Agreement may be amended, modified or altered only by the express written agreement executed by the parties heretoPurchaser and Seller. If any provision of this Agreement or the application thereof to any party or circumstances shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been part of this Agreement. Furthermore, in lieu of each such illegal, invalid, or unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Softnet Systems Inc)

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Amendment and Severability. This Agreement may be amended, modified or -------------------------- altered only by the express written agreement executed by the parties heretoPurchaser and Seller. If any provision of this Agreement or the application thereof to any party or circumstances shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been part of this Agreement. Furthermore, in lieu of each such illegal, invalid, or unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Convergent Communications Inc /Co)

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