Common use of Application of Restrictions Clause in Contracts

Application of Restrictions. 22.6 Sub-paragraph 22.5 will be construed and have effect as if it were a number of separate sub-paragraphs which results from combining the commencement of sub-paragraph 22.5 with each sub-paragraph in paragraph (a) and combining each such combination with each sub-paragraph of paragraph (b). Each such resulting sub-paragraph is severable from each such resulting sub-paragraph and any word or phrase contained in the commencement of sub-paragraph 22.5 is severable. If any such resulting sub-paragraph (or any word or phrase contained in the commencement of sub-paragraph 22.5) is declared or determined to be illegal, invalid or unenforceable for any reason by final determination of any court or tribunal of competent jurisdiction, such illegality, invalidity or unenforceability will not prejudice or in any way affect the validity or enforceability of any other such resulting sub-paragraph, word or phrase.

Appears in 3 contracts

Samples: Employment Agreement (National Australia Bank LTD), Employment Agreement (National Australia Bank LTD), National Australia Bank LTD

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Application of Restrictions. 22.6 20.7 Sub-paragraph 22.5 20.5 will be construed and have effect as if it were a number of separate sub-paragraphs which results from combining the commencement of sub-paragraph 22.5 20.5 with each sub-paragraph in paragraph (a) and combining each such combination with each sub-paragraph of paragraph (b). Each such resulting sub-paragraph is severable from each such resulting sub-paragraph and any word or phrase contained in the commencement of sub-paragraph 22.5 20.5 is severable. If any such resulting sub-paragraph (or any word or phrase contained in the commencement of sub-paragraph 22.520.5) is declared or determined to be illegal, invalid or unenforceable for any reason by final determination of any court or tribunal of competent jurisdiction, such illegality, invalidity or unenforceability will not prejudice or in any way affect the validity or enforceability of any other such resulting sub-paragraph, word or phrase.

Appears in 2 contracts

Samples: Employment Agreement (National Australia Bank LTD), Employment Agreement (National Australia Bank LTD)

Application of Restrictions. 22.6 20.6 Sub-paragraph 22.5 20.5 will be construed and have effect as if it were a number of separate sub-paragraphs which results from combining the commencement of sub-paragraph 22.5 20.5 with each sub-paragraph in paragraph (a) and combining each such combination with each sub-paragraph of paragraph (b). Each such resulting sub-paragraph is severable from each such resulting sub-paragraph and any word or phrase contained in the commencement of sub-paragraph 22.5 20.5 is severable. If any such resulting sub-paragraph (or any word or phrase contained in the commencement of sub-paragraph 22.520.5) is declared or determined to be illegal, invalid or unenforceable for any reason by final determination of any court or tribunal of competent jurisdiction, such illegality, invalidity or unenforceability will not prejudice or in any way affect the validity or enforceability of any other such resulting sub-paragraph, word or phrase.

Appears in 2 contracts

Samples: Employment Agreement (National Australia Bank LTD), Employment Agreement (National Australia Bank LTD)

Application of Restrictions. 22.6 21.7 Sub-paragraph 22.5 21.5 will be construed and have effect as if it were a number of separate sub-paragraphs which results from combining the commencement of sub-paragraph 22.5 21.5 with each sub-paragraph in paragraph (a) and combining each such combination with each sub-paragraph of paragraph (b). Each such resulting sub-paragraph is severable from each such resulting sub-paragraph and any word or phrase contained in the commencement of sub-paragraph 22.5 21.5 is severable. If any such resulting sub-paragraph (or any word or phrase contained in the commencement of sub-paragraph 22.521.5) is declared or determined to be illegal, invalid or unenforceable for any reason by final determination of any court or tribunal of competent jurisdiction, such illegality, invalidity or unenforceability will not prejudice or in any way affect the validity or enforceability of any other such resulting sub-paragraph, word or phrase.

Appears in 2 contracts

Samples: Employment Agreement (National Australia Bank LTD), Employment Agreement (National Australia Bank LTD)

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Application of Restrictions. 22.6 18.8 Sub-paragraph 22.5 18.7 will be construed and have effect as if it were a number of separate sub-paragraphs which results from combining the commencement of sub-paragraph 22.5 18.7 with each sub-paragraph in paragraph (a) and combining each such combination with each sub-paragraph of paragraph (b). Each such resulting sub-paragraph is severable from each such resulting sub-paragraph and any word or phrase phrases contained in the commencement of sub-paragraph 22.5 18.7 is severable. If any such resulting sub-paragraph (or any word or phrase contained in the commencement of sub-paragraph 22.518.7) is declared or determined to be illegal, invalid or unenforceable for any reason by final determination of any court or tribunal of competent jurisdiction, such illegality, invalidity or unenforceability will not prejudice or in any way affect the validity or enforceability of any other such resulting sub-paragraph, word or phrase.

Appears in 1 contract

Samples: National Australia Bank LTD

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