Common use of Binding Effect; Severability Clause in Contracts

Binding Effect; Severability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, heirs, executors, and administrators. If any provision of this Agreement shall be or become illegal or unenforceable in whole or in part for any reason whatsoever, the remaining provisions shall nevertheless be deemed valid, binding and subsisting.

Appears in 3 contracts

Samples: Securities Escrow Agreement (eLong, Inc.), Indemnification Agreement (eLong, Inc.), Securities Escrow Agreement (Expedia, Inc.)

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Binding Effect; Severability. This Agreement is binding on, and shall be binding upon and inure to the benefit of of, the parties hereto and their respective successors, successors and assigns, heirs, executors, and administrators. If any provision part of this Agreement is deemed unreasonable by a court of competent jurisdiction, this Agreement shall be subject to judicial modification in order to render this Agreement reasonable and enforceable. Further, if any part of this Agreement is held invalid or become illegal or unenforceable in whole or in part for any reason whatsoeverunenforceable, the remaining provisions shall nevertheless be deemed valid, binding and subsistingremainder of this Agreement still is enforceable.

Appears in 3 contracts

Samples: Termination Agreement (HSW International, Inc.), Termination Agreement (HSW International, Inc.), Termination Agreement (HSW International, Inc.)

Binding Effect; Severability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, heirs, executors, and administrators. If any provision of this Agreement shall be or become illegal or unenforceable in whole or in part for any reason whatsoever, the remaining provisions shall nevertheless be deemed valid, binding and subsisting.. [SIGNATURE PAGE FOLLOWS]

Appears in 2 contracts

Samples: Securities Escrow Agreement (eLong, Inc.), Indemnification Agreement (eLong, Inc.)

Binding Effect; Severability. This Agreement shall be binding upon and inure to the benefit of and be binding upon the parties hereto and their respective successors, assigns, heirs, executors, administrators, successors and administratorsany permitted assigns. If In the event any provision of this Agreement shall be or become held illegal or unenforceable in whole or in part invalid for any reason whatsoeverreason, such illegality or invalidity shall not affect the remaining provisions shall nevertheless be deemed valid, binding and subsistingremainder of this Agreement.

Appears in 1 contract

Samples: Stock Option Plan (United Bancorp Inc /Mi/)

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Binding Effect; Severability. This Agreement shall be binding upon on and shall inure to the benefit of the parties hereto THE PARTIES to it and their respective successors, assigns, heirs, executors, and administratorssuccessors in interest. If any provision of the Agreement conflicts with any other provision, or if any provision shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of this Agreement shall not be or become illegal or unenforceable in whole or in part for any reason whatsoever, the remaining provisions shall nevertheless be deemed valid, binding and subsistingaffected thereby.

Appears in 1 contract

Samples: Wholesaling Agreement (Security Life Separate Account L1)

Binding Effect; Severability. This Agreement shall be binding upon upon, and shall inure to the benefit of of, each party hereto. In the parties hereto and their respective successors, assigns, heirs, executors, and administrators. If event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be unenforceable or void, this Agreement shall be or become illegal or unenforceable continue in whole or in part for any reason whatsoever, full force and effect without such provision to the remaining provisions shall nevertheless be deemed valid, binding and subsistingmaximum extent permitted by law.

Appears in 1 contract

Samples: Forbearance Agreement (Osullivan Industries Holdings Inc)

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