Common use of Final provision Clause in Contracts

Final provision. If any provision of this agreement is or becomes invalid, unenforceable or unenforceable in whole or in part, the validity, enforceability and enforceability of the remaining provi­ sions of this agreement shall not be affected thereby. The Parties undertake to agree on a valid, feasible and enforceable provision in place of the invalid, unenforceable or unen­ forceable provision which comes as close as possible to the economic purpose pursued by the Parties with the invalid, unenforceable or unenforceable provision. The same applies if the contract contains a loophole.

Final provision. If any provision of this agreement is or becomes be­ comes invalid, unenforceable or unenforceable unen­ forceable in whole or in part, the validity, enforceability and enforceability of the remaining provi­ sions re­ maining provisions of this agreement shall not be affected thereby. The Parties undertake un­ dertake to agree on a valid, feasible and enforceable provision in place of the invalidinva­ lid, unenforceable or unen­ forceable provision unenforceable provi­ sion which comes as close as possible to the economic purpose pursued by the Parties Par­ ties with the invalid, unenforceable or unenforceable un­ enforceable provision. The same applies if the contract contains a loophole.