Common use of Illegality and Severability Clause in Contracts

Illegality and Severability. If application of any one or more of the provisions of this Agreement shall be unlawful under applicable law and regulations, then the Parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 5 contracts

Samples: Distribution Services Agreement, Parts Supply Agreement, Distribution Services Agreement (Aviall Inc)

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Illegality and Severability. If application of any one or more of the provisions of this Agreement shall be unlawful under applicable law and regulations, then the Parties parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 4 contracts

Samples: Shareholders’ Agreement (Gateway Casinos & Entertainment LTD), Shareholders’ Agreement (Victory Park Capital Advisors, LLC), Transaction Agreement (Emcore Corp)

Illegality and Severability. If application of any one or more of the provisions of this Agreement shall be unlawful under applicable law and regulationsApplicable Law, then the Parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which that carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion portions hereof shall remain unaffected and be interpreted as if such unenforceable portions were portion had been initially deleted.

Appears in 3 contracts

Samples: Joint Venture Agreement (Abvc Biopharma, Inc.), Joint Venture Agreement (Canbiola, Inc.), Joint Venture Agreement (Notis Global, Inc.)

Illegality and Severability. If application of any one or more of the provisions of this Agreement shall be unlawful under applicable law Law and regulations, then the Parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement, Equity Interest Purchase Agreement (Advanced Micro Devices Inc)

Illegality and Severability. If application of any one or more of the provisions of this Agreement shall be unlawful under applicable law and regulations, then the Parties parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the intent of the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 2 contracts

Samples: Warehousing and Service Agreement (Dynamic International Inc), Warehousing and Service Agreement (Dynamic International LTD)

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Illegality and Severability. If application of any one or more of --------------------------- the provisions of this Agreement shall be unlawful under applicable law and regulationsApplicable Law, then the Parties will parties shall attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 1 contract

Samples: Joint Venture Agreement (Delco Remy International Inc)

Illegality and Severability. If application of any one anyone or more of the provisions of this Agreement shall be unlawful under applicable law and regulations, then the Parties parties will attempt in good faith to make such alternative arrangements as may be legally permissible and which carry out as nearly as practicable the terms of this Agreement. Should any portion of this Agreement be deemed unenforceable by a court of competent jurisdiction, the remaining portion hereof shall remain unaffected and be interpreted as if such unenforceable portions were initially deleted.

Appears in 1 contract

Samples: Limited Liability Company Agreement (S.D. Shepherd Systems, Inc.)

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