Invalidity; Severability. 34.1 If any provision of this Agreement is or becomes illegal or invalid it shall not affect the legality and validity of the other provisions. The Parties shall in good faith amend and if necessary novate this Agreement to reflect as nearly as possible the spirit and intention behind the illegal or invalid provision to the extent that such spirit and intention is consistent with the laws of the jurisdiction and so that the amended clause complies with the laws of the jurisdiction. 34.2 If the Parties cannot agree upon the terms of any amendment or novation within 6 months of the date upon which a clause is determined to be illegal or invalid then the Parties agree to submit the terms of the amendment or novation to an expert for determination. The Parties agree that the expert’s decision in this respect shall be final and binding.
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Samples: Collaboration Agreement, Collaboration Agreement, Collaboration Agreement
Invalidity; Severability. 34.1 If any provision of this Agreement is or becomes illegal or invalid it shall not affect the legality and validity of the other provisions. The Parties shall in good faith amend and if necessary novate this Agreement to reflect as nearly as possible the spirit and intention behind the illegal or invalid provision to the extent that such spirit and intention is consistent with the laws of the jurisdiction and so that the amended clause complies with the laws of the jurisdictionsuch laws.
34.2 If the Parties cannot agree upon the terms of any amendment or novation within 6 (six) months of the date upon which a clause is determined to be illegal or invalid then the Parties agree to submit the terms of the amendment or novation to an expert for determination. The Parties agree that the expert’s decision in this respect shall be final and binding.
Appears in 1 contract
Samples: Collaboration Agreement
Invalidity; Severability. 34.1 41.1 If any provision of this Agreement is or becomes illegal or invalid invalid, it shall not affect the legality and validity of the other provisions. The Parties parties shall in good faith amend and and, if necessary necessary, novate this Agreement to reflect as nearly as possible the spirit and intention behind the illegal or invalid provision to the extent that such spirit and intention is consistent with the laws of the jurisdiction and so that the amended clause complies with the laws of the jurisdiction.
34.2 41.2 If the Parties parties cannot agree upon the terms of any amendment or novation within 6 months of the date upon which a clause is determined to be illegal or invalid then the Parties parties agree to submit the terms of the amendment or novation to an expert for determination. The Parties parties agree that the expert’s expert‟s decision in this respect shall be final and binding.
Appears in 1 contract