Common use of Invalidity/severance Clause in Contracts

Invalidity/severance. 20.12.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 2 contracts

Samples: Joinder Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Joinder Agreement (Cnova N.V.)

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Invalidity/severance. 20.12.1 31.16.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 1 contract

Samples: Shareholders’ Agreement (Yandex N.V.)

Invalidity/severance. 20.12.1 28.15.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 1 contract

Samples: Shareholders’ Agreement (Melco Resorts & Entertainment LTD)

Invalidity/severance. 20.12.1 6.11.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 1 contract

Samples: Members’ Agreement

Invalidity/severance. 20.12.1 9.13.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 1 contract

Samples: Shareholders’ Agreement

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Invalidity/severance. 20.12.1 27.18.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the PartiesShareholders.

Appears in 1 contract

Samples: Shareholders’ Agreement (Schulman a Inc)

Invalidity/severance. 20.12.1 14.14.1 If any provision in this Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the Parties.

Appears in 1 contract

Samples: MENA ENERGY SERVICES HOLDINGS LTD

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