Modification of Covenants; Enforceability Clause Samples
The "Modification of Covenants; Enforceability" clause defines how the covenants (promises or obligations) within an agreement can be changed and ensures that these covenants remain legally valid. Typically, this clause specifies that any changes to the covenants must be made in writing and agreed upon by all relevant parties, preventing informal or unilateral modifications. It may also address what happens if a particular covenant is found unenforceable, often allowing the rest of the agreement to remain in effect. The core function of this clause is to maintain the integrity and enforceability of the agreement's obligations while providing a clear process for making changes, thereby reducing the risk of disputes over unauthorized modifications or invalid provisions.
Modification of Covenants; Enforceability. In the event that any provision of this Section 5 is held to be in any respect an unreasonable restriction, then the court so holding may modify the terms thereof, including the period of time during which it operates or the geographic area to which it applies, or effect any other change to the extent necessary to render this section enforceable, it being acknowledged by the parties that the representations and covenants set forth herein are of the essence of this Agreement.
Modification of Covenants; Enforceability. In the event that any provision of this Agreement is held to be in any respect an unreasonable restriction, then the court so holding may modify the terms thereof, including the period of time during which it operates or the geographic area to which it applies, or effect any other change to the extent necessary to render this Agreement enforceable, it being acknowledged by the parties that the representations and covenants set forth herein are of the essence to the relationship between the Company and Service Provider.
Modification of Covenants; Enforceability. In the event that any provision of this Agreement is held to be in any respect an unreasonable restriction, then the court so holding may modify the terms thereof or effect any other change to the extent necessary to render this Agreement enforceable, it being acknowledged by the parties that the representations and covenants set forth herein are of the essence of this Agreement.
Modification of Covenants; Enforceability. In the event that any provision of this Section 15 is held to be in any respect an unreasonable restriction, then the court so holding may modify the terms thereof, including the period of time during which it operates or the geographic area to which it applies, or effect any other change to the extent necessary to render this section enforceable, it being acknowledged by the parties that the representations and covenants set forth herein are of the essence of this Agreement.