Partial ineffectiveness Sample Clauses

Partial ineffectiveness. If a part of any article of this Contract is adjudicated by a law of competent jurisdiction to be unlawful, invalid or unenforceable, it shall not affect the lawfulness, validity or enforceability of the other articles of this Contract, nor shall it affect the lawfulness of any other provision of this Contract.
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Partial ineffectiveness. Should individual provisions of these General Terms and Conditions be or become invalid, this shall not affect the validity of the remaining provisions. The invalid provisions shall be replaced by the legally permissible provision that comes closest to the intended purpose in economic terms.
Sample 1
Partial ineffectiveness. If this contract becomes legally invalid or part of the terms become legally invalid due to any reasons, Party B shall still have the obligation to repay all loans. If the above mentioned situation occurs, Party A shall have the right to terminate this contract, and can immediately demand payment of loan principal, interest and other fees under this contract from Party B.
Sample 1
Partial ineffectiveness. Should individual provisions of this contract be or become invalid, this shall not affect the validity of the remaining provisions. Instead of the invalid provision, that which the parties would have reasonably agreed upon according to the original intended purpose from an economic point of view shall apply. The same shall apply in the event of a contractual gap. APPENDIX: SERVICE DESCRIPTION SERVICE LEVELS
Sample 1
Partial ineffectiveness. 1. If any provision of this Agreement is or becomes invalid, ineffective or unenforceable, the validity, effectiveness, and enforceability of the remaining contractual provisions shall not be affected thereby. The Parties shall cooperate to replace such invalid, ineffective, or unenforceable provision with such valid, effective, and enforceable provision, which gives as near as possible the same economic result foreseen by the invalid, ineffective, or unenforceable provision.
Sample 1

Related to Partial ineffectiveness

  • Partial Invalidity If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way.

  • Ineffective The above represents the standards created by the State Board of Education which will be used and are incorporated herein by reference.

  • Partial Unenforceability The invalidity or unenforceability of any Section, paragraph or provision of this Agreement shall not affect the validity or enforceability of any other Section, paragraph or provision hereof. If any Section, paragraph or provision of this Agreement is for any reason determined to be invalid or unenforceable, there shall be deemed to be made such minor changes (and only such minor changes) as are necessary to make it valid and enforceable.

  • PARTIAL INVALIDITY; WAIVER 14.1 If at any time, any one or more of the provisions hereof is or becomes invalid, illegal or unenforceable in any respect under the law of any jurisdiction, such provision shall as to such jurisdiction, be ineffective to the extent necessary without affecting or impairing the validity, legality and enforceability of the remaining provisions hereof or of such provisions in any other jurisdiction. The invalid, illegal or unenforceable provision shall be deemed to be replaced with such valid, legal or enforceable provision which comes as close as possible to the original intent of the parties and the invalid, illegal or unenforceable provision. Should a gap (Regelungslücke) become evident in this Agreement, such gap shall, without affecting or impairing the validity, legality and enforceability of the remaining provisions hereof, be deemed to be filled in with such provision which comes as close as possible to the original intent of the parties. 14.2 No failure to exercise, nor any delay in exercising, on the part of the Pledgee, any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise thereof or the exercise of any other right or remedy. The rights and remedies provided hereunder are cumulative and not exclusive of any rights or remedies provided by law.

  • Partial Invalidity; Severability If any of the provisions of this Agreement, or the application thereof to any person, party or circumstances, shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such provision or provisions to persons, parties or circumstances other than those as to whom or which it is held invalid or unenforceable, shall not be affected thereby, and every provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law.

  • Illegality; Increased Costs Deposits Not Available], the Borrower shall, subject to the Borrower’s indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 5.6 [Voluntary Prepayments]. Absent due notice from the Borrower of conversion or prepayment, such Loan shall automatically be converted to the Base Rate Option otherwise available with respect to such Loan upon such specified date.

  • Partial Enforceability If any provision of this Agreement, or the application of such provision to any Person or circumstance, shall be held invalid, the remainder of this Agreement, or the application of such provision to persons or circumstances other than those to which it is held invalid, shall not be affected thereby.

  • Effect of Partial Invalidity The invalidity of any portion of this Agreement shall not affect the validity of any other provision. In the event that any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall remain in full force and effect.

  • Effectiveness This Agreement shall become effective upon the execution and delivery hereof by the parties hereto.

  • Invalid Term or Condition If any term or condition of this Agreement shall be held invalid or unenforceable, the remainder of this Agreement shall not be affected and shall be valid and enforceable.

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