Common use of Partial nullity Clause in Contracts

Partial nullity. If individual provisions hereof conflict with applicable regulations, this shall not affect the validity of the Agreement itself if the Agreement may remain valid without such nullified provision, and the Energy Act or another applicable regulation shall directly apply in its place. If necessary, the Parties shall conclude an Annex hereto with which they shall substitute the missing, invalid or legally ineffective contractual provision with a new provision best illustrating the economic, technical and legal purpose of the missing, invalid or legally ineffective contractual provision.

Appears in 18 contracts

Samples: Transmission Agreement, Transmission Agreement, Transmission Agreement

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