Common use of Partial Validity Clause in Contracts

Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 20 contracts

Samples: Vessel Management Agreement, Shipman 2009 Standard Ship Management Agreement (Okeanis Eco Tankers Corp.), Shipman 2009 Standard Ship Management Agreement (Okeanis Eco Tankers Corp.)

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Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity or unenforceability, unenforceability and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 10 contracts

Samples: Ship Technical Management Agreement (United Maritime Corp), Ship Technical Management Agreement (Seanergy Maritime Holdings Corp.), Ship Technical Management Agreement (Seanergy Maritime Holdings Corp.)

Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way anyway be affected or impaired thereby.

Appears in 6 contracts

Samples: Ship Management Agreement (DryShips Inc.), Ship Management Agreement (DryShips Inc.), Ship Management Agreement (DryShips Inc.)

Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, . or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement (Scorpio Tankers Inc.)

Partial Validity. If any provision of this Agreement Contract is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement Contract to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Partial Validity. If In any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity invalid or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Ultrapetrol Bahamas LTD)

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Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted omitted from this Agreement while under said jurisdiction to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Satoshi Purchase Agreement

Partial Validity. If any provision of this Agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdiction, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Ship Management Agreement

Partial Validity. If any provision of this Agreement agreement is or becomes or is held by any arbitrator or other competent body to be illegal, invalid or unenforceable in any respect under any law or jurisdictionrespect, the provision shall be deemed to be amended to the extent necessary to avoid such illegality, invalidity or unenforceability, or, if such amendment is not possible, the provision shall be deemed to be deleted from this Agreement agreement to the extent of such illegality, invalidity or unenforceability, and the remaining provisions shall continue in full force and effect and shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Terms and Conditions of Sale

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