Common use of READING DOWN AND SEVERANCE Clause in Contracts

READING DOWN AND SEVERANCE. In the event that any provision or portion of any provision of this Agreement is held to be unenforceable or invalid by a Court of competent jurisdiction the validity and enforceability of the remaining provisions or portions of such provisions of this Agreement or any Customer Agreement (as the case may be) shall not be adversely affected. The offending provision or part of a provision shall be read down to the extent necessary to give it legal effect, or shall be severed if it cannot be read down, and the remaining part and provisions of this Agreement or any Customer Agreement (as the case may be) shall remain in full force and effect.

READING DOWN AND SEVERANCE. In the event that any provision or portion of any provision of this Agreement is held to be unenforceable or invalid by a Court of competent jurisdiction the validity and enforceability of the remaining provisions or portions of such provisions of this Agreement or any Customer Agreement (as the case may be) shall not be adversely beadversely affected. The offending provision or part of a provision shall be read down readdown to the extent necessary to give it legal effect, or shall be severed if it cannot be cannotbe read down, and the remaining part and provisions of this Agreement or any Customer anyCustomer Agreement (as the case may be) shall remain in full force and effect.