Common use of Reading Down Clause in Contracts

Reading Down. If part or all of any clause of this Agreement is illegal, invalid or unenforceable: (a) it will be read down to the extent necessary to ensure that it is not illegal, invalid or unenforceable, but if that is not possible (b) it will be severed from this Agreement and the remaining provisions of this Agreement will continue to have full force and effect, and the parties will attempt to replace that severed part with a legally acceptable alternative clause that meets the parties’ original intention in relation to the subject matter severed.

Appears in 4 contracts

Samples: Aircraft Sale Agreement, Aircraft Sale Agreement (Air Transport Services Group, Inc.), Aircraft Sale Agreement (Air Transport Services Group, Inc.)

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Reading Down. If part or all of any clause of this Agreement is illegal, invalid or unenforceable: (a) it : It will be read down to the extent necessary to ensure that it is not illegal, invalid or unenforceable, but if that is not possible (b) it ; It will be severed from this Agreement and the remaining provisions of this Agreement will continue to have full force and effect, and the parties will attempt to replace that severed part with a legally acceptable alternative clause that meets the parties’ original intention in relation to the subject matter severed.

Appears in 2 contracts

Samples: Codeshare Agreement, Codeshare Agreement

Reading Down. If part or all of any clause of this Agreement is illegal, invalid or unenforceable: (a) it will be read down to the extent necessary to ensure that it is not illegal, invalid or unenforceable, but if that is not possible; (b) it will be severed from this Agreement and the remaining provisions of this Agreement will continue to have full force and effect, and the parties Parties will attempt to replace that severed part with a legally acceptable alternative clause that meets the partiesParties’ original intention in relation to the subject matter severed.

Appears in 1 contract

Samples: Block Space Agreement (Globavend Holdings LTD)

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Reading Down. If part or all of any clause of this Agreement is declared by any judicial or other competent authority to be void, illegal, invalid or unenforceable: (a) otherwise unenforceable it will be read down to the extent necessary to ensure that it is not illegal, invalid or unenforceable, but if that is not possible : (bi) it the relevant part or clause will be severed from this Agreement and the remaining provisions of this Agreement will continue to have full force and effect, ; and (ii) the parties will attempt to replace that severed part with a legally acceptable alternative clause that meets the parties’ original intention in relation to the subject matter severedof the severed clause.

Appears in 1 contract

Samples: Hosting Agreement

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