Common use of Rectification Clause in Contracts

Rectification. In case of any mistake in this Agreement, including any error, ambiguity, illegality, contradiction, or omission, this Agreement shall be interpreted as if such mistake were rectified in a manner which implements the intent of the parties as nearly as possible and effects substantial fairness, considering all pertinent circumstances.

Appears in 2 contracts

Samples: License Agreement, Universal License Agreement (IsoRay, Inc.)

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Rectification. In case of any mistake in this Agreement, including any error, ambiguity, illegality, contradiction, or omission, this Agreement shall be interpreted as if such mistake were rectified in a manner which implements the intent of the parties as nearly as possible and effects substantial fairness, considering all pertinent circumstances. If any part of this Agreement is found to be invalid or unenforceable it does not invalidate the balance of Agreement.

Appears in 2 contracts

Samples: Brand License Agreement (Starco Brands, Inc.), Brand License Agreement (Starco Brands, Inc.)

Rectification. In case of any mistake in this Agreement, including any error, ambiguity, illegality, contradiction, or omission, this Agreement shall be interpreted as if such mistake were rectified in a manner which implements the intent of the parties as nearly as possible and effects substantial fairness, considering all pertinent circumstances.

Appears in 1 contract

Samples: Royalty Agreement (IsoRay, Inc.)

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Rectification. In case of any mistake in this Agreement, including any error, ambiguity, illegality, contradiction, contradiction or omission, this Agreement shall be interpreted as if such mistake were rectified in a manner which implements the intent of the parties as nearly as possible and as effects substantial fairness, considering all pertinent circumstances.

Appears in 1 contract

Samples: Release and Settlement Agreement (National Boston Medical Inc)

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