Common use of Reformation and Severability Clause in Contracts

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 361 contracts

Samples: Split Off Agreement (Aptorum Group LTD), Equity Transfer Agreement (I-on Digital Corp.), Spin Off Agreement (CX Network Group, Inc.)

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Reformation and Severability. In case If any provision of this Agreement shall be is invalid, illegal or unenforceable, it that provision shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the partiesparties hereto as expressed herein, and if such a modification is not possible, such that provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 81 contracts

Samples: Stock Purchase Agreement (Dice Holdings, Inc.), Merger Agreement (Railworks Corp), Agreement and Plan of Reorganization (Railworks Corp)

Reformation and Severability. In case any provision of this Agreement shall be held to be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement and the future application of such provision shall not in any way be affected or impaired thereby.

Appears in 16 contracts

Samples: Employment Agreement (AuraSource, Inc.), Employment Agreement (AuraSource, Inc.), Employment Agreement (Smartag International, Inc.)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such a manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 14 contracts

Samples: Contribution Agreement (Brown Alex), Purchase Agreement (Delight Reward LTD), Purchase Agreement (Delight Reward LTD)

Reformation and Severability. In case any provision of this Agreement shall be held by any court of competent jurisdiction to be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 14 contracts

Samples: Agreement and Plan of Organization (Vacation Properties International Inc), Merger Agreement (Vacation Properties International Inc), Agreement and Plan of Organization (Vacation Properties International Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable unenforceable, but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case case, the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 14 contracts

Samples: Acquisition Agreement (Palex Inc), Acquisition Agreement (Palex Inc), Asset Purchase Agreement (Tyler Technologies Inc)

Reformation and Severability. In case If any provision of this Agreement shall be is invalid, illegal or unenforceable, it that provision shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the partiesParties as expressed herein, and if such a modification is not possible, such that provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 13 contracts

Samples: Agreement and Plan of Reorganization (Work International Corp), Agreement and Plan of Reorganization (Oei International Inc), Agreement and Plan of Reorganization (Work International Corp)

Reformation and Severability. In case 17.1 Should any provision of this Agreement shall be become invalid, illegal or unenforceable, it shall, to the extent possiblepracticable, be modified in such manner as to be valid, legal and or enforceable but so as to most nearly retain the intent of the partiesParties, and if such modification is not possible, such provision shall be severed from this Agreement, ; and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Loan Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Open Joint Stock Co Vimpel Communications)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent reasonably possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 2 contracts

Samples: Merger Agreement (Metals Usa Inc), Merger Agreement (Metals Usa Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to retain most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Merger Agreement (Womens Golf Unlimited Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalidbeinvalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Merger Agreement (Comfort Systems Usa Inc)

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Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this the Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Merger Agreement (Ampace Corp)

Reformation and Severability. In case If any provision of this Agreement shall be is invalid, illegal or unenforceable, it unenforceable that provision shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, parties hereto as expressed herein and if such a modification is not possible, such that provision shall be severed from this Agreement, Agreement and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Johnstown America Industries Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it 100 shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Merger Agreement (Travel Services International Inc)

Reformation and Severability. In case any provision of ---------------------------- this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metro Global Media Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalidbe, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Appears in 1 contract

Samples: Merger Agreement (Comfort Systems Usa Inc)

Reformation and Severability. In case any provision of this Agreement shall be invalid, illegal or unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as to most nearly retain the intent of the parties, and if such modification is not possible, such provision shall be severed from this Agreement, and in either case the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.to

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Medical Manager Corp)

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