Reformation and Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective during the term hereof:
Appears in 14 contracts
Samples: Asset Purchase Agreement (Megawest Energy Corp.), Security Agreement (Medsolutions Inc), Merger Agreement and Plan of Reorganization (Medsolutions Inc)
Reformation and Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective during the term hereof:hereof and such illegality, invalidity or unenforceability does not result in a material failure of consideration, then;
Appears in 7 contracts
Samples: Acquisition Agreement (Autocorp Equities Inc), Preferred Stock Purchase Agreement (Fortress Investment Corp), Stock Purchase Agreement (Capstead Mortgage Corp)
Reformation and Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective during the term hereof:, the legality, validity and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.
Appears in 2 contracts
Samples: Purchase and Sale (Metromedia International Group Inc), Landmark Theatre Corp
Reformation and Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective during the term hereof:: (a) in lieu of such illegal, invalid, or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable; and (b) the legality, validity, and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.
Appears in 1 contract
Samples: Note Purchase and Purchase Rights Agreement (Millennium Ethanol, LLC)
Reformation and Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective during the term hereof:hereof in lieu of such illegal, invalid or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible and be legal, valid and enforceable, the legality, validity and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.
Appears in 1 contract
