Reformation and Severability. In the event any state, federal, or local law or regulation, now existing or enacted in the future, is interpreted by judicial decision, or a regulatory agency in such a manner as to indicate that the structure of this Agreement may be in violation of such laws or regulations, the Parties shall amend and reform this Agreement to the minimum extent necessary to preserve the underlying economic and financial arrangements between the Parties.
Appears in 11 contracts
Samples: Securities Exchange and Amendment Agreement (American Rebel Holdings Inc), Securities Exchange and Amendment Agreement (American Rebel Holdings Inc), Revenue Interest Purchase Agreement (American Rebel Holdings Inc)
Reformation and Severability. In the event any state, federal, or local law or regulation, now existing or enacted in the future, is interpreted by judicial decision, or a regulatory agency in such a manner as to indicate that the structure of this Agreement Amendment may be in violation of such laws or regulations, the Parties shall amend and reform this Agreement Amendment to the minimum extent necessary to preserve the underlying economic and financial arrangements between the Parties.
Appears in 3 contracts
Samples: Agreement (American Rebel Holdings Inc), Agreement (American Rebel Holdings Inc), Amendment Agreement (American Rebel Holdings Inc)
