Common use of Reformation by Court Clause in Contracts

Reformation by Court. In the event that a court of competent jurisdiction shall determine that any provision of this Article IV is invalid or more restrictive than permitted under the governing law of such jurisdiction, then only as to enforcement of this Article IV within the jurisdiction of such court, such provision shall be interpreted and enforced as if it provided for the maximum restriction permitted under such governing law. If any part of this Article IV is held to be invalid or unenforceable, the remaining parts shall nevertheless continue to be valid and enforceable as though the unenforceable provisions were absent.

Reformation by Court. In the event that a court of competent jurisdiction shall determine that any provision of this Article IV is invalid or more restrictive than permitted under the governing law of such jurisdiction, then only as to enforcement of this Article IV within the jurisdiction of such court, such provision shall be interpreted and enforced as if it provided for the maximum restriction permitted under such governing law. If any part of this Article IV is held to be invalid or unenforceable, the remaining parts shall nevertheless continue to be valid and enforceable as though the unenforceable provisions were absent.