Common use of Salvatory clause Clause in Contracts

Salvatory clause. In the event that individual provisions of this agreement become invalid, ineffective, unlawful or non-executable, the other provi- sions of the agreement shall remain in full force. In such a case, voestalpine and the customer are obligated to replace the pro- vision that has become invalid, ineffective, unlawful or non-exe- cutable with one that most closely serves the original economic purpose of this provision in a legally permissible manner.

Appears in 2 contracts

Samples: General Terms of Sale, General Terms of Sale

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Salvatory clause. In the event that individual provisions of this agreement become invalid, ineffective, unlawful or non-executable, the other provi- sions provisions of the agreement shall remain in full force. In such a case, voestalpine and the customer are obligated to replace the pro- vision provision that has become invalid, ineffective, unlawful or non-exe- cutable executable with one that most closely serves the original economic purpose of this provision in a legally permissible manner.

Appears in 1 contract

Samples: General Terms of Sale

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Salvatory clause. In the event that individual provisions of this agreement become invalid, ineffective, unlawful or non-executable, the other provi- sions of the agreement shall remain in full force. In such a case, voestalpine Regosteel and the customer are obligated to replace the pro- vision that has become invalid, ineffective, unlawful or non-exe- cutable with one that most closely serves the original economic purpose of this provision in a legally permissible manner.

Appears in 1 contract

Samples: General Terms of Sale

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