Severabi1ity. In the event that any provision of this Agreement shall, for any reason, be held to be invalid or unenforceable in any respect, such invalidity or unenforceability shall not affect any other provision hereof and the parties shall negotiate in good faith to modify the Agreement to preserve (to the extent possible) their original intent.
Appears in 3 contracts
Samples: Amendment Agreement (Dyax Corp), Amendment Agreement (Dyax Corp), Licensing Agreement (Dyax Corp)
Severabi1ity. 20.1 In the event that any provision of this Agreement shall, for any reason, be held to be invalid or unenforceable in any respect, such invalidity or unenforceability shall not affect any other provision hereof and the parties shall negotiate in good faith to modify the Agreement to preserve (to the extent possible) their original intent.
Appears in 2 contracts
Samples: Licensing Agreement (Dyax Corp), License Agreement (Dyax Corp)
Severabi1ity. In the event that any provision of xxxxxxxxx xx this Agreement shall, shall for any reason, reason be held to be invalid invalid, illegal or unenforceable in any respect, such invalidity invalidity, illegality or unenforceability shall not affect any other term or provision hereof and the hereof. The parties shall agree that they wil1 negotiate in good faith or will permit a court or arbitrator to modify the Agreement to preserve (replace any provision hereof so held invalid, illegal or unenforceable with a valid provision which is as similar as possible in substance to the extent possible) their original intentinvalid, illegal or unenforceable provision.
Appears in 1 contract
