Severability and Replacement. In the event that one or several of the provisions of this Agreement are found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions.
Appears in 36 contracts
Samples: Loan Agreement, Exclusive Purchase Option Agreement, Equity Transfer Agreement (Mecox Lane LTD)
Severability and Replacement. In the event that one If any single or several of the multiple provisions of this Agreement hereof are found to be judged invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or and enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respectaspect. The Parties shall strive in good faith faith, endeavor to use valid provisions to the extent allowed by laws and reflecting the intensions of all the Parties, to replace such those invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law the intentions of the Partiesprovisions, and provided that, the economic effect of effects achieved by such effective valid provisions shall be as close as possible similar to the economic effect of effects achieved by those invalid, illegal or unenforceable provisions.
Appears in 21 contracts
Samples: Assets Transfer Agreement, Equity Interest Pledge Agreement (JOYY Inc.), Equity Interest Pledge Agreement (JOYY Inc.)
Severability and Replacement. In the event that one or several of the provisions any provision of this Agreement are found is determined to be invalid, illegal or unenforceable in any aspect respect in accordance with any applicable laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace any such invalid, illegal or unenforceable provisions provision with effective provisions that will accomplish the intentions of the Parties to the greatest extent permitted by law the intentions of the Partieslaw, and the economic effect interests of such effective provisions shall be as close as possible to the economic effect interests of those invalid, illegal or unenforceable provisions.
Appears in 2 contracts
Samples: Exclusive Technical Consulting and Services Agreement (ChinaEdu CORP), Exclusive Technical Consulting and Services Agreement (ChinaEdu CORP)
Severability and Replacement. In the event that one or several of the provisions any provision of this Agreement are found is determined to be invalid, illegal or unenforceable enforceable in any aspect respect in accordance with any applicable laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised comprised in any respect. The Parties shall strive in good faith to replace any such invalid, illegal or unenforceable provisions provision with effective provisions that will accomplish the intentions of the Parties to the greatest extent permitted by law the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisionslaw.
Appears in 2 contracts
Samples: Voting Rights Agreement (Ya Zhu Silk, Inc.), Voting Rights Agreement (Ya Zhu Silk, Inc.)
Severability and Replacement. In the event that one or several of the provisions of this Agreement are found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions.. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
Appears in 1 contract
Samples: Equity Pledge Agreement