Common use of SEVERABILITY AND SAVINGS CLAUSE Clause in Contracts

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 11, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyer's legitimate interests. If the provisions of Section 11 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Headway Corporate Resources Inc), Asset Purchase Agreement (Headway Corporate Resources Inc), Asset Purchase Agreement (Headway Corporate Resources Inc)

AutoNDA by SimpleDocs

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 1110, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyer's legitimate interests. If the provisions of Section 11 10 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Headway Corporate Resources Inc), Asset Purchase Agreement (Headway Corporate Resources Inc), Stock Purchase Agreement (Headway Corporate Resources Inc)

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 116, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyer's the Company’s legitimate interests. If the provisions of Section 11 6 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 3 contracts

Samples: Severance Compensation Agreement (Unilens Vision Inc), Severance Compensation Agreement (Unilens Vision Inc), Severance Compensation Agreement (Unilens Vision Inc)

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 114, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyer's the Company’s legitimate interests. If the provisions of Section 11 4 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 1 contract

Samples: Consulting Agreement (Unilens Vision Inc)

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 1112, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyer's Purchaser’s legitimate interests. If the provisions of Section 11 12 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Unilens Vision Inc)

AutoNDA by SimpleDocs

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 117, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyerthe Company's legitimate interests. If the provisions of Section 11 7 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 1 contract

Samples: Employment Agreement (Interep National Radio Sales Inc)

SEVERABILITY AND SAVINGS CLAUSE. If any provision of this Agreement is held to be invalid or unenforceable by any court or tribunal of competent jurisdiction, the remainder of this Agreement shall not be affected thereby, and such provision shall be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. In this regard, the parties agree that the provisions of Section 115, including, without limitation, the scope of the territorial and time restrictions, are reasonable and necessary to protect and preserve Buyerthe Company's legitimate interests. If the provisions of Section 11 Section5 are held by a court of competent jurisdiction to be in any respect unreasonable, then such court may reduce the territory or time to which it pertains or otherwise modify such provisions to the extent necessary to render such provisions reasonable and enforceable.

Appears in 1 contract

Samples: Employment Agreement (American Sports History Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.