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.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Collins David C), Securities Purchase Agreement (Learning Tree International, Inc.), Line of Credit Agreement (Learning Tree International, Inc.)

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SEVERABILITY AND SAVINGS CLAUSE. If any provision one or more of the provisions contained in this Agreement is for any reason held to be invalid invalid, illegal or unenforceable by in any court respect, such invalidity, illegality or tribunal unenforceability will not affect the validity and enforceability of competent jurisdiction, the remainder any other provisions of this Agreement shall not be affected therebyAgreement, and it is the intention of the parties that there shall be substituted for such invalid, illegal or unenforceable provision a provision as similar in intent and economic effect to such provision shall as may be carried out as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability.yet be valid, legal and enforceable

Appears in 4 contracts

Samples: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement

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