Common use of SEVERABILITY AND SAVINGS CLAUSE Clause in Contracts

SEVERABILITY AND SAVINGS CLAUSE. Should any clause, sentence, provision, paragraph or part of this Agreement for any reason whatsoever, be adjudged by any court of competent jurisdiction, or be held by any other competent governmental authority having jurisdiction, to be invalid, unenforceable, or illegal, such judgment or holding shall not affect, impair, or invalidate the remainder of this Agreement, but shall be confined in its operation to the specific clause, sentence, provision, paragraph, or part of this Agreement directly involved, and the remainder of this Agreement, wherever practicable, shall remain in full force and effect.

Appears in 2 contracts

Samples: Intercreditor Agreement (Wastech, Inc.), Settlement Agreement (Wastech, Inc.)

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SEVERABILITY AND SAVINGS CLAUSE. Should any clause, sentence, provision, paragraph or part of this Agreement for any reason whatsoever, whatsoever be adjudged by any court of competent jurisdiction, or be held by any other competent governmental authority having jurisdiction, to be invalid, unenforceable, or illegal, such judgment or holding shall not affect, impair, impair or invalidate the remainder of this Agreement, but shall be confined in its operation to the specific clause, sentence, provision, paragraph, paragraph or part of this Agreement directly involved, and the remainder of this Agreement, wherever practicable, shall remain in full force and effect.

Appears in 2 contracts

Samples: Securities Repurchase Agreement (Cooperative Computing Inc /De/), Stock Purchase Agreement (Cooperative Computing Inc /De/)

SEVERABILITY AND SAVINGS CLAUSE. Should any clause, sentence, provision, paragraph or part of this Agreement for any reason whatsoever, be adjudged by any court of competent jurisdiction, or be held by any other competent governmental authority having jurisdiction, to be invalid, unenforceable, or illegal, such judgment or holding shall not affect, impair, impair or invalidate the remainder of this Agreement, but shall be confined in its operation to the specific clause, sentence, provision, paragraph, paragraph or part of this Agreement directly involved, and the remainder of this Agreement, wherever practicable, shall remain in it full force and effect.

Appears in 1 contract

Samples: Compromise Settlement Agreement (Financial Industries Corp)

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SEVERABILITY AND SAVINGS CLAUSE. Should any clause, sentence, provision, paragraph or part of this Agreement for any reason whatsoever, be adjudged by any court of competent jurisdiction, or be held by any other competent governmental authority having jurisdiction, to be invalid, unenforceable, or illegal, such judgment or holding shall not affect, impair, impair or invalidate the remainder of this Agreement, but shall be confined in its operation to the specific clause, sentence, provision, paragraph, paragraph or part of this Agreement directly involved, and the remainder of this Agreement, wherever practicable, shall remain in full force and effect.

Appears in 1 contract

Samples: Compromise Settlement Agreement (Financial Industries Corp)

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