Severability; Assignability Sample Clauses
The "Severability; Assignability" clause serves two main purposes: it ensures that if any part of the contract is found to be invalid or unenforceable, the remaining provisions will still remain in effect, and it addresses whether the parties can transfer their rights or obligations under the agreement to others. In practice, this means that if a court strikes down a specific section of the contract, the rest of the agreement continues to be valid, and the clause may specify whether a party needs consent to assign the contract to a third party. This clause is essential for maintaining the integrity of the contract despite legal challenges to individual provisions and for clarifying the parties' ability to transfer their contractual interests.
Severability; Assignability. If any term or provision of this agreement or its application thereof to any person or circumstance shall be deemed invalid or unenforceable, the remainder of the agreement shall not be affected thereby, and each term and provision of this contract shall be valid and enforceable to the fullest extent permitted by law. The covenants and agreements contained herein shall be assignable to, inure to the benefit of and may be enforced by the successors and assigns of the Company and Company. By: By: Name: Name: Title: Title:
Severability; Assignability. Should any portion of this Subscription Agreement be rendered void, invalid or unenforceable by a court of law for any reason, such invalidity or unenforceability shall not void or render invalid or unenforceable any other portion of this Subscription Agreement. Neither this Subscription Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company or the undersigned without the prior written consent of the other party.
Severability; Assignability. Should any portion of this Agreement be rendered void, invalid or unenforceable by a court of law for any reason, such invalidity or unenforceability shall not void or render invalid or unenforceable any other portion of this Agreement. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company without the prior written consent of the other and Escrow Agent.
Severability; Assignability. If any provision of this Agreement shall be held to be invalid or unenforceable, the remainder of this Agreement shall not be affected thereby and shall remain valid and enforceable. Neither Party may assign this Agreement or any of its rights and obligations hereunder to any person, firm or corporation, without the prior written consent of the other, which consent shall not be unreasonably withheld, provided however that either party may assign this Agreement to a successor in interest as a result of a sale of all or substantially all of its stock or assets.
Severability; Assignability. A. The invalidity or unenforceability of any provision of this Agreement will not affect the validity or enforceability of any other provision.
B. No Party may assign or subcontract any portion of this Agreement without the prior written consent of the other Party; provided, however, that GCPS expressly acknowledges that any assignment by UK to an entity controlled by, controlling or under common ownership with UK or arising out of any merger, reorganization, or consolidation of UK shall not require the consent of GCPS.
Severability; Assignability. If any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without the provision. This Agreement may not be assigned by Customer without the prior written consent of Applegate, which will not be unreasonably withheld.
Severability; Assignability. If any term or provision of this agreement or its application thereof to any person or circumstance shall be deemed invalid or unenforceable, the remainder of the agreement shall not be affected thereby, and each term and provision of this contract shall be valid and enforceable to the fullest extent permitted by law. The covenants and agreements contained herein shall be assignable to, inure to the benefit of and may be enforced by the successors and assigns of the Company and Company. By: By: Name: Name: Title: Title:
1. Prior Innovations. Except as set forth below, I acknowledge at this time that I have not made or reduced to practice (alone or jointly with others) any inventions or innovations relevant to any Services under this Agreement (if none, so state):
2. Conflicting Relationships. Except as set forth below, I acknowledge that I have no other current or prior agreements, relationships or commitments which conflict with my relationship with Company under this Agreement (if none, so state):
Severability; Assignability. If any portion of this Agreement is deemed to be or becomes unenforceable or illegal, such portion shall be deemed eliminated and the remainder of this Agreement shall remain in effect in accordance with its terms and modified by such deletion. Neither this Agreement nor the rights or obligations hereunder may be assigned without prior approval of the other Party.
Severability; Assignability. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the other provisions of this Agreement, which shall remain in full force and effect. This Agreement shall be binding upon, and inure to the benefit of, the Executive, the Employer and their respective successors and assigns. The rights and obligations of the parties to this Agreement shall not be assignable or delegable, except that the rights and obligations of the Employer hereunder shall be assignable and delegable to any Company Affiliate or in connection with any subsequent merger, consolidation, sale of all or substantially all of the assets or equity interests of the Employer or similar transaction involving the Employer or a successor corporation. The Employer shall require any successor to the Employer to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Employer would be required to perform it if no such succession had taken place. Subject to any provisions in this Agreement restricting assignment, this Agreement shall be binding upon the parties hereto and shall inure to the benefit of the parties and their respective heirs, devisees, executors, administrators, legal representatives, successors and assigns.
Severability; Assignability. A. The invalidity or unenforceability of any provision of this Agreement will not affect the validity or enforceability of any other provision.
B. No Party may assign or subcontract any portion of this Agreement without the prior written consent of the other Party; provided, however, that OCS expressly acknowledges that any assignment by UK to an entity controlled by, controlling or under common ownership with UK or arising out of any merger, reorganization, or consolidation of UK shall not require the consent of OCS.