Common use of Severability; Illegality Clause in Contracts

Severability; Illegality. If compliance by either party with any provision of the Transaction would be unenforceable or illegal, (a) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (b) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 20 contracts

Samples: Letter Agreement (Keyw Holding Corp), Intercept Pharmaceuticals Inc, Intercept Pharmaceuticals Inc

AutoNDA by SimpleDocs

Severability; Illegality. If compliance by either party with any provision of the Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 20 contracts

Samples: PPL Corp, PPL Corp, PPL Corp

Severability; Illegality. If Notwithstanding anything to the contrary in the Agreement, if compliance by either party with any provision of the Transaction would be unenforceable or illegal, (a) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (b) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 16 contracts

Samples: China Lodging Group, LTD, China Lodging Group, LTD, DISH Network CORP

Severability; Illegality. If Notwithstanding anything to the contrary in the Agreement, if compliance by either party with any provision of the Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 7 contracts

Samples: Waha Capital PJSC, Waha Capital PJSC, Waha Capital PJSC

Severability; Illegality. If compliance by either party with any provision of the this Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the this Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 6 contracts

Samples: Distribution Agreement (American Electric Power Co Inc), Terms Agreement (Piedmont Natural Gas Co Inc), Terms Agreement (Piedmont Natural Gas Co Inc)

Severability; Illegality. If compliance by either party with any provision of the a Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 4 contracts

Samples: Amendment Agreement (Equinix Inc), Amendment Agreement (Equinix Inc), Amendment Agreement (Equinix Inc)

AutoNDA by SimpleDocs

Severability; Illegality. If compliance by either party with any provision of the a Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the such Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 1 contract

Samples: Novation Agreement (Gulf Hungary Holding Korlatolt Felelossegu Tarsasag)

Severability; Illegality. If compliance by either party with any provision of the Additional Payment Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the Additional Payment Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 1 contract

Samples: Partnerre LTD

Severability; Illegality. If compliance by either any party with any provision of the Transaction would be unenforceable or illegal, (ai) the parties shall negotiate in good faith to resolve such unenforceability or illegality in a manner that preserves the economic benefits of the transactions contemplated hereby and (bii) the other provisions of the Transaction shall not be invalidated, but shall remain in full force and effect.

Appears in 1 contract

Samples: Guarantee (Sealy Corp)

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