Common use of Severability; Invalid Provisions Clause in Contracts

Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Law, (a) such provisions will be fully severable; (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Lee Samuel Sang-Bum), Stock Purchase Agreement (RxElite, Inc.), Repurchase Agreement (Lifepoint Hospitals, Inc.)

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Severability; Invalid Provisions. If any provision of this Agreement is held finally judicially determined to be illegal, invalid or unenforceable under any present or future Law, and if the rights or obligations of any Party under this Agreement will not be materially and adversely affected thereby, (a) such provisions will provision shall be fully severable; , (b) this Agreement will shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; , (c) the remaining provisions of this Agreement will shall remain in full force and effect and will shall not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; , and (d) in lieu of such illegal, invalid or unenforceable provision, there will shall be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Alkermes Plc.), Agreement and Plan of Merger (Amag Pharmaceuticals Inc.)

Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Law, (a) such provisions will be fully severable; (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Psychiatric Solutions Inc), Stock Purchase Agreement (Psychiatric Solutions Inc), Stock Purchase Agreement (Psychiatric Solutions Inc)

Severability; Invalid Provisions. If any provision of this Agreement is held finally judicially determined to be illegal, invalid or unenforceable under any present or future Lawlaw, and if the rights or obligations of any Party under this Agreement will not be materially and adversely affected thereby, (a) such provisions will provision shall be fully severable; , (b) this Agreement will shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; , (c) the remaining provisions of this Agreement will shall remain in full force and effect and will shall not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; , and (d) in lieu of such illegal, invalid or unenforceable provision, there will shall be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Skyworks Solutions, Inc.), Agreement and Plan of Merger (Skyworks Solutions, Inc.)

Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Lawlaw, (a) such provisions will be fully severable; (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 2 contracts

Samples: Stock Purchase Agreement (First Health Group Corp), Stock Purchase Agreement (Express Scripts Inc)

Severability; Invalid Provisions. If any provision of this Affiliation Agreement is held to be illegal, invalid invalid, or unenforceable under any present or future Lawlaw, (a) such provisions will be fully severable; , (b) this Affiliation Agreement will be construed and enforced as if such illegal, invalid invalid, or unenforceable provision had never comprised a part hereof; , (c) the remaining provisions of this Affiliation Agreement will remain in full force and effect and will not be affected by the illegal, invalid invalid, or unenforceable provision or by its severance herefromhere from; and (d) in lieu of such illegal, invalid invalid, or unenforceable provision, there will be added automatically as a part of this Affiliation Agreement a legal, valid valid, and enforceable provision as similar in terms and effect to such illegal, invalid invalid, or unenforceable provision as may be possiblepossible and which is agreed to by the parties.

Appears in 1 contract

Samples: Provider Affiliation Agreement

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Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Law, (a) such provisions will be fully severable; , (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; , (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 1 contract

Samples: Asset Purchase and Contribution Agreement (Liquidmetal Technologies Inc)

Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Lawlaw, (ai) such provisions will be fully severable; , (bii) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; , (ciii) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (div) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 1 contract

Samples: Management Services Agreement (Alternative Energy Sources Inc)

Severability; Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future applicable Law, (a) and if the rights or obligations of any Party under this Agreement will not be materially and adversely affected thereby, such provisions provision will be fully severable; (b) , this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (c) , the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; herefrom and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms and effect to such illegal, invalid or unenforceable provision as may be possible.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Buckeye Partners, L.P.)

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