Common use of Severability of Indemnification Provisions Clause in Contracts

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

Samples: Purchase Agreement (Buckeye Partners, L.P.), Purchase Agreement (Magellan Midstream Partners Lp)

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Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 X or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable lawApplicable Law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

Samples: Purchase Agreement (PBF Logistics LP), Purchase Agreement

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 ARTICLE VIII or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable lawLaws, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by lawapplicable Laws, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (American Midstream Partners, LP), Purchase and Sale Agreement

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 11 or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

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

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 11 or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable lawLaws, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by lawLaws, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

Samples: Interest Purchase Agreement (BP Midstream Partners LP), Interest Purchase Agreement

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Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 12 or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (DCP Midstream Partners, LP)

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 X or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable lawApplicable Law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.. 10.5

Appears in 1 contract

Samples: Purchase Agreement

Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 10 IX or the application of any part thereof is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction under applicable lawApplicable Law, then, but only in such event, such indemnity obligation or part thereof shall be modified, read, construed and enforced to the maximum extent permitted by law, and any remaining obligations or part thereof of such indemnity obligation that is valid and enforceable shall remain in full force and effect and be binding on the Parties.

Appears in 1 contract

Samples: Purchase Agreement (PBF Logistics LP)

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