Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article 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 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 3 contracts
Samples: Purchase Agreement, Purchase Agreement (PBF Logistics LP), Purchase Agreement
Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article X 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
Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article X 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 Lawapplicable Laws, 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 X 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 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 and Sale Agreement (DCP Midstream Partners, LP), Share Purchase Agreement (Buckeye Partners, L.P.)
Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article X 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 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: Asset Purchase Agreement (Buckeye Partners, L.P.), Asset Purchase Agreement (Magellan Midstream Partners Lp)
Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article X 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 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 and Sale Agreement, Purchase and Sale Agreement (DCP Midstream Partners, LP)
Severability of Indemnification Provisions. If any indemnity obligation set forth in this Article X 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 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
