Common use of Severability of the Agreement Clause in Contracts

Severability of the Agreement. If any one or more provisions of the Agreement is/are found to be invalid, illegal or unenforceable in any way in accordance with any law or regulation, the validity, legality or enforceability of the remaining provisions of the Agreement shall not be affected or impaired in any way. Both parties shall, through good faith consultation, strive to replace those invalid, illegal or unenforceable provisions with effective provisions as far as permitted by the law and expected by both parties, and the economic effects of such effective provisions shall be as close as possible to those of invalid, illegal or unenforceable provisions.

Appears in 2 contracts

Samples: Exclusive Business Cooperation Agreement (Goxus, Inc), Exclusive Business Cooperation Agreement (Goxus, Inc)

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Severability of the Agreement. If any one or more provisions of the this Agreement is/are found held to be invalid, illegal or unenforceable in any way respect in accordance with any law laws or regulationregulations, the validity, legality or enforceability of the remaining provisions of the this Agreement shall not be affected or impaired in any wayrespect thereby. Both parties The Parties shall, through consultations in good faith consultationfaith, strive seek to replace those invalid, illegal or unenforceable provisions with effective provisions as far as those which are valid to the maximum extent permitted by the law laws and expected desired by both parties, and the Parties. The economic effects of such effective provisions shall be as close as possible similar to those of the invalid, illegal or unenforceable provisionsprovisions as possible.

Appears in 2 contracts

Samples: Exclusive Business Cooperation Agreement (CDP Holdings, LTD), Exclusive Business Cooperation Agreement (CDP Holdings, LTD)

Severability of the Agreement. If any one or more several provisions of the Agreement is/are found to be judged as invalid, illegal or unenforceable in any way in accordance with aspect according to any law or regulation, the validity, legality or and enforceability of the remaining provisions of the Agreement shall not be affected or impaired in any wayaspect. Both The parties shall, through good faith consultation, strive shall make effort to replace those the invalid, illegal or unenforceable provisions with effective valid provisions as far as permitted through sincere consultation. The economic effect generated by the law and expected by both parties, and the economic effects of such effective valid provisions shall be as close as possible to those of similar with that generated by invalid, illegal or and unenforceable provisionsprovisions to the greatest extent.

Appears in 2 contracts

Samples: Exclusive Option Agreement (LightInTheBox Holding Co., Ltd.), Exclusive Option Agreement (LightInTheBox Holding Co., Ltd.)

Severability of the Agreement. If any Where one or more provisions of the Agreement is/this agreement are found held to be invalid, illegal or unenforceable in any way in accordance with respect under any law or regulation, the validity, legality or enforceability of the remaining provisions of the Agreement this agreement shall not be affected or impaired in any way. Both parties shall, through shall carry out negotiations in good faith consultation, strive to replace those invalid, illegal or unenforceable provisions with effective provisions as far as permitted by the law and expected by both partiesparties to be effective to the maximum extent, and the economic effects of such effective provisions shall be as close similar as possible to those of the invalid, illegal or unenforceable provisions.

Appears in 1 contract

Samples: Exclusive Management Consulting and Technical Service Agreement (EZGO Technologies Ltd.)

Severability of the Agreement. If any one or more provisions of the Agreement is/are found held to be invalid, illegal or unenforceable in any way in accordance with respect under any law or regulation, the validity, legality or enforceability of the remaining provisions of the Agreement shall not be affected or impaired thereby in any way. Both parties shall, through The Parties shall negotiate in good faith consultation, strive to try to replace those such invalid, illegal or unenforceable provisions with effective valid provisions as far as to the fullest extent permitted by the law laws and expected by both partiesthe Parties, and the economic effects of such effective valid provisions shall be as close similar as possible to those of invalid, illegal or unenforceable provisions.. ​

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (36Kr Holdings Inc.)

Severability of the Agreement. If any one or more provisions of the this Agreement is/are found held to be invalid, illegal or unenforceable in any way in accordance with respect under any law or regulation, the validity, legality or enforceability of the remaining provisions of the this Agreement shall not be affected or impaired in any wayway thereby. Both The parties shall, through good faith consultationconsultations, strive seek to replace those invalid, illegal or unenforceable provisions with effective provisions as far as permitted by the law and expected by both parties, and the whose economic effects of such effective provisions shall be are as close similar as possible to those of invalid, illegal or unenforceable provisions.

Appears in 1 contract

Samples: Exclusive Option Agreement (Unitrend Entertainment Group LTD)

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Severability of the Agreement. If any one or more multiple provisions of in the Agreement is/are found to be judged as invalid, illegal or unenforceable in any way in accordance with aspect according to any law or regulation, the validity, legality or enforceability of the remaining other provisions of the Agreement shall not be affected or impaired damaged in any wayaspect thereby. Both The parties shall, through good faith consultation, shall strive to replace those invalid, illegal or unenforceable provisions with effective valid provisions as far as permitted by laws and to the law and maximum extent expected by both partiesthe parties through sincere negotiation, and the economic effects of generated by such effective valid provisions shall be as close as possible similar to the economic effects generated by those of invalid, illegal or unenforceable provisionsprovisions as much as possible.

Appears in 1 contract

Samples: Business Cooperation Agreement (AgiiPlus Inc.)

Severability of the Agreement. If any one or more provisions of the this Agreement is/are found shall be determined to be invalid, illegal or unenforceable in any way in accordance with respect under any law or regulation, the validity, legality or enforceability of the remaining provisions of the this Agreement shall not be affected or impaired in any wayrespect thereby. Both The parties shall, through shall negotiate in good faith consultation, strive to replace for the replacement of those provisions ​ which are invalid, illegal or unenforceable with provisions with effective provisions as far as which are valid to the fullest extent permitted by the law and expected desired by both the parties, and the economic effects effect of such effective valid provisions shall be as close similar as possible to the economic effect of those of provisions which are invalid, illegal or unenforceable provisionsunenforceable.

Appears in 1 contract

Samples: Exclusive Technical and Consulting Services Agreement (Baijiayun Group LTD)

Severability of the Agreement. 13.1 If any one or more provisions of the this Agreement is/are found shall be held to be invalid, illegal or unenforceable in any way in accordance with respect under any law or regulation, the validity, legality or enforceability of the remaining provisions of the this Agreement shall not be affected or impaired in any wayrespect thereby. Both parties shall, through The Parties shall negotiate in good faith consultation, strive to replace for the replacement of those provisions that are invalid, illegal or unenforceable with provisions with effective provisions as far as that are valid to the extent permitted by the law and expected to the maximum extent desired by both partiesthe Parties, and the such valid provisions shall produce economic effects of such effective provisions shall be as close similar as possible to those of produced by those provisions that are invalid, illegal or unenforceable provisionsunenforceable.

Appears in 1 contract

Samples: Restructuring Framework Agreement (ECARX Holdings Inc.)

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