Common use of Severability; Reformation Clause in Contracts

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 132 contracts

Samples: Merger Agreement (Vacation Properties International Inc), Agreement and Plan of Organization (Travel Services International Inc), Stock Purchase Agreement (Integrated Electrical Services Inc)

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Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 31 contracts

Samples: Agreement and Plan of Organization (Healthworld Corp), Agreement and Plan of Organization (Healthworld Corp), Agreement and Plan of Organization (Healthworld Corp)

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the this Agreement shall thereby be reformed.

Appears in 28 contracts

Samples: Merger Agreement (Enfinity Corp), Merger Agreement (Enfinity Corp), Merger Agreement (Enfinity Corp)

Severability; Reformation. The covenants in this Section 13 Article 11 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 23 contracts

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (U S a Floral Products Inc)

Severability; Reformation. The covenants in this Section 13 Article 14 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event if any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 15 contracts

Samples: Purchase Agreement (Unicapital Corp), Agreement and Plan of Contribution (Unicapital Corp), Agreement and Plan of Contribution (Unicapital Corp)

Severability; Reformation. The covenants in this Section 13 15 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby thereupon be automatically reformed.

Appears in 13 contracts

Samples: Merger Agreement (Alliance Group Inc), Merger Agreement (Alliance Group Inc), Merger Agreement (Alliance Group Inc)

Severability; Reformation. The covenants in this Section Article 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the this Agreement shall thereby be reformed.

Appears in 8 contracts

Samples: Merger Agreement (Luminant Worldwide Corp), Contribution Agreement (Luminant Worldwide Corp), Agreement and Plan of Organization (Luminant Worldwide Corp)

Severability; Reformation. The covenants in this Section 13 12 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 8 contracts

Samples: Acquisition Agreement (Rv Centers Inc), Agreement and Plan of Organization (Quanta Services Inc), Asset Purchase Agreement (Rv Centers Inc)

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth herein are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 8 contracts

Samples: Agreement and Plan of Organization (Marinemax Inc), Merger Agreement (Marinemax Inc), Agreement and Plan of Organization (Marinemax Inc)

Severability; Reformation. The covenants in this Section 13 10 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 5 contracts

Samples: Assets Purchase Agreement (National Insurance Group /Ca/), Merger Agreement (Appnet Systems Inc), Stock Purchase Agreement (Appnet Systems Inc)

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall will not affect the provisions of any other covenantcovenant in this Section or in this Agreement. Moreover, in In the event any court of competent jurisdiction shall will determine that the scope, time or territorial restrictions set forth in this Section are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall provisions of this Section will thereby be reformed.

Appears in 2 contracts

Samples: Internet Fulfillment Services Agreement (Nutripure Com), Internet Fulfillment Services Agreement (Nutripure Com)

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement provisions of this Section 10 shall thereby be reformed.

Appears in 2 contracts

Samples: Merger Agreement (Metals Usa Inc), Merger Agreement (Metals Usa Inc)

Severability; Reformation. The covenants in this Section 13 Article 9 ------------------------- are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Navigant International Inc), Stock Purchase Agreement (Navigant International Inc)

Severability; Reformation. The covenants in this Section 13 7 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event If any court of competent jurisdiction shall determine determines that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties intend that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 2 contracts

Samples: Stock Purchase Agreement (T-3 Energy Services Inc), Stock Purchase Agreement (T-3 Energy Services Inc)

Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby thereupon be automatically reformed.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Communications Group Inc/De/), Stock Purchase Agreement (Advanced Communications Group Inc/De/)

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Severability; Reformation. The covenants in this Section 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.or

Appears in 1 contract

Samples: Agreement and Plan of Organization (Marinemax Inc)

Severability; Reformation. The covenants in this Section 13 SECTION 14 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Asset Contribution Agreement (Pentegra Dental Group Inc)

Severability; Reformation. The covenants in this Section 13 ARTICLE 10 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Holiday Rv Superstores Inc)

Severability; Reformation. The covenants in this Section Article 13 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties Parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the this Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Security Capital Corp/De/)

Severability; Reformation. The covenants in this Section 13 SECTION 11 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the this Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Asset Purchase Agreement (E-Dentist Com Inc)

Severability; Reformation. The covenants in this Section 13 12 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the this Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Asset Purchase Agreement (Physicians Resource Group Inc)

Severability; Reformation. The covenants in this Section 13 12 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event if any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Merger Agreement (Unicapital Corp)

Severability; Reformation. The covenants in this Section 13 ------------------------- 11 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event any court of competent jurisdiction shall determine that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metro Global Media Inc)

Severability; Reformation. The covenants in this Section 13 9 are severable and separate, and the unenforceability of any specific covenant shall not affect the provisions of any other covenant. Moreover, in the event If any court of competent jurisdiction shall determine determines that the scope, time or territorial restrictions set forth are unreasonable, then it is the intention of the parties intend that such restrictions be enforced to the fullest extent which the court deems reasonable, and the Agreement shall thereby be reformed.

Appears in 1 contract

Samples: Asset Purchase Agreement (T-3 Energy Services Inc)

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