Common use of Severance and Validity Clause in Contracts

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 6 contracts

Samples: Shareholders’ Agreement, Exchange Rights Agreement (Concordia International Corp.), Framework Agreement (Yandex N.V.)

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Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it such provision shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provisionAgreement. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 3 contracts

Samples: Sale and Purchase Agreement, Share Sale and Purchase Agreement (Abb LTD), Share Sale and Purchase Agreement (Chicago Bridge & Iron Co N V)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it such provision shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such it with a provision with one having which has an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 3 contracts

Samples: Ocp Option Agreement (Nw18 HSN Holdings PLC), GSHS Option Agreement (Nw18 HSN Holdings PLC), Network18 Option Agreement (Nw18 HSN Holdings PLC)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the applicable law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: And Purchase Agreement (Zynga Inc)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours endeavors to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Aleph Group, Inc)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all commercially reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gambling.com Group LTD)

Severance and Validity. 16.1 If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: www.energean.com

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Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours efforts to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: ideaforgetech.com

Severance and Validity. If any provision of this Agreement is or becomes illegal, void, invalid or unenforceable in any respect under the law of any jurisdiction, in whole or in part, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provisionAgreement. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Samples: Agreement (Century Aluminum Co)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable endeavours to replace such provision with one having an effect as close as possible to the deficient provisionAgreement. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.. 54

Appears in 1 contract

Samples: Sale and Purchase Agreement

Severance and Validity. 36.1 If any part or provision of this Agreement is or becomes illegal, invalid invalid, void or unenforceable in any respect under the law of any applicable jurisdiction, it shall be deemed to be severed from this Agreement and the Parties shall use all reasonable best endeavours to replace such provision with one having an effect as close as possible to the deficient provision. The remaining parts and provisions of this Agreement will remain in full force and effect in that applicable jurisdiction and all provisions will continue in full force and effect in any other jurisdiction.

Appears in 1 contract

Samples: Shareholders’ Agreement (Tfi Tab Gida Yatirimlari A.S.)

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