Common use of Substitution Clause Clause in Contracts

Substitution Clause. Should any individual provision Of this Agreement be or become void, or should a gap be ascertained in this Agreement, the validity of the other provisions shall not be affected thereby. As a substitute for the provision, which is void or inoperative, or for the purpose of filling the gap, an appropriate arrangement shall be valid, which, if it is legally possible, shall be as close as possible to what the contracting parties would have reasonably intended, had they considered that point. If a provision is void or inoperative owing to measures or outputs or times (periods or time limits) indicated therein, this shall be replaced by a measure which is as close as legally possible to the provision in question.

Appears in 3 contracts

Samples: How and Licensing Agreement (Rslpco Inc), How and Licensing Agreement (Rslpco Inc), How and Licensing Agreement (Rslpco Inc)

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Substitution Clause. Should any individual provision Of of this Agreement AGREEMENT be or become void, or should a gap be ascertained in this AgreementAGREEMENT, the validity of the other provisions shall not be affected thereby. As a substitute for the provision, which is void or inoperative, or for the purpose of filling the gap, an appropriate arrangement shall be valid, which, if it is legally possible, shall be as close as possible to what the contracting parties would have reasonably intended, had they considered that point. If a provision is void or inoperative owing to measures or outputs or times (periods or time limits) indicated therein, this shall be replaced by a measure which is as close as legally possible to the provision in question.

Appears in 3 contracts

Samples: How and Licensing Agreement (Rslpco Inc), How and Licensing Agreement (Rslpco Inc), How and Licensing Agreement (Rslpco Inc)

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Substitution Clause. Should any individual provision Of of this Agreement be or become void, or should a gap be ascertained in this Agreement, the validity of the other provisions shall not be affected thereby. As a substitute for the provision, which is void or inoperative, or for the purpose of filling the gap, an appropriate arrangement shall be valid, which, if it is legally possible, shall be as close as possible to what the contracting parties would have reasonably intended, had they considered that point. If a provision is void or inoperative owing to measures or outputs or times (periods or time limits) indicated therein, this shall be replaced by a measure which is as close as legally possible to the provision in question.

Appears in 1 contract

Samples: How and Licensing Agreement (Rslpco Inc)

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