Term Validity Sample Clauses

Term Validity. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any applicable law, then such provision will be deemed to be modified to the minimum extent necessary to render it legal, valid and enforceable; and if such provision cannot be so modified, then this Agreement will be construed as if not containing the provision held to be invalid, and the rights and obligations of the parties will be construed and enforced accordingly. In the event of any conflict between the terms and conditions of this Agreement and the Plan, the provisions of the Plan shall control.
AutoNDA by SimpleDocs
Term Validity. This Agreement shall become effective upon signature and shall be valid for an indefinite period. Either Partner may terminate this Agreement via registered letter with 3 months' notice to the end of a calendar year. The provisions of this Agreement shall continue to apply to any supply contract already concluded at the time of termination. The termination of this Agreement does not imply the automatic termination of any existing sup- ply contract. The termination of any existing supply contract does not automatically terminate this Agreement. The right to terminate this Agreement and the respective supply contracts without notice for good cause (e.g. in the event of a breach of duties of care and notification or failure to comply with the Contractor's duties of cooperation under this Agreement) remains unaffected.
Term Validity. 1. This MOU shall automatically renew annually for a period of seven (7)-years.
Term Validity. The present agreement shall come into effect upon signing and be concluded for an indefinite period. It can be terminated to the end of a calendar year by either contracting party by registered letter. However, such termi- nation shall only apply to products not yet agreed with legal binding between the contracting parties at the time of the termination. Termination of the present agreement shall not automatically result in termination of any delivery contracts which may exist. Termination of any delivery contracts which may exist shall not automatically result in the termination of the present agreement.

Related to Term Validity

  • Legal validity Subject to any general principles of law limiting its obligations and referred to in any legal opinion required under this Agreement, each Finance Document to which it is a party is its legally binding, valid and enforceable obligation.

  • Validity The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!