Common use of Validity of Memorandum of Understanding Clause in Contracts

Validity of Memorandum of Understanding. If any provision of this MOU is determined to be invalid or illegal by a court of competent jurisdiction, or should any change be made in any Federal or State law, or in any rules and regulations implementing such legislation, or in any City Charter or Santa Xxxxxx Municipal Code provision which would be applicable and contrary to any provision herein contained, then such provision shall be superseded and severed from this MOU, and shall be replaced by a substitute benefit or provision of equal value or worth, with the remainder of this MOU to remain effect. The parties hereto shall immediately commence to negotiate for the purpose of determining the precise nature and form of such substitute benefit or provision to replace any such invalid or illegal provision.

Validity of Memorandum of Understanding. If any provision of this MOU is determined to be invalid or illegal by a court of competent jurisdiction, or should any change be made in any Federal or State law, or in any rules and regulations implementing such legislation, or in any City Charter or Santa Xxxxxx Municipal Code provision which would be applicable and contrary to any provision herein contained, then such provision shall be superseded and severed from this MOU, and shall be replaced by a substitute benefit or provision of equal value or worth, with the remainder of this MOU to remain in full force and effect. The parties hereto shall immediately commence to negotiate meet for the purpose of determining the precise nature and form of such substitute benefit or provision to replace for the purpose of replacing any such invalid or illegal provision.