REFORMATION definition

REFORMATION. Interpretation is understanding existing terms, while reformation adjusts terms reflecting true mutual intentions. – Summary judgments are inappropriate where genuine factual disputes about agreement intentions exist; trials should ascertain factual backgrounds. Class Notes: – **Reformation of Contract Elements:**
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REFORMATION. If one or more provisions of this agreement shall be held unenforceable, invalid, or illegal in any respect, such unenforceability, invalidity, or illegality shall not affect any other provision of this agreement, which shall be con­strued as if such unenforceable, invalid, or illegal provision had never been a part hereof.
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Examples of REFORMATION in a sentence

  • In connection with such consultation, any Party Representative may propose altering the scope of a term or formula under this Agreement (a "REFORMATION PROPOSAL") to achieve the goals set forth in Section 20(a) and to preserve the Licensee benefits set forth Section 7 or elsewhere in this Agreement.

  • REFORMATION In the event any provision of this Agreement is held to be invalid or unenforceable for any reason, such invalidity or unenforceability will attach only to such provision and will not affect or render invalid or unenforceable any other provision of this Agreement.

  • EACH OF EMPLOYER AND EMPLOYEE KNOWINGLY AND VOLUNTARILY REQUESTS THAT ANY COURT OR ARBITER BEFORE WHOM THIS EMPLOYMENT AGREEMENT IS IN CONTROVERSY REFORM THE RESTRICTIVE COVENANTS HEREIN, IF SUCH REFORMATION IS NECESSARY TO MAKE ANY OF THEM ENFORCEABLE, TO THE MAXIMUM LEVEL OF ENFORCEMENT PERMISSIBLE TO EMPLOYER AND EQUITABLE UNDER THE CIRCUMSTANCES.

  • HIS 355 THE REFORMATION / 3 credits This course will explore the causes and consequences of the Reformation.

  • FOR REFORMATION ALLIANCE FOR ALL-LIBERIAN COALITION PARTY PARTY ...................................................

  • REFORMATION If any term or condition of this Agreement is found by a court of competent jurisdiction to be illegal, unlawful or otherwise unenforceable the parties agree that such term or condition shall be reformed as nearly as may be possible to carry forth the intentions of the parties and that such illegality, unlawfulness or unenforceability shall not act to void any other term or condition of this Agreement nor to void the Agreement as a whole.

  • REFORMATION AND SEVERABILITY...........................-50- Section 10.11.

  • THE SHAREHOLDER AGREES THAT HIS REMEDY AT LAW IS ADEQUATE FOR ANY WRONGFUL ACT BY THE HOLDER OF THIS PROXY AND THEREFORE WILL NOT SEEK, AND HEREBY WAIVES, ALL EQUITABLE REMEDIES, INCLUDING WITHOUT LIMITATION REMEDIES IN THE NATURE OF INJUNCTIVE RELIEF, SPECIFIC PERFORMANCE, RESCISSION OR REFORMATION.

  • REFORMATION OF INSTRUMENTS Reformation is that remedy in equity by means of which a written instrument is made or construed so as to express or conform to the real intention of the parties when some error or mistake has been committed.

  • SEVERABI ▇▇ ▇▇ AND REFORMATION If any provision of this Agreement is he ▇ ▇ to be i llegal,inva li d, or unenforceab l e under present or future l aw, such provision sha JJ be fu ll y severable, and this Agreement shall be construe d an d enforced a s if such illegal .

Related to REFORMATION

  • Provision in relation to the Act, means words or other matter that form or forms part of the Act, and includes:

  • Governing Document means any charter, articles, bylaws, certificate or similar document adopted, filed or registered in connection with the creation, formation, organization or governance of an entity.

  • Organic rules means the public organic record and private organic rules of an entity.

  • Change in 1940 Act Law shall have the meaning set forth in the definition of "Investment Company Event."

  • enactment means any enactment, whether public general or local, and includes any order, byelaw, rule, regulation, scheme or other instrument having effect by virtue of an enactment;