Common use of Severability of Provisions Clause in Contracts

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement. Furthermore, the parties shall in good faith endeavor to replace any provision held to be invalid or unenforceable with a valid and enforceable provision which most closely resembles, and which has the same economic effect as, the provision held to be invalid or unenforceable.

Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement. Furthermore, Agreement or of the rights of the parties hereto. The Parties shall endeavor in good faith endeavor negotiations to replace any provision held to be invalid the invalid, illegal or unenforceable provision with a valid and enforceable provision which most closely resemblesprovision, and which has the same economic effect asof which comes as close as possible to that of the invalid, the provision held to be invalid illegal or unenforceableunenforceable provision.