Common use of 5Severability Clause in Contracts

5Severability. In the event that one or several of the provisions of this Agreement are found to be invalid, illegal, or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality, or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal, or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by the relevant laws and the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal, or unenforceable provisions.

5Severability. ​ In the event that one or several of the provisions of this Agreement are found to be invalid, illegal, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by the relevant laws law and the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal, illegal or unenforceable provisions.. ​