Common use of 6Severability Clause in Contracts

6Severability. If any term or other provision of this Agreement is invalid, illegal, or incapable of being enforced under any Law or public policy, all other terms and provisions of this Agreement will nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal, or incapable of being enforced, the parties hereto will negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible.

Appears in 1 contract

Samples: Nanotherapeutics License Agreement (XOMA Corp)

AutoNDA by SimpleDocs

6Severability. If any term or other provision of this Agreement is invalid, illegal, illegal or incapable of being enforced under by any Law or public policy, all other terms and or provisions of this Agreement will shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby Transactions is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal, illegal or incapable of being enforced, the parties hereto will shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable manner in order that the transactions contemplated hereby Transactions are consummated as originally contemplated to the greatest extent possible.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TopBuild Corp)

6Severability. If any term or other provision of this Agreement is invalid, illegal, illegal or incapable of being enforced under by any rule of Law or public policy, all other terms conditions and provisions of this Agreement will nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any partyParty. Upon such determination that any term or other provision is invalid, illegal, illegal or incapable of being enforced, the parties hereto will Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto Parties as closely as possible in an acceptable manner in order to the end that the transactions contemplated hereby are consummated as originally contemplated fulfilled to the greatest extent possible.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jernigan Capital, Inc.)

AutoNDA by SimpleDocs

6Severability. If any term or other provision of this Agreement is invalid, illegal, illegal or incapable of being enforced under by any Law Legal Requirement or public policy, all other terms and provisions of this Agreement will shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is are not affected in any manner materially adverse to any party. Upon , and upon such determination that any term or other provision is invalid, illegal, illegal or incapable of being enforced, the parties hereto will shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable manner in order so that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible.

Appears in 1 contract

Samples: Purchase Agreement (Ryman Hospitality Properties, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.