Common use of 6Severability Clause in Contracts

6Severability. Without prejudice to any other rights that the Parties have pursuant to this Agreement, every provision of this Agreement is intended to be severable. If any provision of this Agreement shall be invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions of this Agreement, which shall remain in full force and effect. The Parties hereto agree to consult each other and to agree upon a new stipulation which is permissible under the law and which comes as close as possible to the original purpose and intent of the invalid, void or unenforceable provision.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

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6Severability. Without prejudice to any other rights that the Parties have pursuant to this Agreement, every provision of this Agreement is intended to be severable. If any provision of this This Agreement shall be invalid or unenforceabledeemed severable, such and the invalidity or unenforceability of any term or provision hereof shall not affect the other provisions validity or enforceability of this AgreementAgreement or of any other term or provision hereof. Furthermore, which shall remain in full force and effect. The Parties hereto agree to consult each other and to agree upon a new stipulation which is permissible under the law and which comes as close as possible to the original purpose and intent lieu of the invalid, void any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible so as to be valid and enforceable.

Appears in 2 contracts

Samples: Share Exchange Agreement (Car Charging Group, Inc.), Share Exchange Agreement (Color Accents Holdings, Inc.)

6Severability. Without prejudice to If any term or other rights that the Parties have pursuant to this Agreement, every provision of this Agreement is intended held to be severable. If any provision invalid, illegal or incapable of being enforced in accordance with the terms hereunder, all other conditions and provisions of this Agreement shall be invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions of this Agreement, which shall will nevertheless remain in full force and effecteffect so long as the economic or legal substance of the transaction contemplated by this Agreement is not affected in any manner materially adverse to either Party. The Upon any such determination, the Parties hereto agree shall negotiate in good faith to consult each other and modify this Agreement so as to agree upon a new stipulation which is permissible under the law and which comes effect their original intent as close as possible contemplated by this Agreement to the original purpose and intent of the invalid, void or unenforceable provisiongreatest extent possible.

Appears in 1 contract

Samples: Exclusive License Agreement (Rhythm Pharmaceuticals, Inc.)

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6Severability. Without prejudice to any other rights that the Parties have pursuant to this Agreement, every provision of this Agreement is intended to be severable. If any provision of this This Agreement shall be invalid or unenforceabledeemed severable, such and the invalidity or unenforceability of any term or provision hereof shall not affect the other provisions validity or enforceability of this AgreementAgreement or of any other term or provision hereof. Furthermore, which in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall remain be added as a part of this Agreement a provision as similar in full force and effect. The Parties hereto agree terms to consult each other and to agree upon a new stipulation which is permissible under the law and which comes such invalid or unenforceable provision as close as may be possible to the original purpose be valid and intent of the invalid, void or unenforceable provisionenforceable.

Appears in 1 contract

Samples: Share Exchange Agreement (CuraScientific Corp.)

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