Common use of 9Severability Clause in Contracts

9Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never compromised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by such illegal, invalid, or unenforceable provision or by its severance from this Agreement.

Appears in 7 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

9Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never compromised comprised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by such illegal, invalid, or unenforceable provision or by its severance from this Agreement.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

9Severability. If This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect the validity or enforceability of this Agreement is held to be illegalor of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable under present term or future lawsprovision, such provision the parties hereto intend that there shall be fully severable; added as a part of this Agreement shall be construed and enforced a provision as if similar in terms to such illegal, invalid or unenforceable provision had never compromised a part of this Agreement; as may be possible and the remaining provisions of this Agreement shall remain in full force be valid and effect and shall not be affected by such illegal, invalid, or unenforceable provision or by its severance from this Agreement.enforceable. ​ ​ ​

Appears in 1 contract

Sources: Warrant Agreement (Paloma Acquisition Corp I)

9Severability. If any clause or provision of this Agreement is found to be illegal, invalid, or unenforceable under any present or future law, the remainder of this Agreement shall not be affected thereby. It is the intention of the parties that, if any such provision is held to be illegal, invalid or unenforceable under present or future lawsunenforceable, there will be added in lieu thereof a provision as similar in terms to such provision shall be fully severable; this Agreement shall be construed as is legal, valid and enforced as if such illegal, invalid or unenforceable provision had never compromised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by such illegal, invalid, or unenforceable provision or by its severance from this Agreementenforceable.

Appears in 1 contract

Sources: Land Swap Agreement

9Severability. If This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect the validity or enforceability of this Agreement is held to be illegalor of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable under present term or future lawsprovision, such provision the parties hereto intend that there shall be fully severable; added as a part of this Agreement shall be construed and enforced a provision as if similar in terms to such illegal, invalid or unenforceable provision had never compromised a part of this Agreement; as may be possible and the remaining provisions of this Agreement shall remain in full force be valid and effect and shall not be affected by such illegal, invalid, or unenforceable provision or by its severance from this Agreement.enforceable. ​

Appears in 1 contract

Sources: Warrant Agreement (Aldabra 4 Liquidity Opportunity Vehicle, Inc.)