Construction; Validity Sample Clauses
The 'Construction; Validity' clause defines how the terms of a contract are to be interpreted and affirms the enforceability of the agreement even if certain provisions are found invalid. Typically, this clause clarifies that the contract should be read as a whole, and if any part is deemed unenforceable or illegal, the remainder of the contract remains effective. For example, if a specific term is struck down by a court, the rest of the agreement continues to bind the parties. This clause ensures that minor legal issues do not invalidate the entire contract, thereby preserving the parties' overall intentions and maintaining contractual stability.
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Construction; Validity. Wherever possible, this Agreement shall be construed in a manner that is consistent with the Managed Account provisions in the Service Agreement. An adjudication or other determination that a provision of this Agreement is invalid or unenforceable shall not affect the validity or enforceability of any remaining provision of this Agreement.
Construction; Validity. Because each of the parties to this Agreement has contributed to the preparation and drafting hereof, has read it, and has had the option and sufficient time to reviewed it with each’s respective counsel and understands its terms and contents, the terms and provisions of this Agreement shall be interpreted and construed without any presumption or inference based upon the party drafting this Agreement. This Agreement is entered into without force or duress, in the free will of the parties, and in consideration of the receipt of substantial consideration. All parties acknowledge that they have not entered into this Agreement in reliance upon any inducement or promise not otherwise contained herein. The parties have had the opportunity and sufficient time to consult extensively with counsel regarding the terms of this Agreement and have resolved any questions they may have had as to the meaning, effect or interpretation of this Agreement. The decision of the parties to enter into this Agreement is a fully-informed decision, and the parties are aware of all legal and other ramifications of such decision.