Common use of Contract Modifications for Prospective Legal Events Clause in Contracts

Contract Modifications for Prospective Legal Events. In the event any state or federal laws or regulations, now existing or enacted or promulgated after the date hereof, are interpreted by judicial decisions, a regulatory agency or legal counsel in such a manner as to indicate that this Agreement or any provision hereof may be in violation of such laws or regulations, the Group Practice and Administrator shall amend this Agreement as necessary to preserve the underlying economic and financial arrangements between the Group Practice and Administrator and without substantial economic detriment to either party. To the extent any act or service required of Administrator in this Agreement should be construed or deemed, by any governmental authority, agency or court, to constitute the practice of medicine, the performance of said act or service by Administrator shall be deemed waived and forever unenforceable and the provisions of this Section 11.6 shall be applicable. Neither party shall claim or assert illegality as a defense to the enforcement of this Agreement or any provision hereof, instead, any such purported illegality shall be resolved pursuant to the terms of this Section 11.6 and Section 11.9.

Appears in 2 contracts

Samples: Management Services Agreement (American Medical Providers Inc), Management Services Agreement (American Medical Providers Inc)

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Contract Modifications for Prospective Legal Events. In the event any state or federal laws or regulations, now existing or enacted or promulgated after the date hereof, are interpreted by judicial decisions, a regulatory agency or legal counsel in such a manner as to indicate that this Agreement or any provision hereof may be in violation of such laws or regulations, the Group Practice Clinic and Administrator shall amend this Agreement as necessary to preserve the underlying economic and financial arrangements between the Group Practice Clinic and Administrator and without substantial economic detriment to either party. To the extent any act or service required of Administrator in this Agreement should be construed or deemed, by any governmental authority, agency or court, to constitute the practice of medicine, the performance of said act or service by Administrator shall be deemed waived and forever unenforceable and the provisions of this Section 11.6 shall be applicable. Neither party shall claim or assert illegality as a defense to the enforcement of this Agreement or any provision hereof, instead, any such purported illegality shall be resolved pursuant to the terms of this Section 11.6 and Section 11.9.

Appears in 1 contract

Samples: Asset Purchase Agreement (Physicians Trust Inc)

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Contract Modifications for Prospective Legal Events. In the event any state or federal laws or regulations, now existing or enacted or promulgated after the date hereof, are interpreted by judicial decisionsdecision, a regulatory agency or legal counsel in such a manner as to indicate that this Agreement or any provision hereof may be in violation of such laws or regulations, the Group Practice and Administrator Pentegra shall amend this Agreement as necessary to preserve the underlying economic and financial arrangements between the Group Practice and Administrator Pentegra and without substantial economic detriment to either party. To the extent any act or service required of Administrator Pentegra in this Agreement should be construed or deemed, by any governmental authority, agency or court, court to constitute the illegal practice of medicinedentistry, the performance of said act or service by Administrator Pentegra shall be deemed waived and forever unenforceable and the provisions of this Section 11.6 SECTION 10.6 shall be applicable. Neither party shall claim or assert illegality as a defense to the enforcement of this Agreement or any provision hereof, ; instead, any such purported illegality shall be resolved pursuant to the terms of this Section 11.6 SECTION 10.6 and Section 11.9SECTION 10.10.

Appears in 1 contract

Samples: Service Agreement (Pentegra Dental Group Inc)

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