Enforceability; Severability. The parties hereto agree that each provision of this Agreement will be interpreted in such a manner as to be effective and valid under applicable law. If one or more provisions of this Agreement are nevertheless held to be prohibited, invalid or unenforceable under applicable law, such provision will be effective to the fullest extent possible excluding the terms affected by such prohibition, invalidity or unenforceability, without invalidating the remainder of such provision or the remaining provisions of this Agreement. If the prohibition, invalidity or unenforceability referred to in the prior sentence requires such provision to be excluded from this Agreement in its entirety, the balance of the Agreement will be interpreted as if such provision were so excluded and will be enforceable in accordance with its terms.
Appears in 15 contracts
Samples: Credit and Security Agreement (Long Island Iced Tea Corp.), Credit Agreement (Ladenburg Thalmann Financial Services Inc.), Credit Agreement (Ladenburg Thalmann Financial Services Inc)
Enforceability; Severability. The parties hereto agree that each provision of this Agreement will be interpreted in such a manner as to be effective and valid under applicable lawLaw. If one or more provisions of this Agreement are nevertheless held to be prohibited, invalid or unenforceable under applicable lawLaw, such provision will be effective to the fullest extent possible excluding the terms affected by such prohibition, invalidity or unenforceability, without invalidating the remainder of such provision or the remaining provisions of this Agreement. If the prohibition, invalidity or unenforceability referred to in the prior sentence requires such provision to be excluded from this Agreement in its entirety, the balance of the Agreement will be interpreted as if such provision were so excluded and will be enforceable in accordance with its terms.
Appears in 12 contracts
Samples: Merger Agreement and Plan of Reorganization (eXegenics Inc), Agreement and Plan of Merger (Bonfire Productions, Inc.), Agreement and Plan of Merger (Interlink Plus, Inc.)
Enforceability; Severability. The parties hereto agree that each provision of this Agreement will shall be interpreted in such a manner as to be effective and valid under applicable law. If one or more provisions any provision of this Agreement are nevertheless shall nonetheless be held to be prohibited, prohibited by or invalid or unenforceable under applicable law, such provision will shall be effective only to the fullest extent possible excluding the terms affected by of such prohibition, invalidity prohibition or unenforceabilityinvalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. If the prohibition, invalidity or unenforceability referred to in the prior sentence requires such provision to be excluded from this Agreement in its entirety, the balance of the Agreement will be interpreted as if such provision were so excluded and will be enforceable in accordance with its terms.
Appears in 9 contracts
Samples: Registration Rights Agreement (Accentia Biopharmaceuticals Inc), Investor Rights Agreement (Montage Technology Group LTD), Registration Rights Agreement (Accentia Biopharmaceuticals Inc)
Enforceability; Severability. The parties Parties hereto agree that each provision of this Agreement will be interpreted in such a manner as to be effective and valid under applicable lawLaw. If one or more provisions of this Agreement are nevertheless held to be prohibited, invalid or unenforceable under applicable lawLaw, such provision will be effective to the fullest extent possible excluding the terms affected by such prohibition, invalidity or unenforceability, without invalidating the remainder of such provision or the remaining provisions of this Agreement. If the prohibition, invalidity or unenforceability referred to in the prior sentence requires such provision to be excluded from this Agreement in its entirety, the balance of the Agreement will be interpreted as if such provision were so excluded and will be enforceable in accordance with its terms.
Appears in 1 contract
