Common use of Enforceability; Severability Clause in Contracts

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 7 contracts

Samples: Investors’ Rights Agreement (Kranem Corp), Governance Agreement (ZBB Energy Corp), Governance Agreement (Solar Power, Inc.)

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Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement Agreement, so as to make effective and enforceable the intent of this Agreement.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Sino Gas International Holdings, Inc.), Voting Agreement (FriendFinder Networks Inc.), Voting Agreement (Sino Gas International Holdings, Inc.)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision one or more provisions of this Agreement shall nevertheless be are held to be prohibited by or invalid unenforceable under applicable law, (a) such provision shall be invalid ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to balance of the extent permissible by applicable law, amend this Agreement shall be interpreted as if such provision were so as to make effective modified and shall be enforceable the intent of this Agreementin accordance with its terms.

Appears in 3 contracts

Samples: Secured Note and Warrant Purchase Agreement (Skye Bioscience, Inc.), Independent Contractor Services Agreement (Adicet Bio, Inc.), Independent Contractor Services Agreement (resTORbio, Inc.)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless nonetheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 3 contracts

Samples: Investor Rights Agreement (Harolds Stores Inc), Investor Rights Agreement (Casey Rebecca Powell), Investor Rights Agreement (Inter Him Nv)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective effective, valid and valid enforceable to the fullest extent permitted under applicable law. If any provision of this Agreement shall nevertheless nonetheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 2 contracts

Samples: Investor Rights Agreement (Canadian Imperial Bank of Commerce /Can/), Investor Rights Agreement (Global Payments Inc)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision one or more provisions of this Agreement shall nevertheless be are held to be prohibited by or invalid unenforceable under applicable law, (a) the parties agree to renegotiate such provision in good faith. In the event that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend excluded from this Agreement so as to make effective and the balance of the Agreement shall be enforceable the intent of this Agreementin accordance with its terms.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Broadway Financial Corp \De\), Securities Purchase Agreement (Hot Creek Capital LLC)

Enforceability; Severability. The parties hereto agree that each --------------------------- provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement Agreement, so as to make effective and enforceable the intent of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (Top Tier Software Inc), Voting Agreement (Top Tier Software Inc)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, Agreement and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Overland Storage Inc), Voting Agreement (Overland Storage Inc)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless nonetheless be held to be prohibited by or invalid or unenforceable under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidityinvalidity or lack of enforceability, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shallsuch provision shall be reformed and construed so that it will be legal, valid, and enforceable to the maximum extent permissible permitted by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Monolithic Power Systems Inc)

Enforceability; Severability. The parties Parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable lawLaws. If any provision of this Agreement shall nevertheless nonetheless be held to be prohibited by or invalid under applicable lawLaws, (a) such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreementshall remain effective.

Appears in 1 contract

Samples: Shareholders Agreement (Ximalaya Inc.)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Edutrades, Inc.)

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Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Lyft, Inc.)

Enforceability; Severability. The parties hereto agree that each --------------------------- provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Cypress Financial Services Inc)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement Agreement, or enter into such other documents so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement (Spring Creek Acquisition Corp.)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement Agreement, so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Rockford Corp)

Enforceability; Severability. The parties hereto agree that each --------------------------- provision of this Agreement shall be interpreted in such a manner as to be effective effective, valid and valid enforceable to the fullest extent permitted under applicable law. If any provision of this Agreement shall nevertheless nonetheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Investor Rights Agreement (Global Payments Inc)

Enforceability; Severability. The parties hereto agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nevertheless be held to be prohibited by or invalid under applicable law, (a) such provision shall be invalid effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and (b) the parties shall, to the extent permissible by applicable law, amend this Agreement so as to make effective and enforceable the intent of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Friedman Billings Ramsey Group Inc)

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