Common use of Invalid Terms Clause in Contracts

Invalid Terms. 37.1 Each of the provisions of this agreement is severable. 37.2 If and to the extent that any provision of this agreement: (a) is held to be, or becomes, invalid or unenforceable under the law of any jurisdiction; but (b) would be valid, binding and enforceable if some part of the provision were deleted or amended, then the provision shall apply with the minimum modifications necessary to make it valid, binding and enforceable and neither the validity or enforceability of the remaining provisions of this agreement, nor the validity or enforceability of that provision under the law of any other jurisdiction shall in any way be affected or impaired as a result of this clause 37.2.

Appears in 3 contracts

Sources: Contribution and Framework Agreement, Contribution and Framework Agreement (VEON Ltd.), Contribution and Framework Agreement (VimpelCom Ltd.)

Invalid Terms. 37.1 19.1 Each of the provisions of this agreement Agreement is severable. 37.2 19.2 If and to the extent that any provision of this agreementAgreement: (a) is held to be, or becomes, invalid or unenforceable under the law Law of any jurisdiction; but (b) would be valid, binding and enforceable if some part of the provision were deleted or amended, then the provision shall apply with the minimum modifications necessary to make it valid, binding and enforceable and neither the validity or enforceability of the remaining provisions of this agreementAgreement, nor the validity or enforceability of that provision under the law Law of any other jurisdiction jurisdiction, shall in any way be affected or impaired as a result of this clause 37.2Clause 19.2.

Appears in 1 contract

Sources: Share Swap Agreement (Optimal AI LTD)