Common use of Invalidity, Etc Clause in Contracts

Invalidity, Etc. If any term or other provision of this Agreement ---------------- is invalid, illegal or incapable of being enforced by any rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner.

Appears in 6 contracts

Samples: Stock Election Agreement (Citation Corp /Al/), Stock Election Agreement (Citation Corp /Al/), Stock Election Agreement (Citation Corp /Al/)

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Invalidity, Etc. If any term or other provision of this ---------------- Agreement ---------------- is invalid, illegal or incapable of being enforced by any rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner.

Appears in 1 contract

Samples: Amended Stock Election Agreement (Citation Corp /Al/)

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