Common use of Invalidity of Part of Agreement Clause in Contracts

Invalidity of Part of Agreement. 1. It is understood and agreed that, if any provision of this Agreement, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Agreement, or the application of such provision to other persons or circumstances, shall not be affected thereby, but shall separately and severally continue in full force and effect. With respect to any provision held invalid, the parties shall meet for the purpose of agreeing upon a substitute provision.

Appears in 2 contracts

Samples: Agreement, Agreement

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Invalidity of Part of Agreement. 1. 39.1 It is understood and agreed that, if any provision of this Agreement, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Agreement, or the application of such provision to other persons or circumstances, shall not be affected thereby, but shall separately and severally continue in full force and effect. With respect to any provision held invalid, the parties shall meet for the purpose of agreeing upon a substitute provision.

Appears in 1 contract

Samples: Agreement

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Invalidity of Part of Agreement. 1. It is understood and agreed that, if any provision of this Agreement, or the application of such provision to any person or circumstancescircumstance, shall be held invalid, the remainder of this Agreement, or the application of such provision to other persons or circumstances, shall not be affected thereby, but shall separately and severally continue in full force and effect. With respect to any provision held invalid, the parties shall meet for the purpose of agreeing upon a substitute provision.

Appears in 1 contract

Samples: Agreement

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