Common use of Modification and Severability Clause in Contracts

Modification and Severability. The provisions of this Option will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of any other provision hereof. To the fullest extent permitted by law, if any provision of this Option, or the application thereof to any Person or circumstance, is invalid or unenforceable (a) a suitable and equitable provision will be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Option and the application of such provision to other Persons, entities or circumstances will not be affected by such invalidity or unenforceability.

Appears in 4 contracts

Sources: Option Agreement (Corporate Resource Services, Inc.), Option Agreement (Corporate Resource Services, Inc.), Option Agreement (Corporate Resource Services, Inc.)

Modification and Severability. The provisions of this Option Warrant will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of any other provision hereof. To the fullest extent permitted by law, if any provision of this OptionWarrant, or the application thereof to any Person or circumstance, is invalid or unenforceable unenforceable, (a) a suitable and equitable provision will be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision provision, and (b) the remainder of this Option Warrant and the application of such provision to other Persons, entities or circumstances will not be affected by such invalidity or unenforceability.

Appears in 4 contracts

Sources: Merger Agreement (CorMedix Inc.), Warrant Agreement (NanoString Technologies Inc), Warrant Agreement (NanoString Technologies Inc)

Modification and Severability. The provisions of this Option will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or 6 enforceability of any other provision hereof. To the fullest extent permitted by law, if any provision of this Option, or the application thereof to any Person or circumstance, is invalid or unenforceable (a) a suitable and equitable provision will be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Option and the application of such provision to other Persons, entities or circumstances will not be affected by such invalidity or unenforceability.

Appears in 2 contracts

Sources: Option Agreement (Corporate Resource Services, Inc.), Option Agreement (Corporate Resource Services, Inc.)

Modification and Severability. The provisions of this Option Warrant will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of any other provision hereof. To the fullest extent permitted by law, if any provision of this OptionWarrant, or the application thereof to any Person or circumstance, is invalid or unenforceable (a) a suitable and equitable provision will be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Option Warrant and the application of such provision to other Persons, entities or circumstances will not be affected by such invalidity or unenforceability.

Appears in 2 contracts

Sources: Investment Agreement (Expedia Group, Inc.), Investment Agreement (Expedia Group, Inc.)

Modification and Severability. The provisions of this Option Warrant will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of any other provision hereof. To the fullest extent permitted by law, if any provision of this OptionWarrant, or the application thereof to any Person person or circumstance, is invalid or unenforceable (a) a suitable and equitable provision will be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Option Warrant and the application of such provision to other Personspersons, entities or circumstances will not be affected by such invalidity or unenforceability.

Appears in 1 contract

Sources: Investment Agreement (Envestnet, Inc.)