Common use of Partial Invalidity and Severability Clause in Contracts

Partial Invalidity and Severability. All rights and restrictions contained herein may be exercised and will be applicable and binding only to the extent that they do not violate any applicable laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will be held to be illegal, invalid or unenforceable by a court of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this Agreement will be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision.

Appears in 1 contract

Samples: Master Assumption Agreement (NorthWestern Energy Group, Inc.)

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Partial Invalidity and Severability. All rights and ----------------------------------- restrictions contained herein may be exercised and will shall be applicable and binding only to the extent that they do not violate any applicable laws Laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will shall be held to be illegal, invalid or unenforceable by a court of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will shall constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will shall remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this Agreement will shall be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision.

Appears in 1 contract

Samples: Agreement for Purchase And (New Pameco Georgia Corp)

Partial Invalidity and Severability. All rights and restrictions contained herein may be exercised and will shall be applicable and binding only to the extent that they do not violate any applicable laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereofhereof, not essential to the commercial purpose of this Agreement will shall be held to be illegal, invalid or unenforceable by a court forum of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will thereof, shall constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will shall remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this Agreement will shall be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision.

Appears in 1 contract

Samples: Redemption and Purchase Agreement (Banctec Inc)

Partial Invalidity and Severability. All rights and restrictions ----------------------------------- contained herein may be exercised and will be are applicable and binding only to the extent that they do not violate any applicable laws Laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will be is held to be illegal, invalid or unenforceable by a court Forum of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will thereof, constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this Agreement will be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision.

Appears in 1 contract

Samples: Site Maintenance Agreement (Crown Castle International Corp)

Partial Invalidity and Severability. All rights and restrictions contained herein may be exercised and will shall be applicable and binding only to the extent that they do not violate any applicable laws Laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will shall be held to be illegal, invalid or unenforceable by a court of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will thereof, shall constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will shall remain in full force and effect. To the extent legally permissible, The parties agree to replace any illegal, invalid or unenforceable provision of this Agreement will be replaced by and execute an amendment to this Agreement containing a Asset and Stock Transfer Agreement Page | 13 valid provision provision, which will implement the commercial purpose of the illegal, invalid or unenforceable provision.. 10.8 Waiver10.3

Appears in 1 contract

Samples: Stock Purchase Agreement (Greenland Corp)

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Partial Invalidity and Severability. All rights and restrictions contained herein may be exercised and will shall be applicable and binding only to the extent that they do not violate any applicable laws Laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will shall be held to be illegal, invalid or unenforceable by a court of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will thereof, shall constitute their agreement with respect to the subject matter hereof and all such remaining terms, or parts thereof, will shall remain in full force and effect. To the extent legally 18 <PAGE> permissible, any illegal, invalid or unenforceable provision of this Agreement will shall be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision provision, which will implement the commercial purpose of the illegal, invalid or unenforceable provision.. 12.6

Appears in 1 contract

Samples: Stock Purchase Agreement

Partial Invalidity and Severability. All rights and restrictions ----------------------------------- contained herein may be exercised and will shall be applicable and binding only to the extent that they do not violate any applicable laws Laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, or part thereof, not essential to the commercial purpose of this Agreement will shall be held to be illegal, invalid or unenforceable by a court of competent jurisdiction, it is the intention of the parties that the remaining terms hereof, or part thereof will thereof, shall constitute their agreement with respect to the subject matter hereof hereof, and all such remaining terms, or parts thereof, will shall remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this Agreement will shall be replaced by a Asset and Stock Transfer Agreement Page | 13 valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision.

Appears in 1 contract

Samples: Acquisition Agreement by and Among (Innotrac Corp)

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