Common use of Reform Clause in Contracts

Reform. Should any provision of this Agreement be deemed invalid or unenforceable as contrary to applicable law, the parties hereto agree that such provision shall automatically be deemed to be reformed as to be consistent with applicable law.

Appears in 2 contracts

Sources: Loan Participation Sale Agreement (Sirva Inc), Loan Participation Sale Agreement (Crescent Banking Co)

Reform. Should any provision of this Agreement be deemed invalid or unenforceable as contrary to applicable law, the parties hereto agree that such provision shall automatically be deemed to be reformed as to be consistent with applicable law.. [Signatures follow on next page]

Appears in 1 contract

Sources: Loan Participation Sale Agreement