Common use of Rights; Separability Clause in Contracts

Rights; Separability. Unless otherwise expressly provided herein, a party’s rights hereunder are several rights, not rights jointly held with any of the other parties hereto. If any provision of this Agreement is held by a court of law to be illegal, invalid or unenforceable, (i) that provision shall be deemed amended to achieve as nearly as possible the same economic effect as the original provision, and (ii) the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby to the maximum extent permitted by law.

Appears in 1 contract

Sources: Stockholders' Agreement (Icagen Inc)

Rights; Separability. Unless otherwise expressly provided herein, a party’s rights hereunder are several rights, not rights jointly held with any of the other parties heretoparties. If In case any provision of this Agreement is held by a court of law to shall be illegalinvalid, invalid illegal or unenforceable, (i) that provision shall be deemed amended to achieve as nearly as possible the same economic effect as the original provisionvalidity, and (ii) the legality, validity legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby to the maximum extent permitted by lawthereby.

Appears in 1 contract

Sources: Registration Rights Agreement (Reata Pharmaceuticals Inc)

Rights; Separability. Unless otherwise expressly provided herein, a party’s 's rights hereunder are several rights, not rights jointly held with any of the other parties heretoparties. If In case any provision of this Agreement is held by a court of law to shall be illegalinvalid, invalid illegal or unenforceable, (i) that provision shall be deemed amended to achieve as nearly as possible the same economic effect as the original provisionvalidity, and (ii) the legality, validity legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby to the maximum extent permitted by lawthereby.

Appears in 1 contract

Sources: Registration Rights Agreement (Refocus Group Inc)