SEVERABILIT Y Sample Clauses
The severability clause ensures that if any part of a contract is found to be invalid or unenforceable, the remainder of the agreement remains effective and binding. In practice, this means that if a court strikes down a specific provision, the rest of the contract continues to operate as intended, without being voided entirely. This clause is essential for maintaining the integrity of the agreement, as it prevents the failure of one section from undermining the whole contract, thereby ensuring that the parties’ intentions are largely preserved even if legal issues arise with individual terms.
SEVERABILIT Y. If any provision of this Agreement shall be construed to be illegal or invalid, it shall not affect the legality or validity of any of the other provisions hereof, and the illegal or invalid provisions shall be deemed stricken and deleted hereof to the same extent and effect as if never incorporated herein, but all other provisions hereof shall continue.
SEVERABILIT Y. If any part of this Scheme is invalid, ruled illegal by any court of competent jurisdiction, or unenforceable under present or future laws, then it is the intention of the Parties that such part shall be severable from the remainder of this Scheme and this Scheme shall not be affected thereby, unless the deletion of such part shall cause this Scheme to become materially adverse to any party, in which case the Transferor Company and the Transferee Company (acting through their respective Boards of Directors) shall attempt to bring about appropriate modification to this Scheme, as will best preserve for the Parties, the benefits and obligations of this Scheme, including but not limited to such part.
SEVERABILIT Y. If any provision (or portion thereof) of this Agreement is declared by an arbitrator or court of competent jurisdiction to be invalid or unenforceable, the remaining provisions (including other portions of a provision having an invalid portion) shall remain in full force and effect and, to the extent possible, the disputed provision shall be construed so that it may be valid and enforceable.
SEVERABILIT Y. If any provision of this Agreement shall be determined to be void or unenforceable under the Act or the Rules and Regulations made thereunder or under other applicable laws, such provisions of the Agreement shall be deemed amended or deleted in so far as reasonably inconsistent with the purpose of this Agreement and to the extent necessary to conform to Act or the Rules and Regulations made thereunder or the applicable law, as the case may be, and the remaining provisions of this Agreement shall remain valid and enforceable as applicable at the time of execution of this Agreement.
SEVERABILIT Y. In the event any provision of this Second Amendment to Loan Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforce able any other provision hereof.
SEVERABILIT Y. If any part of this Agreement is deemed to be unenforceable, the balance of the Agreement will remain in full force and effect.