Common use of Severability and Reformation Clause in Contracts

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be revised by such court to be a valid or enforceable provision that comes as close as permitted by Law to the Parties’ original intent.

Appears in 14 contracts

Samples: Exclusive License Agreement (Heart Test Laboratories, Inc.), Exclusive License Agreement (Heart Test Laboratories, Inc.), Exclusive License Agreement (Heart Test Laboratories, Inc.)

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Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be automatically revised by such court to be a valid or enforceable provision that comes as close as permitted by Law to the Parties’ original intent.

Appears in 5 contracts

Samples: License Agreement (Omega Therapeutics, Inc.), Exclusive License Agreement (Monogram Orthopaedics Inc), Exclusive License Agreement (Monogram Orthopaedics Inc)

Severability and Reformation. If any provision or any portion of any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdictionunenforceable, then the remaining provisions of this Agreement will remain in full force Parties hereto expressly agree and effect. Such invalid or unenforceable provision will be revised by such authorize the court to be a modify or sever such provision or portion thereof so as to render such provision valid or and enforceable provision that comes as close as permitted by Law to the Parties’ original intentmaximum extent lawfully permissible.

Appears in 5 contracts

Samples: Employment Agreement (FGL Holdings), Employment Agreement (F&G Annuities & Life, Inc.), Employment Agreement (F&G Annuities & Life, Inc.)

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be automatically revised by such court to be a valid or enforceable provision that comes as close as permitted by Law law to the Parties’ parties' original intent.

Appears in 5 contracts

Samples: Non Exclusive License Agreement (Rosetta Genomics Ltd.), Non Exclusive License Agreement (Rosetta Genomics Ltd.), Rockefeller University (Rosetta Genomics Ltd.)

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be automatically revised by such court to be a valid or enforceable provision that comes as close as permitted by Law law to the Partiesparties’ original intent.

Appears in 3 contracts

Samples: Rockefeller University (Rosetta Genomics Ltd.), Rockefeller University (Rosetta Genomics Ltd.), Rockefeller University (CONTRAFECT Corp)

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be revised by such court to be a valid or enforceable provision that comes as close as permitted by Law law to the Partiesparties’ original intent.

Appears in 2 contracts

Samples: Registration Rights Agreement (Sorrento Therapeutics, Inc.), Stock Purchase Agreement (Sorrento Therapeutics, Inc.)

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will be automatically revised by such court to be a valid or enforceable provision that comes as close as permitted by Law law to the Parties’ parties original intent.

Appears in 2 contracts

Samples: License Agreement (eXegenics Inc), License Agreement (eXegenics Inc)

Severability and Reformation. If any provision of this Agreement is shall be held to be invalid or unenforceable by a court of competent jurisdictionunder any applicable law, then the remaining provisions such invalidity shall not affect any other provision of this Agreement will remain in full force that can be given an effect without the invalid provision. Further, all terms and effect. Such invalid or unenforceable provision will conditions of this Agreement shall be revised by such court to be a valid or deemed enforceable provision that comes as close as permitted by Law to the Parties’ original intentfullest extent permissible under applicable law, and, when necessary, the court is requested to reform any terms or conditions necessary to give them such effect.

Appears in 2 contracts

Samples: 21 Dealer Agreement (Lets Talk Cellular & Wireless Inc), Dealer Agreement (Lets Talk Cellular & Wireless Inc)

Severability and Reformation. If any provision Any provisions or parts of this Agreement is Contract held to be invalid or unenforceable by a court of competent jurisdiction, then the under law shall be deemed to be stricken and all remaining provisions of this Agreement will remain shall continue to be valid, binding and in full force and effecteffect upon the parties. Such invalid or unenforceable The parties agree that if any provision is unenforceable, for any reason whatsoever, that such provision will be revised by such court to be a valid or enforceable provision that comes as close as permitted by Law appropriately reformed and given effect to the Parties’ original intentextent that it may be enforceable.

Appears in 1 contract

Samples: Professional Services Contract Between

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Severability and Reformation. If Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid invalid, illegal, or unenforceable by a court of competent in any respect under any applicable law or rule in any jurisdiction, then the remaining provisions of such invalidity, illegality, or unenforceability will not affect any other provision or any other jurisdiction, but this Agreement will remain in full force be reformed, construed, and effect. Such invalid enforced as if such invalid, illegal, or unenforceable provision will be revised by such court to be a valid or enforceable provision that comes as close as permitted by Law to the Parties’ original intentprovisions had never been contained herein.

Appears in 1 contract

Samples: Executive Employment Agreement (INTREorg SYSTEMS INC.)

Severability and Reformation. If any provision or any portion of any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdictionunenforceable, then the remaining provisions of this Agreement will remain in full force parties hereto expressly agree and effect. Such invalid or unenforceable provision will be revised by such authorize the court to be a modify or sever such provision or portion thereof so as to render such provision valid or and enforceable provision that comes as close as permitted by Law to the Parties’ original intentmaximum extent lawfully permissible.

Appears in 1 contract

Samples: Severance Agreement and Release (FGL Holdings)

Severability and Reformation. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions of this Agreement will remain in full force and effect. Such invalid or unenforceable provision will shall be revised by such court to be a valid or enforceable provision that comes as close as permitted by Law law to the Partiesparties’ original intent.

Appears in 1 contract

Samples: License and Collaboration Agreement (Renalytix AI PLC)

Severability and Reformation. If any Any provision or part thereof of this Agreement is held to be invalid void or unenforceable by a court of competent jurisdictionunder any law shall be deemed stricken, then the and all remaining provisions of shall continue to be valid and binding upon the parties. The parties agree that this Agreement will remain in full force and effect. Such invalid shall be reformed to replace such stricken provision or unenforceable provision will be revised by such court to be part thereof with a valid or and enforceable provision that which comes as close as permitted by Law possible to expressing the Parties’ original intentintention of the stricken provision.

Appears in 1 contract

Samples: Agreement for Professional Services

Severability and Reformation. If If, despite the foregoing, any provision of this Agreement is held to be invalid by an arbitral tribunal or unenforceable by a court of competent jurisdictionjurisdiction to be contrary to applicable law, then invalid, or unenforceable for any reason, the remaining provisions of this Agreement will shall remain in full force and effect. Such invalid To the extent permissible under applicable law without invalidating the Agreement, the illegal, invalid, or unenforceable provision will shall be revised by such court construed instead to be a valid or enforceable provision provide that comes as close as permitted by Law to which is most fair and equitable between the Parties’ original intentParties under the circumstances and is legal, valid, and enforceable.

Appears in 1 contract

Samples: Confidentiality Agreement (Popeyes Louisiana Kitchen, Inc.)

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