Common use of Severability and Renegotiation Clause in Contracts

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portions, and the remaining portions shall remain in force and effect as if this Agreement had been executed without the invalid portion. If any provision of this Agreement is so declared invalid or unenforceable, the PARTIES shall promptly negotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly as possible to its original intent and effect.

Appears in 7 contracts

Samples: Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement

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Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by a final and unappealable nonappealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portionsprovisions, and the remaining portions provisions shall remain in force and effect as if this Agreement had been executed without the invalid portionprovision. If In the event any term or provision of this Agreement is so declared invalid or unenforceable, the PARTIES Parties shall promptly negotiate renegotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly as possible to its original intent and effectintent.

Appears in 2 contracts

Samples: Shared Facilities Agreement, Shared Facilities Agreement

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable nonappealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portions, and the remaining portions shall remain in force and effect as if this Agreement had been executed without the invalid portion. If In the event any provision of this Agreement is so declared invalid or unenforceableinvalid, the PARTIES Parties shall promptly negotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and renegotiate to restore this Agreement as nearly near as possible to its original intent and effect.

Appears in 1 contract

Samples: Tolling Agreement

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable order of any court or regulatory body having jurisdictionjurisdiction thereover, such decision shall not affect the validity of the remaining portions, and the which remaining portions shall remain in force and effect as if this Agreement had been executed without with the invalid portionportion thereof eliminated. If In the event any such provision of this Agreement is so declared invalid or unenforceableinvalid, the PARTIES Parties shall promptly negotiate renegotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly as possible to its original intent and effect.

Appears in 1 contract

Samples: Operating Agreement (Ecoscience Corp/De)

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable order of any court or regulatory body having jurisdictionjurisdiction there over, such decision shall not affect the validity of the remaining portions, and the which remaining portions shall remain in force and effect as if this Agreement had been executed without with the invalid portionportion thereof eliminated. If In the event any such provision of this Agreement is so declared invalid or unenforceableinvalid, the PARTIES Parties shall promptly negotiate renegotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly near as possible to its original intent and effect.

Appears in 1 contract

Samples: Product Supply Agreement (Sunoco Inc)

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable order of any court or regulatory body having jurisdictionjurisdiction thereover, such decision shall not affect the validity of the remaining portions, and the which remaining portions shall remain in force and effect as if this Agreement had been executed without with the invalid portionportion thereof eliminated. If In the event any such provision of this Agreement is so declared invalid or unenforceableinvalid, the PARTIES Parties shall promptly negotiate renegotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly near as possible to its original intent and effect.

Appears in 1 contract

Samples: Supply and Services Agreement (Simba Group Inc)

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Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by a final and unappealable non-appealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portionsprovisions, and the remaining portions provisions shall remain in force and effect as if this Agreement had been executed without the invalid portionprovision. If In the event any term or provision of this Agreement is so declared invalid or unenforceable, the PARTIES Parties shall promptly negotiate renegotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and to restore this Agreement as nearly as possible to its original intent and effect.intent

Appears in 1 contract

Samples: Biogas Project Agreement

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable non-appealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portions, and the remaining portions shall remain in full force and effect as if this Agreement had been executed without the invalid portion. If In the event any provision of this Agreement is so declared invalid or unenforceableinvalid, the PARTIES parties shall promptly negotiate in good faith to frame new provisions to eliminate such invalidity or unenforceability and renegotiate to restore this Agreement as nearly Agreements near as possible to its original intent and effect.

Appears in 1 contract

Samples: Energy and Operating Capacity Purchase Agreement (Lg&e Energy Corp)

Severability and Renegotiation. Should any provision of this Agreement for any reason be declared invalid or unenforceable by final and unappealable non- appealable order of any court or regulatory body having jurisdiction, such decision shall not affect the validity of the remaining portions, and the remaining portions shall remain in force and effect as if this Agreement had been executed without the invalid or unenforceable portion. If In the event any provision of this Agreement is so declared invalid or unenforceable, the PARTIES Parties shall promptly negotiate in good faith to frame a new provisions provisions) to eliminate such the invalidity or unenforceability unenforceable provision and to restore this Agreement as nearly near as possible to its original intent and effect.

Appears in 1 contract

Samples: Transportation and Supply Agreement (Panda Interfunding Corp)

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