Common use of Severability; Reformation Clause in Contracts

Severability; 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 to be a valid or enforceable provision that comes as close as permitted by law to the parties’ original intent.

Appears in 35 contracts

Samples: Patent License Agreement (BullFrog AI Holdings, Inc.), Patent License Agreement (BullFrog AI Holdings, Inc.), Intellectual Property License Agreement (Rain Therapeutics Inc.)

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Severability; 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 to be a valid or enforceable provision that comes as close as permitted by law to the partiesParties’ original intent.

Appears in 8 contracts

Samples: Patent Sublicense Agreement, Patent Sublicense Agreement (BioNTech SE), Patent Sublicense Agreement (BioNTech SE)

Severability; 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 to be a valid or enforceable provision that comes as close as permitted by law to the parties' original intent.

Appears in 2 contracts

Samples: License Agreement (La Jolla Pharmaceutical Co), Patent License Agreement (Protea Biosciences Group, Inc.)

Severability; 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 to be a valid or enforceable provision that comes as close as permitted by law to the parties’ original intent.. Xxxx X. Xxxxx M.D. LDN Research Group LLC TNI BioTech Inc.

Appears in 1 contract

Samples: Patent License Agreement (Tni Biotech, Inc.)

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Severability; Reformation. If The invalidity or unenforceability of 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 shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. Such invalid or unenforceable Each term and provision will of this Agreement shall be automatically revised valid and enforceable to be a valid or enforceable provision that comes as close as the fullest extent permitted by law and any invalid, illegal or unenforceable term or provision shall be deemed replaced by a term or provision that is valid and enforceable and that comes closest to expressing the parties’ original intentintention of the invalid, illegal or unenforceable term or provision.

Appears in 1 contract

Samples: Confidentiality Agreement

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