Common use of Severance and Validity Clause in Contracts

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision shall be deemed to be severed from this Agreement and the parties shall replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 2 contracts

Sources: Shareholder Agreement (Hutchison Whampoa LTD /Wav), Shareholders' Agreement (Orascom Telecom Holding S.A.E.)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision shall be deemed to be severed from this Agreement and the parties Parties shall use their best efforts to replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 2 contracts

Sources: Share Purchase Agreement (Research Pharmaceutical Services, Inc.), Share Purchase Agreement (Research Pharmaceutical Services, Inc.)

Severance and Validity. If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision shall be deemed to be severed from this Agreement and the parties Parties shall replace such provision with one having an effect as close as possible to the deficient provision. The remaining provisions will remain in full force in that jurisdiction and all provisions will continue in full force in any other jurisdiction.

Appears in 1 contract

Sources: Share Purchase Agreement (Nord Anglia Education, Inc.)