Common use of Void Provisions Clause in Contracts

Void Provisions. If any provision of this Agreement is found by a court or tribunal of competent jurisdiction to be partially or wholly invalid or unenforceable, the remainder of this Agreement will be enforceable and binding on the parties, and the invalid or unenforceable provision will be modified or restricted to the extent and in the manner necessary to render the same valid and enforceable. If such provision cannot under any circumstance be so modified or restricted, it will be excised from this Agreement without affecting the validity or enforceability of any of the remaining provisions. The parties agree that any such modification, restriction or excision may be accomplished by their mutual written agreement, or alternatively, by disposition of a court or other tribunal.

Appears in 7 contracts

Samples: Confidential Employment Agreement (Santander Consumer USA Holdings Inc.), Confidential Employment Agreement (Santander Consumer USA Holdings Inc.), Confidential Employment Agreement (Santander Consumer USA Holdings Inc.)

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Void Provisions. If any provision of this Agreement is found by an arbitrator, a court or other tribunal of competent jurisdiction to be partially or wholly invalid or unenforceable, the remainder of this Agreement will be enforceable and binding on the parties, and the invalid or unenforceable provision will be modified or restricted to the extent and in the manner necessary to render the same valid and enforceable. If such provision cannot under any circumstance be so modified or restricted, it will be excised from this Agreement without affecting the validity or enforceability of any of the remaining provisions. The parties agree that any such modification, restriction or excision may be accomplished by their mutual written agreement, or alternatively, by disposition of a court or other tribunal.

Appears in 2 contracts

Samples: Separation Agreement and Release and Waiver of Claims (Santander Consumer USA Holdings Inc.), Release and Waiver of Claims (Santander Consumer USA Holdings Inc.)

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