Common use of Severability Clause in Contracts

Severability. If any provision or provisions of this Agreement shall be held to be in whole or in part invalid, illegal or unenforceable in any jurisdiction, or if any governmental agency or authority shall require the parties to delete any provision of this Agreement, such invalidity, unenforceability or deletion shall not impair or affect the remaining provisions of this Agreement. The parties shall endeavor, in good faith negotiations, to replace valid provisions the economic effect of which comes as close as legally possible to that of the invalid, illegal, unenforceable or deleted provision.