Common use of Challenges to Validity Clause in Contracts

Challenges to Validity. Should ▇▇▇▇▇▇ attempt to challenge the enforceability of this Release, ▇▇▇▇▇▇ agrees first (1) to deliver a certified check to NWEC for all amounts he has received because he signed this Release (2) to direct in writing that all future benefits or payments ▇▇▇▇▇▇ is to receive because he signed this Release be suspended, and (3) to invite NWEC to cancel this Release. If NWEC accepts ▇▇▇▇▇▇’▇ offer, this Release will be canceled. If it rejects ▇▇▇▇▇▇’▇ offer, NWEC will notify ▇▇▇▇▇▇ and deposit the amount ▇▇▇▇▇▇ repaid, plus all suspended future benefits and payments, in an interest-bearing account pending a determination of the enforceability of this Release. If the Release is determined to be enforceable, NWEC is to pay ▇▇▇▇▇▇ the amount in the account, less any amounts ▇▇▇▇▇▇ owes NWEC. If the Release is determined to be unenforceable, the amount credited to the account shall be paid to the entities that paid the consideration for this Release in proportion to their payments, and the suspension of future benefits or payments shall become permanent.

Challenges to Validity. Should ▇▇▇▇▇▇ attempt to challenge the enforceability of Section 3 of this Release, ▇▇▇▇▇▇ agrees first (1) to deliver a certified check to NWEC for all amounts he has received because he signed this Release (2) to direct in writing that all future benefits or payments ▇▇▇▇▇▇ is to receive because he signed this Release be suspended, and (3) to invite NWEC to cancel this Release. If NWEC accepts ▇▇▇▇▇▇’'▇ offer, this Release will be canceled. If it rejects ▇▇▇▇▇▇’'▇ offer, NWEC will notify ▇▇▇▇▇▇ and deposit the amount ▇▇▇▇▇▇ repaid, plus all suspended future benefits and payments, in an interest-bearing account pending a determination of the enforceability of this Release. If the Release is determined to be enforceable, NWEC is to pay ▇▇▇▇▇▇ the amount in the account, less any amounts ▇▇▇▇▇▇ owes NWEC. If the Release is determined to be unenforceable, the amount credited to the account shall be paid to the entities that paid the consideration for this Release in proportion to their payments, and the suspension of future benefits or payments shall become permanent.

Challenges to Validity. Should ▇S▇▇▇▇▇ attempt to challenge the enforceability of this Release, ▇S▇▇▇▇▇ agrees first (1) to deliver a certified check to NWEC for all amounts he has received because he signed this Release (2) to direct in writing that all future benefits or payments ▇S▇▇▇▇▇ is to receive because he signed this Release be suspended, and (3) to invite NWEC to cancel this Release. If NWEC accepts ▇S▇▇▇▇▇’▇ offer, this Release will be canceled. If it rejects ▇S▇▇▇▇▇’▇ offer, NWEC will notify ▇S▇▇▇▇▇ and deposit the amount ▇S▇▇▇▇▇ repaid, plus all suspended future benefits and payments, in an interest-bearing account pending a determination of the enforceability of this Release. If the Release is determined to be enforceable, NWEC is to pay ▇S▇▇▇▇▇ the amount in the account, less any amounts ▇S▇▇▇▇▇ owes NWEC. If the Release is determined to be unenforceable, the amount credited to the account shall be paid to the entities that paid the consideration for this Release in proportion to their payments, and the suspension of future benefits or payments shall become permanent.