Illegality and Unenforceability Sample Clauses
The Illegality and Unenforceability clause defines how a contract or specific provisions within it are treated if they are found to be illegal or unenforceable under applicable law. Typically, this clause states that any such invalid provision will be severed or modified to the extent necessary to make it legal and enforceable, while the remainder of the contract remains in effect. For example, if a particular obligation is prohibited by law, only that part is disregarded, not the entire agreement. The core function of this clause is to preserve the validity and enforceability of the rest of the contract, minimizing disruption and legal uncertainty if one part is invalidated.
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Illegality and Unenforceability. If any term or provision in this Agreement shall in whole or part be held to any extent to be illegal or unenforceable under any enactment or rule of law that term or provision or part shall to that extent be deemed not to form part of this Agreement and the enforceability of the remainder of this Agreement shall not be affected.
Illegality and Unenforceability. In the event a term or condition of this Agreement is found by a competent court or arbitration tribunal to be invalid or unenforceable, the parties hereto shall use their reasonable good faith efforts to preserve the intent of this Agreement by substituting a reasonably comparable term or condition for the benefit of the part to whose advantage the invalid or unenforceable condition operated or was intended to operate.
Illegality and Unenforceability. The invalidity, illegality or unenforceability of any provision of this Agreement shall in no way affect the validity, legality or enforceability of any other provision; and if any provision is held to be enforceable as a matter of law, the other provisions shall not be affected thereby and shall remain in full force and effect.
Illegality and Unenforceability. The illegality, invalidity or unenforceability of any part of this Agreement shall not affect the legality, validity or enforceability of any other part of this Agreement.
Illegality and Unenforceability. Illegality and unenforceability of any term or condition of this Agreement will have no effect on the remaining terms or conditions of this Agreement.
Illegality and Unenforceability. The illegality, invalidity or unenforceability of any part of this Undertaking shall not affect the legality, validity or enforceability of any other part of this Undertaking.
Illegality and Unenforceability. If a provision of this Deed is or becomes illegal or unenforceable in any jurisdiction, that shall not affect the legality or enforceability of any other provision of this Deed and the legality or enforceability in other jurisdictions of that or any other provision of this Deed.
Illegality and Unenforceability. 64 22....... No Partnership/Agency 64 23....... Further Assurance 64 24....... Variations 64 25....... Announcements 64 26....... Notices 65 27....... Costs and Expenses 66 28....... Sellers’ Representative 66 29....... Payments under this Agreement 67 30....... Whole Agreement 68 31....... Counterparts 69 32....... Rights of Third Parties 69 33....... Governing Law and Jurisdiction 69 SCHEDULE 1 70 Part 1 Sellers’ Shareholding and Purchase Price Split 70 Part 2 Optionholders 76 SCHEDULE 2 77 Particulars of the Company 77 SCHEDULE 3 78 Part 1 Sellers Escrow Completion Deliverables 78 Part 2 Lenders Escrow Completion Deliverables 80 Part 3 Matters for Board Meeting at Escrow Completion 80 SCHEDULE 4 81 Conduct Until Completion 81 SCHEDULE 5 84 Fundamental Warranties 84 SCHEDULE 6 85 Warrantholder Warranties 85 SCHEDULE 7 86 Business Warranties 86 SCHEDULE 8 114 Tax Schedule 114 SCHEDULE 9 128 Intellectual Property Rights 128 Part 1 Registered Intellectual Property Rights 128 Part 2 Material Unregistered Intellectual Property Rights 129 Part 3 Intellectual Property Rights Licensed from Third Parties 130 Part 4 Intellectual Property Rights Licensed to Third Parties 131 SCHEDULE 10 133 Deferred Consideration 133