Common use of MOU - Invalidation of Article Clause in Contracts

MOU - Invalidation of Article. Section‌ If during the term of this Memorandum, any item or portion thereof of this Memorandum is held to be invalid by operation of any applicable law, rule, regulation, or order issued by governmental authority or tribunal of competent jurisdiction, or if compliance with or enforcement of the item or portion thereof shall be restrained by any tribunal, such provision of this Memorandum shall be immediately suspended and be of no effect hereunder so long as such law, rule, regulation, or order shall remain in effect.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

MOU - Invalidation of Article. Section‌ If during the term of this Memorandum, any item or portion thereof provision of this Memorandum is held to be invalid by operation of any applicable law, rule, regulation, or order issued by governmental authority or tribunal of competent jurisdiction, or if compliance with or enforcement of the item or portion thereof of this Memorandum shall be restrained by any tribunal, such the provision of this Memorandum shall be immediately suspended and be of no effect hereunder so long as such the law, rule, regulation, or order shall remain in effect. Any invalidation of a part or portion of this Memorandum shall not invalidate any remaining portion which shall continue in full force and effect.

Appears in 1 contract

Sources: Memorandum of Understanding