Saving Provisions Sample Clauses
A "Saving Provisions" clause serves to preserve the validity and enforceability of the remaining parts of a contract if one or more provisions are found to be invalid, illegal, or unenforceable. In practice, this means that if a court strikes down a specific section of the agreement, the rest of the contract remains in effect and continues to bind the parties. This clause is essential for ensuring that minor legal issues do not render an entire contract void, thereby maintaining the parties' intentions and protecting the overall agreement from being undermined by isolated problems.
POPULAR SAMPLE Copied 1 times
Saving Provisions. 5 3.1 Change in Guaranteed Obligations .................................. 5 3.2
Saving Provisions. If any provision of this Agreement are held to be contrary to law or any applicable rule, regulation, or order issued by a government authority other than the District which shall be rendered invalid or restrain compliance with or enforcement of any provisions of this Agreement, such provision shall be immediately suspended and be of no effect hereunder so long as such law, rule, regulation or order shall remain in effect. In the event of suspension or invalidation of any Article or Section of this Agreement, the parties agree to meet and negotiate within thirty (30) days after such determination for the purpose of arriving at a mutually satisfactory replacement for such Article or Section.
Saving Provisions. Notwithstanding anything herein contained, the LICENSOR shall always have the right to disclose and provide to the Central Government or its authorized representative, agency or undertaking, the KNOW HOW and/or the related PROCESS, to use and practice the same for the purpose of experimentation and/or further research or development thereof, with the right to sell and vend the ARTICLE in such manner as the Central Government may, in its judgement decide, for “Government purposes” or otherwise in public interest. The rights of the LICENSOR hereunder are cumulative and not mutually exclusive. Miscellaneous covenants
Saving Provisions. 17.1 If any provision of this agreement is or becomes invalid, illegal, or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this Clause shall not affect the validity and enforceability of the rest of this agreement.
Saving Provisions. (a) Subject to Clause 9 (Discharge of Security), the Pledge is a continuing Security and will extend to the ultimate balance of the Secured Liabilities, regardless of any intermediate payment or discharge in whole or in part. Table of Contents
(b) The Pledge is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by any Beneficiary.
Saving Provisions. (1) Continuing IM-Security Interest
(a) Subject to Clauses 4(2) (Release of IM-Security Interest in certain circumstances), 5 (Distributions and rights) and 11 (Release), the IM-Security Interest is a continuing IM-Security Interest and will extend to the ultimate balance of the Secured Liabilities, regardless of any intermediate payment or discharge in whole or in part. It shall, subject to Clause 11 (Release), in particular not be discharged by reason of the circumstance that there is at any time no Secured Liability arising.
(b) The IM-Security Interest will not be discharged by the entry of any Secured Liability into any current account, in which case the IM- Security Interest shall secure any provisional or final balance of such current account up to the amount of the Secured Liabilities designated as being subject to the current account relationship.
(c) All rights of the IM-Security Receiver under this Agreement will remain in full force and effect notwithstanding any characterisation of any operation under the Master Agreement (including without limitation close-out netting) as a novation (novation/schuldvernieuwing) of the Secured Liabilities.
Saving Provisions. 1) No approved regulator shall be in breach of these Rules if the action or omission, which would otherwise constitute the breach, is:
a. in relation to an approved regulator with a residual role, reasonably necessary to satisfy its residual role;
b. required by primary legislation; or
c. carried out with the prior written authorisation of the Legal Services Board.
2) In the event of a dispute as to whether any of these Saving Provisions apply, the matter must be referred to the Legal Services Board before any action is taken and any response will be determinative in accordance with Rule 14.
Saving Provisions. If ▇▇▇▇▇▇ fails to notify Lessor of the exercise of the extension option which ▇▇▇▇▇▇ has the right to exercise hereunder within the required time, its option to extend shall nevertheless remain full force and effect for a period of fifteen (15) days after Notice from Lessor subsequent to the required time setting forth the expiration date of this Lease and advising Lessee that Notice of extension has not been received. The right to renew as thereby extended shall expire on the close of business on the fifteenth day after Notice, and may be thereafter not be exercised by ▇▇▇▇▇▇.
Saving Provisions. 5.1 Save as, and to the extent expressly waived or agreed in this letter, the Leases remain in full force and effect as novated and amended pursuant to the documentation referred to in paragraph 1 of Schedule 1.
5.2 The waivers and approvals contained herein shall apply only to the matters specifically referred to herein. The Requested Waivers shall be without prejudice to any rights which the Lessors may now or hereafter have under the Leases in relation to any other circumstances or matters other than as specifically referred to in paragraph 2 above (and whether subsisting at the date hereof or otherwise) which right shall remain in full force and effect.
Saving Provisions. The consent of the Landlord contained in this Deed shall not extend to any further assignment of the Lease and is given without prejudice to any of the tenant covenants and conditions in the Lease and shall determine absolutely if the assignment is not effected within [three] months of the date of this Deed.