Severability Contract Clauses (27,855)

This page contains Severability clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Severability. If any provision herein is or should become inconsistent with any present or future law, rule or regulation of any sovereign government or regulatory body having jurisdiction over the subject matter of this Agreement, such provision shall be deemed to be rescinded or modified in accordance with such law, rule or regulation, In all other respects, this Agreement shall continue to remain in full force and effect.
Severability. If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original in...tent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. 8 16. Remedies. (a) Each Holder of Registrable Securities, in addition to being entitled to exercise all rights granted by law, including recovery of damages, shall be entitled to specific performance of its rights under this Agreement. The Company acknowledges that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Agreement and the Company hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate. (b) In the event that no registration statement has been declared effective by the SEC pursuant to Section 2(a) on or before October 8, 2018, or the effectiveness of such registration statement lapses during Registration Effectiveness Period for more than ten (10) consecutive Business Days (other than due to SEC review of post-effective amendments), then for each month or portion thereof thereafter that no such registration statement is effective and available for disposition of Registrable Securities by Holders, the Company shall issue to each Holder of Registrable Securities a warrant, in the same form as the Warrants, exercisable for a number of shares of Common Stock equal to one percent (1.0% ) of the number of shares of Registerable Securities held by or issuable to such Holder, it being understood that the exercise of any such Warrants shall be limited to 19.99% of the Company's issued and outstanding shares of Common Stock, as provided in Section 3(f) of the Warrants. (c) In the event that OTC Market Groups does not provide and continue to provide, quotations for the Preferred Stock on the OTCQX, OTCQB or Pink (with Current Information) markets on and after October 8, 2018, then for each month or portion thereof thereafter that no such quotations are provided (subject to one grace period of up to ten (10) consecutive Business Days during each calendar year), the Company shall issue to each Holder of Registrable Securities a warrant, in the same form as the Warrants, exercisable for a number of shares of Common Stock equal to one percent (1.0% ) of the number of shares of Registerable Securities held by or issuable to such Holder, it being understood that the exercise of any such Warrants shall be limited to 19.99% of the Company's issued and outstanding shares of Common Stock, as provided in Section 3(f) of the Warrants. View More Arrow
Severability. In case any provision in this Amendment shall be invalid, illegal or unenforceable, such provision shall be severable from the remainder of this Amendment and the validity, legality and enforceability of the remaining provisions of this Amendment shall not in any way be affected or impaired thereby.
Severability. Whenever possible, each provision of this Option Agreement is to be interpreted in a manner as to be effective and valid under applicable law, but if any provision of this Option Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any particular jurisdiction, that invalidity, illegality or unenforceability is not to affect any other provision or any other jurisdiction, and this Option Agreement shall be reformed, construed and enforced in ...the particular jurisdiction as if the invalid, illegal or unenforceable provision had never been contained herein. View More Arrow
Severability. If any part of this Agreement is declared by any court or other judicial or administrative body to be null, void, or unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of this Agreement shall remain in full force and effect.
Severability. Wherever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under California law, but if any provision of this Agreement shall be prohibited by or invalid under California law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. - 11- 30. Governing Law. This Agreement shall be interpreted, and the rights... and obligations of the parties hereto determined, in accordance with the internal laws of the State of California. View More Arrow
Severability. Wherever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under California law, but if any provision of this Agreement shall be prohibited by or invalid under California law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 30. Governing Law. This Agreement shall be interpreted, and the rights and o...bligations of the parties hereto determined, in accordance with the internal laws of the State of California. View More Arrow
Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever, (i) the validity, legality and enforceability of the remaining provisions of the Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby, and (ii) ...to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable and to give effect to Section 12 hereof. View More Arrow
Severability. The invalidity or unenforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision. Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Stockholder shall in no way affect the validity or enforceability of any provision hereof as to the other. Without limiting the generality of the foregoing, this Agreement is intended to confer upon Indemnitee indemnification rights to the fullest extent pe...rmitted by applicable laws. In the event any provision hereof conflicts with any applicable law, such provision shall be deemed modified, consistent with the aforementioned intent, to the extent necessary to resolve such conflict. View More Arrow
Severability. Any provision of the Agreement which is invalid, illegal or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability, without affecting in any way the remaining provisions hereof in such jurisdiction or rendering that or any other provision of the Agreement invalid, illegal or unenforceable in any other jurisdiction.