Severability Clause Example from Business Contracts

Severability. In the event that any provision of this Amendment, or the application thereof, becomes or is declared by a court of competent jurisdiction to be illegal, void or unenforceable, the remainder of this Amendment will continue in full force and effect and the application of such provision to other persons or circumstances will be interpreted so as reasonably to effect the intent of the parties hereto. The parties further agree to replace such void or unenforceable provision of this Amendment with a ...valid and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such void or unenforceable provision. View More