Severability Clause Example with 4 Variations from Business Contracts

This page contains Severability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Severability. If any provision of this Note is declared by a court of competent jurisdiction to be in any way invalid, illegal or unenforceable, the balance of this Note shall remain in effect, and if any provision is inapplicable to any person or circumstance, it shall nevertheless remain applicable to all other persons and circumstances. If it shall be found that any interest or other amount deemed interest due hereunder shall violate applicable laws governing usury, the applicable rate of interest due here...under shall automatically be lowered to equal the maximum permitted rate of interest. View More Arrow
Found in Iconic Brands, Inc. contract

Variations of a "Severability" Clause from Business Contracts

Severability. If any provision of this Note is declared by a court of competent jurisdiction to be in any way invalid, illegal or unenforceable, the balance of this Note shall remain in effect, and if any provision is inapplicable to any person Person or circumstance, it shall nevertheless remain applicable to all other persons Persons and circumstances. If it shall be found that any interest Interest or other amount deemed interest Interest due hereunder shall violate violates the applicable laws law governi...ng usury, the applicable rate of interest Interest due hereunder shall automatically be lowered to equal the maximum permitted rate of interest. interest permitted under applicable law. 10 10. Next Business Day. Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day. View More Arrow
Found in GROWLIFE, INC. contract
Severability. If any provision of this Note Certificate of Designation is declared by a court of competent jurisdiction to be in any way invalid, illegal or unenforceable, the balance of this Note Certificate of Designation shall remain in effect, and if any provision is inapplicable to any person Person or circumstance, it shall nevertheless remain applicable to all other persons Persons and circumstances. If it shall be found that any interest or other amount deemed interest due hereunder shall violate viol...ates applicable laws governing usury, the applicable rate of interest due hereunder shall automatically be lowered to equal the maximum permitted rate of interest. View More Arrow
Found in SUCCESS ENTERTAINMENT GROUP INTERNATIONAL INC. contract
Severability. If any provision of this Note is declared by a court of competent jurisdiction to be in any way invalid, illegal or unenforceable, the balance of this Note shall remain in effect, and if any provision is inapplicable to any person Person or circumstance, it shall nevertheless remain applicable to all other persons Persons and circumstances. If it shall be found that any interest Interest or other amount deemed interest Interest due hereunder shall violate violates the applicable laws law governi...ng usury, the applicable rate of interest due hereunder Interest Rate shall automatically be lowered to equal the maximum permitted rate of interest. interest permitted under applicable law. View More Arrow
Found in DSG Global Inc. contract
Severability. If any provision of this Note is declared by a court of competent jurisdiction to be in any way invalid, illegal or unenforceable, the balance of this Note shall remain in effect, and if any provision is inapplicable to any person Person or circumstance, it shall nevertheless remain applicable to all other persons Persons and circumstances. If it shall be found that any interest Interest or other amount deemed interest Interest due hereunder shall violate violates the applicable laws law governi...ng usury, the applicable rate of interest Interest due hereunder shall automatically be lowered to equal the maximum permitted rate of interest. interest permitted under applicable law. View More Arrow
Found in Saleen Automotive, Inc. contract