Severability Clause Example from Business Contracts

This example Severability clause appears in 3 contracts from 2 companies

Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties here...to shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. View More
Found in RAND CAPITAL CORP contract
RAND CAPITAL CORP Contracts

Administration Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on November 12, 2019)

Administration Agreement, dated as of December 31, 2020, between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on January 4, 2021)

THL Credit, Inc. Contracts

Administration Agreement, dated as of January 31, 2020, between THL Credit, Inc. and First Eagle Alternative Credit, LLC (Filed With SEC on February 4, 2020)