Severability Clause Example from Business Contracts
This example Severability clause appears in 2 contracts from 2 companies
Severability. If any term or other provision of this Amendment is invalid, illegal or incapable of being enforced by any law or public policy, all other terms and provisions of this Amendment 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...
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Found in
Nebula Parent Corp. contract
Nebula Parent Corp. Contracts
Amendment No. 1 to the Tax Receivable Agreement, dated April 9, 2021 (Filed With SEC on April 12, 2021)