Severability Clause Example from Business Contracts

This example Severability clause appears in 3 contracts from 3 companies

Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the Transactions 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 hereto sha...ll negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the Transactions be consummated as originally contemplated to the fullest extent possible. View More
Found in LIGHTJUMP ACQUISITION CORP contract
CIIG Merger Corp. Contracts

Transaction Support Agreement, dated as of November 18, 2020, by and among CIIG Merger Corp., CIIG Management LLC and certain investors in CIIG Merger Corp (Filed With SEC on November 18, 2020)

Union Acquisition Corp. II Contracts

Transaction Support Agreement, dated as of March 31, 2021, by and among, among others, SPAC, the Company, Holdco, Union Group International Holdings Limited and Union Acquisition... (Filed With SEC on April 2, 2021)

LIGHTJUMP ACQUISITION CORP Contracts

Transaction Support Agreement dated as of June 14, 2022, by and among SPAC, Sponsor, the Company, Holdco, certain Company Shareholders, SAFE Holders and SPAC Holders (Filed With SEC on June 15, 2022)