Severability Clause Example from Business Contracts

Severability. If any term or other provision of this Agreement is held to be 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 either the economic or legal substance of is the Parties' obligations hereunder are not affected in any manner materially adverse to any party or such party waives its rights under this Section with respect thereto. Upon such determina...tion that any term or other provision is invalid, illegal or incapable of being enforced, the parties 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 to the end that the obligations hereunder are fulfilled to the extent possible. View More