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 letter agreement or the application thereof to any Person or circumstances is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of such provision to Persons or circumstances other than those as to which it has been held invalid or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby, so long as the economic or legal subs...tance of the transactions contemplated hereby is not affected in any manner adverse to any party. Upon such determination, the parties shall negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original intent of the parties. View More Arrow
Found in Third Coast Bancshares, Inc. contract

Variations of a "Severability" Clause from Business Contracts

Severability. If any provision of this letter agreement Note or the application thereof to any Person (including the officers and directors of the parties hereto) or circumstances circumstance is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of such provision to Persons or circumstances other than those as to which it has been held invalid or unenforceable, shall will remain in full force and effect and shall in no way... be affected, impaired or invalidated thereby, so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Payor or Holder. Upon such determination, the parties Payor and Holder shall negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original intent of the parties. Payor and Holder. View More Arrow
Found in UNIVERSAL STAINLESS & ALLOY PRODUCTS INC contract
Severability. If any provision of this letter agreement Agreement or the application thereof of any such provision to any Person or circumstances is circumstance shall be determined by a court of competent jurisdiction to be invalid, void unenforceable or unenforceable, void, the remaining provisions hereof, hereof or thereof, or the application of such provision to Persons or circumstances or in jurisdictions other than those as to which it has been held invalid or unenforceable, shall remain in full force a...nd effect and shall in no way be affected, impaired or invalidated thereby, so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any party. thereby. Upon such determination, the parties Parties shall negotiate in good faith in an effort to agree upon such a suitable and equitable substitute provision to effect the original intent of the parties. Parties. View More Arrow
Found in Sylvamo Corp contract
Severability. If any provision of this letter agreement or Agreement of the application thereof to any Person person or circumstances circumstance is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of such provision to Persons persons or circumstances or in jurisdictions other than those as to which it has been held invalid or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired ...or invalidated thereby, so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any party. Upon such determination, the parties shall negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original intent of the parties. View More Arrow
Found in Dermavant Sciences Ltd contract
Severability. If any provision of this letter agreement Agreement or the application thereof to any Person or circumstances circumstance is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of such provision to Persons or circumstances other than those as to which it has been held invalid or unenforceable, shall will remain in full force and effect and shall will in no way be affected, impaired or invalidated thereby, so l...ong as thereby. If the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any party. Upon such determination, party as a result thereof, the parties shall will negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original intent of the parties. View More Arrow
Found in 6D Global Technologies, Inc contract