Severability Clause Example from Business Contracts

Severability. The Parties hereby agree that any term or provision of this Agreement or the Confirming Release (or portion thereof) that renders such term or provision (or portion thereof) or any other term or provision (or portion thereof) of this Agreement or the Confirming Release invalid or unenforceable in any respect shall be severable and shall be modified or severed to the extent necessary to avoid rendering such term or provision invalid or unenforceable, and such modification or severance shall be... accomplished in the manner that most nearly preserves the benefit of the Parties' bargain hereunder. View More