Severability Clause Example from Business Contracts

This example Severability clause appears in 12 contracts from 2 companies

Severability. If one or more of the provisions of this Grant Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this... Grant Agreement to be construed so as to foster the intent of this Grant Agreement and the Plan. View More Arrow