Severability Contract Clauses (27,855)

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 will nevertheless remain in full force and effect 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 that any term or other provision is invalid, illegal or incapable of being enforced, the parties he...reto will 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 transactions contemplated hereby are fulfilled to the extent possible. View More

Severability. If any term or other provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, such term or other provision shall be modified and interpreted to the extent and manner necessary to render it valid and/or enforceable within the limits of applicable law, and all other terms and provisions of this Agreement shall nevertheless remain in full force and effect. Any provision of this Agreement held invalid or unenforceable only in part or degree will remain in ...full force and effect to the extent not held invalid or unenforceable. 20CONFIDENTIAL 17. MANDATORY DISPUTE RESOLUTION AND BINDING ARBITRATION. Any dispute arising out of or in connection with this Agreement shall be attempted to be resolved through informal mediation and dispute resolution conducted by senior executives of the Parties for a period not exceeding ten (10) business days. If the dispute is resolved by the Parties, then this Agreement shall be amended in accordance with the terms hereof to reflect the mutual understanding of the Parties and to avoid future disputes. Absent resolution of the dispute pursuant to the foregoing, then such dispute (including any question regarding its existence, validity, breach, or termination) shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre ("SIAC") in accordance with the Arbitration Rules of the Singapore International Arbitration Centre for the time being in force, which rules are deemed to be incorporated by reference in this Section 17 (MANDATORY DISPUTE RESOLUTION AND BINDING ARBITRATION). The seat of the arbitration shall be Singapore. The arbitration panel/tribunal shall consist of three arbitrators, with one arbitrator selected by each Party, and the third appointed by the President of the Court of Arbitration of SIAC, who shall be the presiding arbitrator. The language of the arbitration shall be English. The Party initiating arbitration (the "Claimant") shall appoint an arbitrator in its request for arbitration (the "Request"). The other Party (the "Respondent") shall appoint an arbitrator within thirty (30) days of receipt of the Request. If either Party fails to appoint an arbitrator, then that arbitrator shall be appointed promptly by the SIAC. The arbitral award shall be in writing, state the reasons for the award, and be final and binding on the Parties. The award may include an award of costs, including reasonable and documented out-of-pocket attorneys' and expert witness fees and disbursements. Judgment upon the award may be entered by any court having jurisdiction thereof or having jurisdiction over the relevant Party or its assets. View More

Severability. The invalidity or unenforceability of any provision of this Agreement will not affect the validity or enforceability of any other provision of this Agreement and each other provision of this Agreement will be severable and enforceable to the extent permitted by law.

Severability. In the event that any provision in this Agreement shall be deemed to be unlawful or unenforceable, such provision shall be stricken from the Agreement, but the remainder of the Agreement shall remain in full force and effect.

Severability. Whenever possible, each provision of this Plan will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Plan is held to be prohibited by or invalid under applicable law, such provision will be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Plan. 5 12. Governing Law. This Plan shall be governed by and construed in accordance with the laws of the State of Delaware, without regard... to the conflicts of laws rules of such state. View More

Severability. If any provision of this Plan is held to be invalid or unenforceable by a court of competent jurisdiction, then such invalidity or unenforceability shall not affect the validity or enforceability of the other provisions of this Plan, and the provision held to be invalid or unenforceable shall be enforced as nearly as possible according to its original terms and intent to eliminate such invalidity or unenforceability. EX-10.1 2 bvh-20210721xex10_1.htm EX-10.1 Exhibit 10.1 - BVH 2021 Incentive Pla...n Exhibit 10.1 BLUEGREEN VACATIONS HOLDING CORPORATION 2021 INCENTIVE PLAN  1. PURPOSES. The purpose of this Bluegreen Vacations Holding Corporation 2021 Incentive Plan (this "Plan") is to attract, retain and motivate officers and other employees of Bluegreen Vacations Holding Corporation, a Florida corporation (the "Company"), or its Subsidiaries or Affiliates (as hereinafter defined), as well as directors and other individuals who perform services for the Company or its Subsidiaries or Affiliates, to compensate them for their services, to encourage ownership by them of stock of the Company, to align their interests with those of shareholders in the creation of long-term value, and to promote the success and profitability of the Company's business. View More

Severability. Wherever possible, each provision of this Note shall be interpreted in such manner as to be effective and valid under all Requirements of Law, but if any provision of this Note shall be prohibited by or invalid under any Requirements of Law (except in the case of Federal Cannabis Laws), such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Note.

Severability. Should any provision of this Agreement be found to be illegal or unenforceable, the other provisions shall nevertheless remain effective and shall remain enforceable to the greatest extent permitted by law.

Severability. If any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable, or void, portions of such provision, or such provision in its entirety, to the extent necessary, shall be severed from this Agreement and the balance of this Agreement shall be enforceable in accordance with its terms.

Severability. Any provision of this Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.