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2 days ago · “Existing Infrastructure Sale Agreement” means that certain Sale and Purchase Agreement, dated October 16, 2020 (as amended, amended and restated, waived, supplemented or otherwise modified ...

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A severability clause refers to a contractual provision that describes the effect that an unenforceable part of a contract will have on an agreement. Depending on the alternatives available, a potentially invalid severability clause may be rewritten only if it does not address an "essential purpose" of a contract.
A severability clause states that even if one part of the lease is deemed invalid or unenforceable, the remainder of the lease is still legally binding. Basically, the unenforceable clause is "severed" from the lease, leaving the rest of the lease intact. It's mainly a legal precaution, but it's an important clause to have in your lease.13.8 Severability. All of the provisions of this Lease are to be construed as covenants and agreements. If any provision of this Lease is illegal or unenforceable, it ...

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No Waiver. The failure of either party to insist in any instance upon the strict keeping, observance or performance of any provision of this Lease or to exercise any election in this Lease shall not be construed as a waiver or relinquishment for the future of such provision, but the same shall continue and remain in full force and effect. No waiver or modification by either party of any provision of this Lease shall be deemed to have been made unless expressed in writing and signed by the ...
The modification of agreement clause in a contract states that the agreement may only be modified in writing.As important as it is to have your contract in writing, it is equally important to require any modifications — additions, deletions, or changes in wording — to be in writing. A severability clause states that if one provision of the lease is deemed illegal, the rest of it can stand. While this seems like legal mumbo jumbo, this clause can save the day in a situation where an inadvertent illegality is not central to the rental form. Without it, the entire lease could be unenforceable.

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Mar 31, 2020 · Normally, the lease will require a 30-days notice before leaving. A bit less commonly, a break clause can contain limitations on breaking your lease depending on how long you’ve been there. For example, it’s possible for a tenant to only be able to break a year-long lease after having lived there for 6 months.
The court also relied on the lease’s severability clause when reaching its conclusion that, where the liquidated damages provision applies to breaches of multiple covenants, “it may be presumed that the parties intended the provision to apply only to those material breaches for which it may properly be enforced.”. SEVERABILITY. If any provision of this Lease or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Lease nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent ...

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Notwithstanding any other provision of this agreement, the Lessor shall have the right to terminate this agreement at any point of time during the period of the lease. The provisions of this Agreement shall be governed by the Laws in force in the Union of India, and any dispute arising from this Agreement shall be subject to the laws of [.].
Jul 06, 2020 · A noncompete agreement is a contract between an employee and an employer in which the employee agrees not to enter into competition with the employer during or after employment. To insure the effectiveness of the waiver of subrogation clause, the owner and design professional generally require the same type of waivers from the contractors, other consultants, and agents. Most form contract documents assign the responsibility for procuring the applicable insurance, for demonstrating the coverage is in place (e.g., certificates of insurance), and for the cost.

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Acceleration Clause Upheld For Lease Default The Massachusetts Supreme Judicial Court allowed a commercial landlord to enforce a liquidated damages clause against a tenant for non-payment of rent in Cummings Properties, LLC vs. National Communications Corporation ( SJC Docket 09778.
17. Severability. 17.1 The Parties recognize the uncertainty of the law with respect to certain provisions of this Agreement and expressly stipulate that this Agreement will be construed in a manner that renders its provisions valid and enforceable to the maximum extent possible under applicable law. 7. SEVERABILITY In the event that any provision of this Agreement is determined to be invalid or unenforceable by a court of competent jurisdiction, the remainder of this Agreement shall remain in full force and effect without said provision.

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Most agreements include a provision like this one, disclaiming any relationship other than that defined in the agreement. (b) Severability. The severability clause provides that if you wind up in a lawsuit over the agreement and a court rules that one part of the agreement is invalid, that part can be cut out and the rest of the agreement will ...
The court also relied on the lease’s severability clause when reaching its conclusion that, where the liquidated damages provision applies to breaches of multiple covenants, “it may be presumed that the parties intended the provision to apply only to those material breaches for which it may properly be enforced.”.