Common use of Separate undertakings Clause in Contracts

Separate undertakings. Each of the obligations of a Shareholder and Key Person given in clause 27.1, when separately combined with each period of time in clause 27.2, and then each territory in clause 27.3, constitutes a separate and distinct obligation of the Shareholder and Key Person. If any of the forgoing obligations is unenforceable, then those unenforceable obligations may be severed from this Deed, without affecting the enforceability of the remaining obligations.

Appears in 3 contracts

Sources: Shareholders’ Agreement, Shareholders’ Agreement, Shareholder Agreement