Severable Clauses Sample Clauses
A severable clauses provision ensures that if any part of a contract is found to be invalid or unenforceable, the remainder of the agreement remains effective and binding. In practice, this means that if a court strikes down a specific clause—such as a non-compete or a limitation of liability—the rest of the contract continues to operate as intended. This clause protects the overall integrity of the agreement by preventing the invalidity of one section from voiding the entire contract, thereby reducing risk and maintaining enforceability.
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Severable Clauses. Should a court find any clause in this lease unenforceable, the remainder of this lease will not be affected and all other provisions in this lease will remain enforceable.
Severable Clauses. If any clause in this lease is found invalid or ------------------ unenforceable by a court of law, the remainder of this lease will not be affected and all other provisions of this lease will remain valid and enforceable.
Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. DocuSign Envelope ID: 966F82E5-1FCA-4AA7-843D-4D7D230C3F99 _____ ___________________ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 585211 1/25/2023 1/25/2023 675102558 President 798229 12/31/2024 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ San Antonio,Tx,78257 8307651210 ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ DocuSign Envelope ID: 966F82E5-1FCA-4AA7-843D-4D7D230C3F99 _____ ___________________ A. Effective Date: 1_/_2__5_/_2_0_2_3_____
Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows:
1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent (50%) thereof, minus any legal or other fees, if applicable.
2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent (70%) thereof, minus any legal or other fees, if applicable.
3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety percent (90%) thereof, minus any legal or other fees, if applicable.
4. All commissions will accrue to the date of the calendar month in which the lease application was submitted to the property by the customer, also known as “Credit Date”.
5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. Regardless of any language to the contrary herein or elsewhere, upon contract termination or voluntary separation, leasing commissions earned by the Associate and received by the Broker following the termination or voluntary separation date, shall be paid out at thirty percent (30%) minus any legal fees, other fees, or reimbursements, to Associate upon receipt.
Severable Clauses. If a court of law shall find any part of this lease unenforceable, the remainder of this lease will not be affected and all other sections of the lease will remain valid and enforceable. REPRESENTATIONS: Each party represents that they are of legal age to enter into this lease. Tenant acknowledges that ▇▇▇▇▇▇’s statements made in this lease and on Tenant’s rental application are material representations. Any misrepresentation by Tenant on this lease or on the rental application will result in Tenant being held in default of this lease.
Severable Clauses. A determination that any provision of this Agreement is unenforceable, in whole or in part, shall not affect the validity of any other provision.
Severable Clauses. Should any court find any clause in this agreement unenforceable, the remainder of this agreement will not be affected and all other provisions in this agreement will remain enforceable.
Severable Clauses. Should any clause in this Lease Agreement be found invalid or unenforceable by a court of law, the remainder of this Lease Agreement will not be affected and all other provisions of this Lease Agreement will remain valid and enforceable.
Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows on Company generated leads in calendar month:
1. ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, forty-five percent (45%) of total commissions earned by Associate.
2. If by day 90 after contract acceptance date, the Associate’s production on Company generated leads meets or surpasses $15,000 while maintaining Company defined conversion and fall off rates, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent (50%) of total commissions earned by Associate starting at day 1 of month 4.
3. If Associate does not meet criteria in (2), at any consecutive three-month interval, if condition (2) is met, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent (50%) of total commissions earned by Associate starting at day 1 of month 4.
4. If Associate production falls below $15,000 or does not meet conversion and fall off rates for any three-month time period, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, forty-five percent (45%) of total commissions earned by Associate. Leasing Commissions shall be divided as follows on self-generated leads in calendar month:
1. For total commissions earned by Associate within first year of tenure, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, sixty percent, (60%) thereof. Associate may work Company generated leads.
2. For total commissions earned by Associate after first year of tenure, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent, (70%) thereof. Associate may work Company generated leads.
3. For total commissions earned by experienced Associate’s producing $75,000 annually or higher, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, eighty five percent, (85%) thereof. Associate may not work Company generated leads and must provide proof of production. All commissions will accrue to that calendar month during which the security deposit was paid to the landlord or apartment manager. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar mont...
Severable Clauses. If a court or arbitrator declares that any term or provision hereof is invalid, void or unenforceable, the parties agree to reduce the scope, duration, area or applicability of the term or provision, to delete specific words or phrases, or to replace any invalid, void or unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the original intention of the invalid or unenforceable term or provision.