VDict - Definition of severable contract

English - English (Wordnet) dictionary

severable contract

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Noun

a contract which, in the event of a breach by one of the parties, can be considered as several independent agreements expressed in a single instrument

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Words contain "severable contract" in its definition in English - English (Wordnet) dictionary:
severable lease stipulate arbitration clause rescission auction bridge reserve clause recission material breach contractor more...

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