n. an agreement which is made up of several separate contracts between the same parties, such as series of sales, shipments or different pieces of equipment. Therefore, breach of one of the separate (severable) contracts is not a breach of the remainder of the overall contract and is not an excuse for the other party to refuse to honor any divisabl...
Found on
http://dictionary.law.com/Default.xhtml?selected=1940
In contract law, a severable contract is a contract that is actually composed of several separate contracts concluded between the same parties, so that failing (breaching) one part of such a `severable` contract does not breach the whole contract. Therefore, the other party must still honor the other subparts and cannot cancel the whole agreemen.....
Found on
http://en.wikipedia.org/wiki/Severable_contract
(n) Severable contracts are the contracts between two person, which are independed of each other , the failure of implementation of one agreement will not affect the implementation of the other
Found on
http://www.encyclo.co.uk/local/21213
A contract which is comprised of several separate contracts such that the breach of one does not necessarily mean the breach of the remainder -- for example, a sales agreement for several pieces of equipment each with its own payment schedules.
Found on
http://www.nolo.com/dictionary/severable-contract-term.html
[
n] - a contract in which in the event of a breach by one of the parties can be considered as several independent agreements expressed in a single instrument
Found on
http://www.webdictionary.co.uk/definition.php?query=severable%20contract
noun a contract in which in the event of a breach by one of the parties can be considered as several independent agreements expressed in a single instrument
Found on
https://www.encyclo.co.uk/local/20974
No exact match found.
