severable contract

Definition of "severable contract"
  1. An agreement that is composed of multiple distinct contracts, allowing a breach in one part to not affect the enforcement of the rest
How to use "severable contract" in a sentence
  1. The business deal was a severable contract, with different payment plans for each piece of machinery.
  2. A severable contract allowed the company to default on one agreement without affecting the others.
  3. The music festival's venue, security, and performer agreements were all part of a larger severable contract.

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