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severable contract meaning in Hindi

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severable contract sentence in Hindi
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Examples

  1. However, express clauses may be included in a non-severable contract to explicitly require the full performance of an obligation.
  2. Typically, non-severable contracts only require the substantial performance of a promise rather than the whole or complete performance of a promise to warrant payment.
  3. A severable contract generally must contain a " severability clause " that allows certain clauses and aspects of the contract to be " severed " without affecting the validity of the rest of the contract.
  4. 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.

Meaning

noun.
  1. 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

Related Words

  1. sever
  2. severability
  3. severability clause
  4. severable
  5. severable breach
  6. several
  7. several distinct grounds
  8. several joint promises
  9. several liabilities
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