GOVERNING LAW / SEVERABILTY Sample Clauses

The Governing Law / Severability clause establishes which jurisdiction’s laws will be used to interpret and enforce the contract, and addresses what happens if any part of the agreement is found to be invalid or unenforceable. In practice, this means that if a dispute arises, the specified state or country’s legal rules will apply, and if a particular provision is deemed void by a court, the rest of the contract remains effective. This clause ensures legal certainty by clarifying applicable law and preserves the overall agreement even if individual terms are struck down, thereby reducing the risk of the entire contract being invalidated due to one problematic section.
GOVERNING LAW / SEVERABILTY. This agreement shall be construed in accordance with the laws of the State of Connecticut and shall be binding upon the parties, their heirs, successors and assigns. Except as otherwise set forth herein, no modification of this agreement shall be binding upon TVC unless in writing signed by an authorized representative of TVC. The laws of the State of Connecticut shall govern the Agreement and the relationship between you and TVC. To the extent court action is initiated to enforce an arbitration award or for any other reason consistent with Section 39, you and TVC agree to submit to the personal and exclusive jurisdiction of the courts located within the state of Connecticut and waive any objection as to venue or inconvenient forum. The failure of TVC to exercise or enforce any right or provision of the Agreement shall not constitute a waiver of such right or provision. If any provision of the Agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision, and the other provisions of the Agreement remain in full force and effect. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the service or the Agreement must be filed within one (1) year after such claim or cause of action arose or be forever barred.
GOVERNING LAW / SEVERABILTY. This Agreement and the Loan Documents shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia, which shall govern the enforceability and validity of the obligations arising under the Note and the Loan Documents. The invalidity, illegality or enforceability of any provision of this Agreement shall not affect or impair the validity, legality or enforceability of the remainder of this Agreement, and to this end, the provisions of this Agreement are declared to be severable.