Common use of SEVERABILITY AND DURATION OF LEASE Clause in Contracts

SEVERABILITY AND DURATION OF LEASE. If any part of this Lease is found to be unenforceable or invalid, such material shall be read out of this Lease and shall not affect the validity of any other part of this Lease or give rise to any cause of action of Lessee or Lessor against the other, and the remainder of this Lease shall be valid and enforced to the fullest extent permitted by law. It is the intention of the parties that Lessor’s option to purchase and all other rights of both parties under this Lease shall continue in effect for the full term of this Lease and any renewal thereof, and shall be considered to be coupled with an interest.

SEVERABILITY AND DURATION OF LEASE. If any part of this Lease is found to be unenforceable or invalid, such material shall be read out of this Lease and shall not affect the validity of any other part of this Lease or nor give rise to any cause of action of the Lessee or Lessor the Owner against the other, and the remainder of this Lease shall be valid and enforced to the fullest extent permitted by law. It is the intention of the parties that Lessor’s option their respective options to purchase and all other rights of both parties under under‌ this Lease shall continue in effect for the full term of this Lease and any renewal thereof, and such options and other rights shall be considered to be coupled with an interest.