Recision. If the Lessor shall be unable to give Xxxxxx(s) occupancy of the premises at the commencement of the tenancy for any reason or if damage by fire or other casualty renders the premises uninhabitable, then this lease shall terminate at the election of either party upon written notice. Lessor shall be under no obligation to make available to Lessee any apartment other than the apartment specified in this Lease Agreement.
Recision. In the event that the Partnership is rendered Insolvent by reason of a breach, default or failure of an agreement, covenant, indemnity, representation or warranty made by LParent in the Contribution Agreement (including the exhibits and schedules thereto) and such breach, default or failure has not been cured as provided in the Contribution Agreement (a "Recision Event"), then CITGO GP shall deliver a notice to Lyondell GP specifying in reasonable detail the particulars of such Recision Event (a "Recision Event Notice"). Within 60 days after the earlier to occur of agreement between the Partners or final judicial determination that a Recision Event has occurred, Lyondell Partners shall purchase CITGO Partners' Interest (a "Recision Purchase") for an amount of cash (the "Recision Purchase Price") equal to the sum, without duplication, of the following amounts, each calculated or determined from the Closing Date to the date of purchase: (i) CITGO Partners' capital contributions made pursuant to Section 6., plus (ii) all Profits allocated to CITGO Partners, minus (iii) all Losses allocated to CITGO Partners and minus (iv) the amount of all distributions actually made to CITGO Partners pursuant to Section 7.4. In the event of a Recision Purchase, CITGO Partners shall execute and deliver to Lyondell Partners such documents as Lyondell Partners shall reasonably require to evidence and effect the Recision Purchase against receipt by CITGO Partners of the Recision Purchase Price. The amount of any debt to CITGO Partners under Section 7.3.(C) shall be deemed to be paid upon payment of the Recision Purchase Price.
Recision. The agency shop provisions herein may be rescinded in accordance with the procedures contained in Rule 12 of the Employee Relations Board adopted January 11, 1982. In the event this Article is overturned by the employees in this representation unit, all other Articles of the Memorandum of Understanding shall remain in full force and the prior agreement, rules, regulations and past practices relating to organizational dues deductions authorizations shall be reinstated until a successor Memorandum of Understanding or amendment shall have been approved.
Recision. This Agency Shop provision may be rescinded at any time that those Independent Providers covered by Agency Shop file a petition and present proof that at least 30% of the Providers in the representation unit want to rescind such provision. After petitioning, there shall be a majority vote for such rescision.
Recision. 1. The service fee provisions herein may be rescinded in accordance with the procedures contained in XXX Rule 12 adopted January 11, 1982.
Recision. AZO's offer as described in this Agreement will remain open and effective for twenty-one (21) days from the Effective Date. Hyde may elect to accept or reject this offer within that time period. If Hyde does nothing within the twenty-one (21) day period, the offer shall be deemed withdrawn by AZO. If Hyde does sign the Agreement within the twenty-one (21) day period, Hyde will have seven (7) days following the date he signed this Agreement to change his mind and revoke the Agreement in writing. Therefore, this Agreement will not be in effect until seven (7) days have passed following the date Hyde signs this Agreement.
Recision. AutoZone’s offer as described in this Agreement will remain open and effective for twenty-one (21) days from the date of this Agreement. You may elect to accept or reject this offer within that time period. If you do nothing within the twenty-one (21) day period, the offer shall be deemed withdrawn by AutoZone. If you do sign the Agreement within the twenty-one (21) day period, you will have seven (7) days following the date you signed this Agreement to change your mind and revoke the Agreement in writing. Therefore, this Agreement will not be in effect until seven (7) days have passed following the date you sign this Agreement.
Recision. At any time after any Notes have been declared due and payable pursuant to clause (b) or (c) of Section 12.1, the holders of not less than 50% in principal amount of the Notes then outstanding, by written notice to the Company, may rescind and annul any such declaration and its consequences if (a) the Company has paid all overdue interest on the Notes, all principal of and Make-Whole Amount, if any, on any Notes that are due and payable and are unpaid other than by reason of such declaration, and all interest on such overdue principal and Make-Whole Amount, if any, and (to the extent permitted by applicable law) any overdue interest in respect of the Notes, at the Default Rate, (b) all Events of Default and Defaults, other than non-payment of amounts that have become due solely by reason of such declaration, have been cured or have been waived pursuant to Section 17, and (c) no judgment or decree has been entered for the payment of any monies due pursuant hereto or to the Notes. No rescission and annulment under this Section 12.3 will extend to or affect any subsequent Event of Default or Default or impair any right consequent thereon.
Recision. The agency shop provision in this MOU may be rescinded by a simple majority of votes cast by eligible bargaining unit members, provided that:
Recision. 1. The agency shop provisions herein may be rescinded in accordance with the procedures contained in Rule 13 of the Employee Relations Board adopted January 11, 1982.
