Change of Situation Sample Clauses

Change of Situation. 11.1 In addition to and without breaching other provisions of the Transaction Agreements and this Agreement, if the Pledgee believes that maintaining the validity of this Agreement and/or disposing the Pledged Equity Interest in the way specified in this Agreement become illegal or contradict to any laws, regulations or rules, due to the change to the interpretation or application of such laws, regulations or rules or due to the change of relevant registration procedure, the Pledgors and the Company shall immediately take any actions and/or sign any agreements or other documents pursuant to the written instruction and at the reasonable request of the Pledgee, to: (a) Maintain the validity of this Agreement; (b) Benefit the disposal of the Pledged Equity Interest in the way specified in this Agreement; and/or (c) Maintain or realize the security created or purported to create under this Agreement.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Change of Situation. 1. As a supplement and on the premise that it does not contravene other provisions of the Cooperation Agreements, if at any time due to the promulgation or amendment of any law, regulation or rule of China, or due to the interpretation or application changes of such laws, regulations or rules, or due to the changes of relevant registration procedures, leading to Party A believes that it is illegal or contrary to such laws, regulations or rules to maintain this Agreement in effect, Party B and Party C shall immediately take any action and/or sign any agreement or other documents according to Party A’s written instructions at Party A’s reasonable request so as to: a) Keep this Agreement valid; b) Exercise the right to purchase shares in the manner specified herein; and/or c) Realize the intent and purpose hereof in the way specified herein or in other ways.
Sample 1Sample 2Sample 3See All (5)
Change of Situation. Until the Close of Escrow, Buyer shall, upon learning of any fact or condition which would cause any of the warranties and representations in the section not to be true as of the Close of Escrow, immediately give written notice of such fact or condition to Successor Agency.
Sample 1Sample 2
Change of Situation. Until the Close of Escrow, Successor Agency shall, upon learning of any material fact or condition that would cause any of the warranties and representations in the section not to be true as of the Close of Escrow, immediately give written notice of such fact or condition to Buyer.
Sample 1Sample 2
Change of Situation. Until the Close of Escrow, City shall, upon learning of any fact or condition which would cause any of the warranties and representations in this Section 12 not to be true as of the Close of Escrow, immediately give written notice of such fact or condition to Strada, in which case Strada shall be entitled to either close Escrow with knowledge of such fact or condition or terminate this Agreement. As used herein the phrase “to the best of City’s knowledge” means the current, actual knowledge of .
Sample 1
Change of Situation a) The Merchant undertakes to notify Edenred immediately of any change in its situation, such as the updated data relating to all its Points of Sale, so as to enable Xxxxxxx to update these immediately (in particular changes, additions and deletions of Points of Sale), the cessation of its activities (for whatever reason), the transfer of its business, judicial reorganization, temporary or definitive suspension, bankruptcy, changes to its activities, legal form, company name, etc. b) Any breach of this provision entitles Xxxxxxx to terminate the Contract as of right and without notice, as well as any other agreement concluded between the parties, without prejudice to Xxxxxxx’s right to claim compensation from the Merchant for any loss suffered as a result of the breach. c) Any change in the Merchant’s situation entitles Xxxxxxx to terminate the Contract without notice or compensation.
Sample 1
Change of Situation. 10.1 In addition to and without prejudice to other provisions of the Transaction Agreements and this Agreement, if the Pledgee believes that maintaining the validity of this Agreement and/or disposing the Pledged Equity in the way specified in this Agreement become illegal or contradict to any PRC Laws, due to the promulgation of or change to the PRC Laws, the change to the interpretation or application of the PRC Laws, or the change of relevant registration procedure, the Pledgors and the Company shall immediately take any actions and/or sign any agreements or other documents pursuant to the written instruction and at the reasonable request of the Pledgee, to: (1) Maintain the validity of this Agreement; (2) Benefit the disposal of the Pledged Equity in the way specified in this Agreement; and/or (3) Maintain or realize the security created or purported to create under this Agreement.
Sample 1
AutoNDA by SimpleDocs
Change of Situation a) The Merchant undertakes to notify Edenred immediately of any change in its situation, such as the updated data relating to all its Points of Sale, so as to enable Edenred to update these immediately (in particular changes, additions and deletions of Points of Sale), the cessation of its activities (for whatever reason), the transfer of its business, judicial reorganization, temporary or definitive suspension, bankruptcy, changes to its activities, legal form, company name, etc. b) Any breach of this provision entitles Edenred to terminate the Contract as of right and without notice, as well as any other agreement concluded between the parties, without prejudice to Edenred's right to claim compensation from the Merchant for any loss suffered as a result of the breach. c) Any change in the Merchant's situation entitles Edenred to terminate the Contract without notice or compensation. Failure to comply with the Contract, the Applicable Law, or the applicable acceptance standards, can result in the refusal to authorize the Transaction, or even the suspension of the Merchant's affiliation to the Edenred Network, and/or the termination of the Contract without any liability for Edenred. 06/2022
Sample 1
Change of Situation. ​ 1. As a supplement and on the premise that it does not contravene other provisions of the Cooperation Agreements, if at any time due to the promulgation or amendment of any law, regulation or rule of China, or due to any change in the interpretation or application of such laws, regulations or rules, or due to any change in relevant registration procedures, Party A believes that it is illegal or contrary to such laws, regulations or rules to maintain this Agreement in effect, Party B and Party C shall immediately take any action and/or execute any agreement or other documents in accordance with Party A's written instructions and reasonable requirements to: ​ a) maintain this Agreement in effect; b) exercise the equity option in the manner specified herein; and/or c) realize the intent and purpose of this Agreement in the manner specified in this Agreement or otherwise. ​
Sample 1

Related to Change of Situation

  • Change of Scope (i) The Authority may, notwithstanding anything to the contrary contained in this Agreement, require the Contractor to make modifications/ alterations to the Works (“Change of Scope”) within a period of six months counted from the Appointed Date. Upon the Authority making its intention known to the Contractor for the specific Change of Scope, be it positive or negative, the Contractor shall submit his proposal for the said Change of Scope involving additional cost or reduction in cost. Any such Change of Scope shall be made and valued in accordance with the provisions of this Article 13. (ii) Provided that any such Change of Scope, excluding major structures (e.g. Major Bridge/ ROB/ RUB/ Flyover/ elevated road of more than 50 m length) may be required and agreed to be executed between the parties beyond the period of six months of the Appointed Date but before expiry of 50% of the original Scheduled Construction Period of the Project Highway, subject to the condition that it shall not entail any claims (e.g. Extension of Time/ Prolongation related claims), against the Authority. (iii) The Change of Scope shall mean the following: (a) change in specifications of any item of Works; (b) omission of any work from the Scope of the Project except under Clause 8.3 (iii); provided that, subject to Clause 13.5, the Authority shall not omit any Work under this Clause in order to get it executed by any other authority; and / or (c) any additional Work, Plant, Materials or services which are not included in the Scope of the Project, including any associated Tests on completion of construction.

  • Change of Shift (a) Where the regular day, afternoon or night shift of an employee is to be changed, the employee shall be given forty-eight (48) hours’ notice of such change. 11.01 (b) If the employee is given less than forty-eight (48) hours’ notice of such shift change, he shall be paid at the rate of time and one-half (1 ½) for the first changed shift worked.

  • CHANGE OF T-PIN The Account Holder may change his T-PIN from time to time in accordance with the Bank’s prescribed procedure then prevailing. The Bank shall be entitled, in its reasonable discretion but without liability and without giving any reason, to reject any selection made by the Account Holder as his substituted T-PIN; if the Bank so approves, such substituted T-PIN, shall take effect from the time of receipt by the Bank of such instructions from the Account Holder. The Account Holder shall take all steps not to select such numbers as a substitute T-PIN which may easily be ascertained or otherwise facilitate fraud or forgery.

  • Change of agreement (a) We may at any time vary, modify, add to or delete the terms and conditions of this agreement and the Privacy Circular and we will notify you of any such changes in such manner as we may, in our reasonable discretion, deem fit. (b) If you do not accept such changes, you may terminate your card account in accordance with clause 10 within 10 days after we have given such notice of change. (c) If you retain or use the card or the PIN or otherwise operate the card account after we have given such notice of change, you will be deemed to have accepted such changes without reservation.

  • Change of Control/Change in Management (i) During any period of twelve (12) consecutive months ending on each anniversary of the Agreement Date, individuals who at the beginning of any such 12-month period constituted the Board of Trustees of the Parent Guarantor (together with any new trustees whose election by such Board or whose nomination for election by the shareholders of the Parent Guarantor was approved by a vote of a majority of the trustees then still in office who were either trustees at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a majority of the Board of Trustees of the Parent Guarantor then in office; (ii) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent Guarantor; (iii) The Parent Guarantor shall cease to own and control, directly or indirectly, at least a majority of the outstanding Equity Interests of the Borrower; or (iv) The Parent Guarantor or a Wholly-Owned Subsidiary of the Parent Guarantor shall cease to be the sole general partner of the Borrower or shall cease to have the sole and exclusive power to exercise all management and control over the Borrower.

  • Change of Schedule (a) (applicable to full-time employees only) Where an employee's schedule is changed by the Hospital with less than twenty-four (24) hours notice, she shall receive time and one-half (1½) of her regular straight time hourly rate for all hours worked on her next shift. (b) (applicable to regular part-time employees only) Where a regular part-time employee's scheduled shift is cancelled by the Hospital with less than twelve (12) hours notice, she shall receive time and one-half (1½) of her regular straight time hourly rate for all hours worked on her next shift. (The following clause related to No Pyramiding will be incorporated into all collective agreements:)

  • Change of Management Not to make any substantial change in the present executive or management personnel of the Borrower.

  • Change in Name The Purchaser shall intimate the Seller of any change in its name (on account reasons other than a change in its Control), immediately upon occurrence of name change. The Parties shall thereafter take necessary steps to record such change in the name of the Purchaser in the books and records of the Seller and shall also execute an amendment agreement to the Agreement to record such name change.

  • Payment for Change of Scope Payment for Change of Scope shall be made in accordance with the payment schedule specified in the Change of Scope Order.

  • Change in Management Permit a change in the senior management of Borrower.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!