CLAUSE TEN Sample Clauses

CLAUSE TEN. PENALTIES
AutoNDA by SimpleDocs
CLAUSE TEN. (Cooperation between Parties) The State undertakes to cooperate with PT Comunicações in completing any relevant formalities associated with the transfer of title over the assets forming the object of the present contract to the ownership of PT Comunicações. Clause Eleven (Applicable Law and Arbitration Tribunal)
CLAUSE TEN. Due to the occupier’s liability LESSEE shall hold under the terms of this Agreement, LESSEE shall be liable for the costs incurred from the management of the premises, being included costs of conservation, gardening, paving, illumination and others, necessary for the keeping of the premises. Penalties:
CLAUSE TEN. ENFORCEABILITY. If all of the CONDITIONS PRECEDENT have been met, and one of the PARTIES nevertheless does not attend the act of formalization of the CLOSING or does not comply therein with all of the actions for which it is responsible, the other party may choose to either: (i) demand compliance with the AGREEMENT, or (ii) declare it to be terminated, in both cases in addition to the corresponding damages.
CLAUSE TEN. PEI’s Share in the Carbonera Contract: · Pursuant to the purpose of the Agreement, the initial investment of PEI in the Carbonera Project is represented in principle by the contribution in kind of all of the activities that in accordance with the purpose thereof it shall develop for the Re-entry as described in the previous clauses regulating this activity, included the Cerro Gordo 1 well assessment as set forth herein. · In the event that the Cerro Gordo 1 well does not provide the expected result, that is, to be declared non commercial, it shall be PEI’s obligation to proceed to the technical and legal abandonment of the well, activity that shall be deemed as part of the “obligation to do” pursuant to the Agreement, otherwise, that is, is the well is a hydrocarbon commercial producer, PEI’s obligation shall be until the well is under production activities. · As it was pointed out in Clause Two (2) of the Agreement, as soon as XXX has informed in writing to WELL LOGGING about the compliance with the obligation of First Phase of the Cabronera Contract Exploration Period, PEI shall immediately deem itself owner of the “Share Interests” equivalent to the duty and right to contribute with costs and expenses, as well as receiving net incomes that might be received for crude oil and/or gas sales from the Cerro Gordo 1 well and from all of the other xxxxx that proportion to the sixty five (65%) of the entirety of the rights, interests and obligations of the Carbonera Contract
CLAUSE TEN. RESPONSIBILITY: THE SELLER SHALL be held responsible for the management and transportation of the crude oil that is the subject matter of this contract to the delivery site established in Clause Three herein. Therefore, THE SELLER assumes responsibility for any event that may arise before reaching the delivery site. THE SELLER must have a contingency plan to remedy these situations, including those derived from spills and damage caused by the transporters used by THE SELLER. PARAGRAPH: THE SELLER is bound to comply with and have its contractors comply with all the security policies in effect to access the Petrobras facilities in the Xxxxxxxx Field. THE BUYER reserves the right to allow access to the facilities of the Xxxxxxxx Field in the event of non-compliance with these norms, which, in turn, must be informed by THE BUYER to THE SELLER for their fulfillment.
CLAUSE TEN. The TENANT covenants to wisely use the RENTED BULDING and the collective areas of the building in which the RENTED BUILDING is integrated, in particular respecting the Rules of the Use of the Victoria Bulding, and the the Rules on the Management and Use of the Eighth Floor Meeting Room, of which the TENANT acknowledges to be aware. CLAUSE ELEVEN
AutoNDA by SimpleDocs
CLAUSE TEN. The court of the District of Curitiba - PR is selected to settle any questions that may arise during the effective period of this Agreement.
CLAUSE TEN. The resumption of studies in the host university after the exchange period is not ensured by this Agreement, and it must follow the requirements and norms of the host university. CLAUSE ELEVEN. Both universities will respect the principles of opportunity equality while involved in this Agreement and therefore shall not discriminate on the basis of race, age, gender, sexual orientation, physical or mental disability, religion, ancestry or national origin, marital status, genetic information, political affiliation, and/or gender identity or expression in any commitment or collaboration under this Agreement. CLAUSE TWELVE. The International Cooperation Office of UEM and (OFFICE / DEPARTMENT OF THE UNIVERSITY – ACRONYMS) are the executing units of this Agreement. CLAUSE THIRTEEN. The present Agreement will be in force for 05 (five) years coinciding with the International Cooperation Agreement signed, and may be modified during this period, by signing an Addendum, in common understanding between the parties. CLAUSE FOURTEEN. Any question relating to this Agreement for the Mobility of Students will be resolved by an Arbitration Board, consisting of one member appointed by each institution participant plus one member elected by mutual understanding.

Related to CLAUSE TEN

  • Remedies Upon Default Upon the occurrence and during the continuance of an Event of Default, it is agreed that the Collateral Agent shall have the right to exercise any and all rights afforded to a secured party with respect to the Secured Obligations, including the Guarantees, under the Uniform Commercial Code or other applicable Law and also may (i) require each Grantor to, and each Grantor agrees that it will at its expense and upon request of the Collateral Agent promptly, assemble all or part of the Collateral as directed by the Collateral Agent and make it available to the Collateral Agent at a place and time to be designated by the Collateral Agent that is reasonably convenient to both parties; (ii) occupy any premises owned or, to the extent lawful and permitted, leased by any of the Grantors where the Collateral or any part thereof is assembled or located for a reasonable period in order to effectuate its rights and remedies hereunder or under Law, without obligation to such Grantor in respect of such occupation; provided that the Collateral Agent shall provide the applicable Grantor with notice thereof prior to such occupancy; (iii) exercise any and all rights and remedies of any of the Grantors under or in connection with the Collateral, or otherwise in respect of the Collateral; provided that the Collateral Agent shall provide the applicable Grantor with notice thereof prior to such exercise; and (iv) subject to the mandatory requirements of applicable Law and the notice requirements described below, sell or otherwise dispose of all or any part of the Collateral securing the Secured Obligations at a public or private sale or at any broker’s board or on any securities exchange, for cash, upon credit or for future delivery as the Collateral Agent shall deem appropriate. The Collateral Agent shall be authorized at any such sale of securities (if it deems it advisable to do so) to restrict the prospective bidders or purchasers to Persons who will represent and agree that they are purchasing the Collateral for their own account for investment and not with a view to the distribution or sale thereof, and upon consummation of any such sale the Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Collateral so sold. Each such purchaser at any sale of Collateral shall hold the property sold absolutely, free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by Law) all rights of redemption, stay and appraisal which such Grantor now has or may at any time in the future have under any Law now existing or hereafter enacted. The Collateral Agent shall give the applicable Grantors 10 days’ written notice (which each Grantor agrees is reasonable notice within the meaning of Section 9-611 of the UCC or its equivalent in other jurisdictions) of the Collateral Agent’s intention to make any sale of Collateral. Such notice, in the case of a public sale, shall state the time and place for such sale and, in the case of a sale at a broker’s board or on a securities exchange, shall state the board or exchange at which such sale is to be made and the day on which the Collateral, or portion thereof, will first be offered for sale at such board or exchange. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral Agent may fix and state in the notice (if any) of such sale. At any such sale, the Collateral, or portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In case any sale of all or any part of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur any liability in case any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in case of any such failure, such Collateral may be sold again upon like notice. At any public (or, to the extent permitted by Law, private) sale made pursuant to this Agreement, any Secured Party may bid for or purchase, free (to the extent permitted by Law) from any right of redemption, stay, valuation or appraisal on the part of any Grantor (all said rights being also hereby waived and released to the extent permitted by Law), the Collateral or any part thereof offered for sale and may make payment on account thereof by using any claim then due and payable to such Secured Party from any Grantor as a credit against the purchase price, and such Secured Party may, upon compliance with the terms of sale, hold, retain and dispose of such property without further accountability to any Grantor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the Collateral Agent shall be free to carry out such sale pursuant to such agreement and no Grantor shall be entitled to the return of the Collateral or any portion thereof subject thereto, notwithstanding the fact that after the Collateral Agent shall have entered into such an agreement all Events of Default shall have been remedied and the Secured Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, the Collateral Agent may proceed by a suit or suits at Law or in equity to foreclose this Agreement and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this Section 4.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the UCC or its equivalent in other jurisdictions.

  • REMEDIES AND WAIVERS No failure to exercise, nor any delay in exercising, on the part of any Finance Party, any right or remedy under the Finance Documents shall operate as a waiver, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise or the exercise of any other right or remedy. The rights and remedies provided in this Agreement are cumulative and not exclusive of any rights or remedies provided by law.

  • Without prejudice to Clause 16.1 the Employer shall:

  • LESSOR'S REMEDIES ON DEFAULT If Lessee defaults in the payment of rent or defaults in the performance of any of the other covenants or conditions hereof, Lessor may give Lessee notice of such default and if Lessee does not cure any such default within thirty (30) days after the giving of such notice (or if the default is of a nature that it cannot be completely cured within such period, if Lessee does not commence such cure within such thirty (30) days and thereafter proceed with reasonable diligence and in good faith to cure such default), then Lessor may terminate this Lease on not less than thirty (30) days' notice to Lessee. On the date specified in such notice, the term of this Lease shall terminate and Lessee shall then quit and surrender the Premises to Lessor, without extinguishing Lessee’s liability. If this Lease shall have been so terminated by Lessor, Lessor may at any time thereafter resume possession of the Premises by any lawful means and remove Lessee or other occupants and their effects.

  • Rights and Remedies Upon Default Upon occurrence of any Event of Default and at any time thereafter, the Secured Party shall have the right to exercise all of the remedies conferred hereunder and under the Notes, and the Secured Party shall have all the rights and remedies of a secured party under the UCC and/or any other applicable law (including the Uniform Commercial Code of any jurisdiction in which any Collateral is then located). Without limitation, the Secured Party shall have the following rights and powers:

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