Contingent Waiver Program Clause Samples

The Contingent Waiver Program clause establishes a mechanism by which certain rights or obligations are waived only if specific conditions or events occur. In practice, this means that a party's waiver of a contractual right—such as a claim for damages or enforcement of a provision—will only take effect if a defined contingency, like the achievement of a milestone or the occurrence of a triggering event, is met. This clause is used to provide flexibility in contract enforcement, allowing parties to manage risk and incentivize performance by making waivers conditional rather than automatic.
Contingent Waiver Program. If an employee does not use the employee tuition waiver benefit program or does not use the full six credit hour benefit during a semester or summer, then the spouse or dependents (up to the age of 26) of the employee may receive a tuition waiver for that semester or summer. The spouse or dependent may use up to six credit hours not used by the employee to enroll in eligible courses on a space-available basis per term. This contingent waiver may be used by up to two individuals during any given term.
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Related to Contingent Waiver Program

  • Compliance with Child, Family and Spousal Support Reporting Obligations Contractor’s failure to comply with state and federal child, family and spousal support reporting requirements regarding contractor’s employees or failure to implement lawfully served wage and earnings assignment orders or notices of assignment relating to child, family and spousal support obligations shall constitute a default under this Contract. Contractor’s failure to cure such default within ninety (90) days of notice by County shall be grounds for termination of this Contract.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Amendment, change and supplement Any amendment, change and supplement to this Agreement shall require the execution of a written agreement by all of the Parties.

  • Consents Under Agreements The Company shall have obtained the consent or approval of each Person whose consent or approval shall be required under any Contract to which the Company or any of its Subsidiaries is a party, except those for which the failure to obtain such consent or approval, individually or in the aggregate, is not reasonably likely to have a Company Material Adverse Effect or is not reasonably likely to prevent or to materially burden or materially impair the ability of the Company to consummate the transactions contemplated by this Agreement.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Conditions & Requirements