Contractual Repurchase Sample Clauses

Contractual Repurchase. This method is named ‘rachat’ in French Law. Although some argue that this method can be divided into two, namely forced repurchase and contractual repurchase, it is accepted that forced repurchase is essentially an an- nulment for the public interest. Contractual purchase, on the other hand, involves the concession giving ad- ministration taking over the public service from the con- cession owning private legal person in exchange for the compensation, before the expiration date of the contract. The reason that this method is considered to be contrac- tual despite its unilateral nature is the fact that such a termination is stipulated in the relevant contract.40
Sample 1
AutoNDA by SimpleDocs

Related to Contractual Repurchase

  • SUBCONTRACTUAL RELATIONS 5.3.1 By written agreement, the Contractor shall require each Subcontractor, to the extent of the Work to be performed by the Subcontractor, to be bound to the Contractor by the terms of the Contract Documents, and to assume toward the Contractor all the obligations and responsibilities

  • Contractual Rights The right to be indemnified or to receive advancement of Expenses under this Agreement (i) is a contract right based upon good and valuable consideration, pursuant to which Indemnitee may xxx, (ii) is and is intended to be retroactive and shall be available as to events occurring prior to the date of this Agreement and (iii) shall continue after any rescission or restrictive modification of this Agreement as to events occurring prior thereto.

  • Maximum Contractual Obligation The maximum obligation of COUNTY under this Agreement shall not 12 exceed the amount of $9,750,000, or actual allowable costs, whichever is less.

  • Contractual Consents The Corporation and/or the Shareholders shall have given all notices to, and obtained all consents, approvals or authorizations of or from, any individual, corporation or other party which may be necessary to permit the consummation of the transactions contemplated hereby (including, without limitation, any consents required under the Contracts).

  • Contractual Obligations and Similar Investments From time to time, the Fund's Investments may include Investments that are not ownership interests as may be represented by certificate (whether registered or bearer), by entry in a Securities Depository or by Book-Entry Agent, registrar or similar agent for recording ownership interests in the relevant Investment. If the Fund shall at any time acquire such Investments, including without limitation deposit obligations, loan participations, repurchase agreements and derivative arrangements, the Custodian shall (a) receive and retain, to the extent the same are provided to the Custodian, confirmations or other documents evidencing the arrangement; and (b) perform on the Fund's account in accordance with the terms of the applicable arrangement, but only to the extent directed to do so by Instruction. The Custodian shall have no responsibility for agreements running to the Fund as to which it is not a party other than to retain, to the extent the same are provided to the Custodian, documents or copies of documents evidencing the arrangement and, in accordance with Instruction, to include such arrangements in reports made to the Fund.

  • CONTRACTUAL TERMS Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions (the Terms and Conditions) set forth in the Prospectus dated [⚫] 2021 [and the supplement[s] to it dated [⚫] [and [date]] which [together] constitute[s] a base prospectus (the Prospectus) for the purposes of Regulation (EU) 2017/1129 (the Prospectus Regulation) and UK Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (the EUWA) (the UK Prospectus Regulation) This document constitutes the Final Terms of the Covered Bonds described herein for the purposes of the Prospectus Regulation and the UK Prospectus Regulation and must be read in conjunction with such Prospectus. Full information on the Issuer, the LLP and the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus [and the supplemental Prospectus dated [date]]. The Prospectus is published on the website of the London Stock Exchange and is available for viewing at Xxxxx Xxxxxx Xxxxx, 000 Xxxxxx Xxxxxx, Edinburgh EH2 4LH and the Issuer's website (xxx.xxx.xx.xx/xxxxxxxxx/xxxx-xxxxxxxxx), and copies may be obtained during normal business hours from TSB Bank plc, Xxxxx Xxxxxx Xxxxx, 000 Xxxxxx Xxxxxx, Edinburgh EH2 4LH. [Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions (the Terms and Conditions) set forth in the prospectus dated [⚫] which are incorporated by reference into the Prospectus dated [⚫] 2021 [and the supplement[s] to it dated [⚫] [and [date]] which [together] constitute[s] a base prospectus (the Prospectus) for the purposes of Regulation (EU) 2017/1129 (the Prospectus Regulation) and UK Prospectus Regulation (Regulation (EU) 2017/1129) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (EUWA) (the UK Prospectus Regulation).This document constitutes the Final Terms of the Covered Bonds described herein for the purposes of the Prospectus Regulation and the UK Prospectus Regulation and must be read in conjunction with the Prospectus. Full information on the Issuer, the LLP and the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus dated [current date] [and the supplemental Prospectus dated [date]]. The Prospectus and the Terms and Conditions are published on the website of the London Stock Exchange and are available for viewing at Xxxxx Xxxxxx Xxxxx, 000 Xxxxxx Xxxxxx, Edinburgh EH2 4LH and the Issuer's website (xxx.xxx.xx.xx/xxxxxxxxx/xxxx-xxxxxxxxx), and copies may be obtained during normal business hours from TSB Bank plc, Xxxxx Xxxxxx House, 120 Xxxxxx Street, Edinburgh EH2 4LH.]

  • Contractual Obligations Promptly, the occurrence of any default or event of default under any Contractual Obligation of any member of the Consolidated Group which would reasonably be expected to have a Material Adverse Effect.

  • EXTRA CONTRACTUAL OBLIGATIONS In the event Retrocedant or Retrocessionaire is held liable to pay any punitive, exemplary, compensatory or consequential damages because of alleged or actual bad faith or negligence related to the handling of any claim under any Reinsurance Contract or otherwise in respect of such Reinsurance Contract, the parties shall be liable for such damages in proportion to their responsibility for the conduct giving rise to the damages. Such determination shall be made by Retrocedant and Retrocessionaire, acting jointly and in good faith, and in the event the parties are unable to reach agreement as to such determination, recourse shall be had to Article XV hereof.

  • WAIVER OF CONTRACTUAL RIGHT The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Agreement.

  • CONTRACTUAL AGREEMENT This Invitation for Bids shall be included and incorporated in the final contract or purchase order. The order of contract precedence will be the contract (purchase order), bid document, and response. Any and all legal actions associated with this Invitation for Bids and/or the resultant contract (purchase order) shall be governed by the laws of the State of Florida. Venue for any litigation involving this contract shall be the Ninth Circuit Court in and for Orange County, Florida.

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