Contractual Stay Sample Clauses

Contractual Stay. You acknowledge that the provisions regarding the temporary suspension of termination rights and other contractual rights pursuant to sections 82 to 84, 144(3), and 169(5) numbers 3 and 4 of the German Recovery and Resolution Act (Sanierungs- und Abwicklungsgesetz) may be applied to the "liability" (Verbindlichkeit) of RBC EG, and any affiliated entity (gruppenangehöriges Unternehmen) of RBC EG, each as defined in Section 60a of the German Recovery and Resolution Act and you accept a suspension of termination rights and other contractual rights pursuant to Sections 82 to 84, 144(3) and 169(5) numbers 3 and 4 of the German Recovery and Resolution Act may be applied to the "liability" of RBC EG, and any affiliated entity of RBC EG.
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Contractual Stay. (a) The parties hereto agree that, notwithstanding any conflicting terms of this Agreement, unless the Lender is an Excluded Counterparty, if (i) a Crisis Prevention Measure, (ii) a Crisis Management Measure or (iii) a Recognised Third-Country Resolution Action, is taken in relation to the Borrower (or any of its affiliates), Lender and Ship Finance shall be only entitled to exercise Termination Rights under, or rights to enforce a Security Interest in connection with, this Agreement to the extent that they would be entitled to do so under the Special Resolution Regime if this Agreement were governed by the laws of any part of the United Kingdom. (b) For the purpose of Section 19(a), section 48Z of the Banking Act 2009 is to be disregarded to the extent that it relates to a Crisis Prevention Measure other than the making of a mandatory reduction instrument by the Bank of England under section 6B of the Banking Xxx 0000. (c) For purposes of Section 19:
Contractual Stay. (i) With effect from the Effective Date, CS and Counterparty agree that, notwithstanding any conflicting terms of this Confirmation, if a: (A) Crisis Prevention Measure; (B) Crisis Management Measure; or (C) Recognised Third-Country Resolution Action is taken in relation to CS or any member of CS’s Group, Counterparty shall be only entitled to exercise Termination Rights under, or rights to enforce a Security Interest in connection with, this Confirmation to the extent that Counterparty would be entitled to do so under the Special Resolution Regime if this Confirmation were governed by the laws of any part of the United Kingdom. (ii) Section 48Z of the Banking Act 2009 is to be disregarded to the extent that it relates to a Crisis Prevention Measure other than the making of a mandatory reduction instrument by the Bank of England under section 6B of the Banking Xxx 0000. (iii) For the purposes of this Section 3(w):

Related to Contractual Stay

  • 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.

  • 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.

  • Contractual Documents Model Performance Bond

  • CONTRACTUAL TERMS [Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions (the “Conditions”) set forth in the Prospectus dated [ ] [and the supplement[s] to it dated [ ]] which [together] constitute[s] a base prospectus for the purposes of the Prospectus 1 This date reference should not be included in Final Terms for offers concluded on or after 1 January 2018. Directive. This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Prospectus[, as supplemented]. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus[, as supplemented]. The Prospectus [and the supplements] to it] [has / have] been published on the website xxxx://xxx.xxxxxxxxx.xx.xx/uk/about-santander-uk/investor-relations.] [Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions (the "Conditions") set forth in the Prospectus/[Information Memorandum] dated [ ] [and the supplement[s] to it dated [ ]] which are incorporated by reference in the Prospectus dated [ ]. This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Prospectus dated [ ] [and the supplement[s] to it dated [ ]] which [together] constitute[s] a base prospectus for the purposes of the Prospectus Directive. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus dated [ ] [and the supplement[s] to it dated [ ]]. Copies of such Information Memoranda and Prospectus [and the supplements] to [it] [them] have been published on the website xxxx://xxx.xxxxxxxxx.xx.xx/uk/about-santander-uk/investor-relations.]

  • Compliance with Laws and Material Contractual Obligations Each Loan Party will, and will cause each Subsidiary to, (i) comply with each Requirement of Law applicable to it or its property (including without limitation Environmental Laws) and (ii) perform in all material respects its obligations under material agreements to which it is a party, except, in each case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. Each Loan Party will maintain in effect and enforce policies and procedures designed to ensure compliance by such Loan Party, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions.

  • 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.

  • Maximum Contractual Obligation 13 The maximum obligation of COUNTY under this Agreement shall be 14 $220,000, or actual allowable costs, whichever is less.

  • Other Contractual Arrangements 8.1 Escrow Agent Not a Trustee The Escrow Agent accepts duties and responsibilities under this Agreement, and the escrow securities and any share certificates or other evidence of these securities, solely as a custodian, bailee and agent. No trust is intended to be, or is or will be, created hereby and the Escrow Agent shall owe no duties hereunder as a trustee.

  • 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.

  • Other Contractual Rights Nothing contained in this Article shall affect any right to indemnification to which Persons other than Trustees and officers of the Trust or any subsidiary thereof may be entitled by contract or otherwise.

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