ESCAPE CLAUSE. At the beginning of each school year, a faculty may void an existing Shared Decision-Making arrangement by a two-thirds (2/3) vote in an election supervised by UTR and the District. At the beginning of each school year, the principal can appeal to the DSACC to void an existing Shared Decision-Making arrangement; however, the DSACC must approve such an appeal by a majority vote. This does not prohibit a site or department from submitting a new proposal at a future date.
ESCAPE CLAUSE. In the event that one or more provisions of these terms and conditions of sale and delivery shall be or become unenforceable this shall have no effect on the validity of the remaining provisions and on the contract as a whole.
ESCAPE CLAUSE. This agreement is entered into on the basis of the economic and regulatory data presently in force. Accordingly, if, subsequent to circumstances of an economic or regulatory order outside of the control of the parties occurring after the date of entry into effect hereof and disrupting the general organisation relating to the recovery and recycling of batteries and accumulators, or if the economy of the contractual relationship were to be modified in any significant manner, the parties agree to consult one another to restore the situation, in the spirit of this agreement, and to negotiate the revision of the provisions involved in good faith.
ESCAPE CLAUSE. It is expressly agreed that, notwithstanding any other provisions of this contract, the purchaser shall not incur any penalty by forfeiture of xxxxxxx deposit or otherwise be obligated to complete the purchase of the property described herein, if the contract purchase price or cost exceeds the reasonable value of the property established by the V.A. The purchaser shall, however have the privilege and option to proceedings with the consummation of this contract without regard to the amount of reasonable value established by the V.A. Seller_ Buyer_ Date Date Seller_ Buyer_ Date Date It is expressly agreed that notwithstanding any other provisions of this contract, the purchase shall NOT be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of xxxxxxx money deposits or otherwise unless the purchaser has been given in accordance with HUD, FHA or VA requirements a written statement by the Federal Housing Commission, Veterans Administration, or a Direct Endorsement lender setting forth the appraised value of the property of not less than $ . The purchaser shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value not the condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable. The dollar amount to be inserted in the amendatory clause is the sales price stated in the contract. If the borrower and seller agree to adjust the sales price in response to an appraised value that is less than the sales price, a new amendatory clause is NOT required. However, the loan application package must include the original sales contract with the same price as shown on the amendatory clause along with the revised or amended sale contract. Seller_ Buyer_ Date Date Seller_ Buyer_ Date Date FHA DOES NOT WARRANT THE VALUE OF THE CONDITION OF A HOME! While FHA requires the lender to have an appraiser determine the value of the property, it is an estimate only and is used to determine the amount of the mortgage FHA will insure and if the condition of the property make it eligible for FHA mortgage insurance. It is not, however, a guarantee that the property is free of defects. As the purchaser, YOU should carefully ex...
ESCAPE CLAUSE. Except as provided in Article XXXVI this Agreement may be opened during the life of said Agreement by mutual agreement signed by the negotiating agents, which Agreement shall contain the matters to be considered, it being strictly understood and agreed that this clause will not be invoked to provide for change of wages or for more stringent working conditions to the economic detriment of the Party of the First Part. Neither will this clause be invoked for any purpose deemed detrimental to the State of Indiana District Council or any of its affiliated Local Unions.
ESCAPE CLAUSE. In case the Bank should not be able to grant or renew Advances in the currency requested by the Borrower owing to any present or future currency restrictions or similar circumstances (i.e. initiated by Central Banks, Governments or any other public authority or body) the Bank reserves the right to advance another freely available currency at that date. The Bank’s opinion as to whether a currency is available or not shall be conclusive and binding on the Borrower, except in case of manifest error.
ESCAPE CLAUSE. 1. If current or future stipulations in this contract are not legal or practicable or later lose their legality or practicability, totally or partly, the validity of the other stipulations in this agree- ment is not affected. This also applies if it turns out that the agreement contains deficiencies.
2. Instead of the ineffective or impracticable stipulation or for completion of the deficiency, a suitable arrangement should apply that the parties would have agreed upon if they had thought of the matter at the entering into the agreement. This also applies when the ineffectiveness af- fects the extent of a service or time limit stated in this agreement; in such cases, the agreed service or time limit is replaced by the closest possible legal extent of the service or time limit.
3. If the effect of a stipulation in accordance with the above can only be achieved through agreement on and with consideration for particular formal provisions, the parties will be obli- gated to carry out the required actions and give the necessary statements.
ESCAPE CLAUSE. Depending on the amount of the equity ratio of the enterprise compared to the equity ratio of the group, an unlimited deduction of interest payable is possible in certain cases, the inter- est deduction ceiling does not apply.
ESCAPE CLAUSE. If any one or more of the terms set forth in the agree- ment and/or Terms and Conditions of Purchase are invalid for any reason, this shall not affect the validity of the remaining terms for the rest. The contracting parties shall moreover in such a case be obliged to replace the invalid clause by a legally permissible clause approxi- mating the desired purpose of the contract in the best possible way.
ESCAPE CLAUSE. Except as provided in Article XXXVI this Agreement may be opened during the life of said Agreement by mutual agreement signed by the negotiating agents, which Agreement
