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. 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. 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. 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. 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 FEDERAL HOUSING ADMINISTRATION (FHA) AMENDATORY CLAUSE [4155.2 REV-4 (6/92)] 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 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FEDERAL HOUSING ADMINISTRATIVE IMPORTANCE OF HOME INSPECTIONS 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 co...
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 transferable currency available 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 a 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.
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. (1) If clauses of this agreement or a clause included in it in future are fully or partially legally invalid or not executable or later lose their validity or practicability, the validity of the other clauses is not affected. The same applies if it should be shown that the agreement has a gap in the regulations.
ESCAPE CLAUSE. (a) The parties agree to work together in good faith to resolve issues of interpretation, application or administration of this supplementary agreement using all current avenues available. If the parties are unable to resolve an issue after exhausting the above either party may cancel the terms of this supplementary agreement by written notice at least 180 days in advance.
