Excused Sample Clauses
Excused. The Underwriter may terminate this Purchase Contract, without any liability therefor, by notification to the District if as of the Closing Date any of the following shall have had a material adverse effect on the marketability or market price of the Bonds, [or the ability of the Underwriter to enforce contracts for the resale of the Bonds], in the reasonable opinion of the Underwriter, upon consultation with the District:
(A) There shall have occurred and be continuing the declaration of a general banking moratorium by any authority of the United States or the State of New York or the State of California;
(B) There shall be in force a general suspension of trading or other material restrictions not in force as of the date hereof on the New York Stock Exchange or other national securities exchange;
(C) Legislation shall have been introduced in or adopted by either House of the Congress of the United States or recommended to the Congress or otherwise endorsed for passage by the President of the United States, the Treasury Department of the United States, the Internal Revenue Service or the chairman or ranking minority member of the Committee on Finance of the United States Senate or the Committee on Ways and Means of the United States House of Representatives, or legislation is formally proposed for consideration by either such committee, or by the staff of the Joint Committee on Taxation of the Congress of the United States, [or a decision rendered by a court established under Article III of the Constitution of the United States or by the United States Tax Court, or an order, ruling, regulation or official statement by or on behalf of the United States Treasury Department or Internal Revenue Service], the effect of which would eliminate the exclusion of interest on the Bonds from gross income for federal income tax purposes, or legislation shall have been enacted by the State of California which renders interest on the Bonds not exempt from State of California personal income taxes;
(D) Legislation shall have been enacted [or introduced in Congress or recommended for passage by the President of the United States], or a decision of a court of the United States shall have been rendered or any action shall have been taken by, or on behalf of, the Securities and Exchange Commission or any other governmental agency having jurisdiction in the subject matter which, in the opinion of Bond Counsel, has the effect of requiring the contemplated distribution of the Bon...
Excused. An absence, tardiness or early departure may be excused if due to personal illness, illness or death in the family, impassable roads due to inclement weather, religious observance, quarantine, required court appearances, attendance at health clinics, approved college visits, approved cooperative work programs, military obligations or other reasons as may be approved by the Board.
Excused. An Employee shall perform the temporary assignment unless excused for valid reasons.
Excused. ABSENCES
Section 1. Unit employees are encouraged to serve as blood donors to the on-site mobile or when the Employer is contacted by an authorized blood donor facility because of an emergency.
Section 2. Employees may be granted excused absences for other purposes if specified in accordance with regulations.
Section 3. Management Officials, as authorized, xxx xxxxx excused absences for up to 59 minutes.
Section 4. Two incidents of tardiness of less than 15 minutes per year may be excused by the Employer.
Excused. I understand that when I accumulate fifteen (15) days of excused absences in a year, documentation from a Licensed Health Care Practitioner (LHP) will be required to excuse future absences due to illness/medical condition. Without documentation, the absence will be considered unexcused.
Excused absences are approved personal leave, jury duty, leave related to a work injury, qualified disability leave or accommodations, and any other leave provided by the applicable employment standards, or at the discretion of management approval.
Excused. Subject to the Party affected by the Delay Event giving the notice required in Section 15.2(a), a Delay Event shall excuse the Party affected by the Delay Event from whatever performance is prevented by the Delay Event referred to in such notice for such appropriate number of days as the Authority and the Lessee jointly determine, each acting reasonably. If the Authority and the Lessee cannot agree upon the period of delay, then either Party shall be entitled to refer the matter to the dispute resolution procedure in Article 19. This Section 15.2(b) shall neither (i) excuse the Lessee from the performance and observance under this Agreement of any obligations and covenants not affected by the Delay Event nor (ii) prevent any of the Authority or its Representatives (or their respective designee) from exercising its rights under Section 3.7. Notwithstanding the occurrence of a Delay Event, the Party affected by the Delay Event shall continue its performance and observance under this Agreement of all of its obligations and covenants to the extent that it is reasonably able to do so and shall use its Reasonable Efforts to minimize the effect and duration of the Delay Event. Except as contemplated in the definition of Delay Event, nothing herein shall permit or excuse noncompliance with a change to applicable Laws.
Excused. Xx. Xxxxxxx XXXXXXXX, Directeur, Centre européen pour les risques géomorphologiques, CERG, 0 xxx xx x'Xxxxxxx, X – 00000 XXXXXXXXXX XXXXX / XXXXXX
Excused. The Representative shall have the right, beginning 10 days prior to the Settlement Date, by written notice to the District, to cancel the obligation of the Underwriters to purchase the Refunding Bonds and to terminate this Agreement (except for the provisions of Section 10, which shall survive any such cancellation and termination), if, in the Representative’s sole and reasonable judgment, any of the following events shall occur during that time and cause the market price or marketability of the Refunding Bonds, or the ability of the Representative to enforce contracts for the sale of the Refunding Bonds, to be materially adversely affected:
(A) There shall have been a Change in Law. A “Change in Law” means
(i) any change in or addition to applicable federal or state law, whether statutory or as interpreted by the courts or by federal or state agencies, including any changes in or new rules, regulations or other pronouncements or interpretations by federal or state agencies; (ii) any legislation enacted by the Congress of the United States (if such enacted legislation has an effective date which is on or before the Settlement Date); (iii) any law, rule or regulation enacted by any governmental body, department or agency (if such enacted law, rule or regulation has an effective date which is on or before the Settlement Date); or (iv) any judgment, ruling or order issued by any court or administrative body, which in any such case would, (A) as to the Underwriters, prohibit the Underwriters from completing the underwriting of the Refunding Bonds or selling the Refunding Bonds or beneficial ownership interests therein to the public, or (B) as to the District, would make the completion of the issuance, sale or delivery of the Refunding Bonds illegal;
(B) As a result of any legislation, regulation, ruling, order, release, court decision or judgment or action by the U.S. Department of the Treasury, the Internal Revenue Service, or any agency of the State either enacted, issued, effective, adopted or proposed (but only with respect to any such proposed legislation, regulation, ruling, order, release, court decision or judgment or action that continues to be proposed as of the Settlement Date), or for any other reason Bond Counsel cannot issue an opinion substantially in the form of Appendix C to the Official Statement as to the tax-exempt status of interest on the Refunding Bonds;
(C) There shall have occurred (1) an outbreak or escalation of hostilities or the de...
Excused absences include illness and funeral leave; however supervisors must be notified. All other business will need approval through your Supervisor.