For all contractual penalties agreed in this Purchase agreement Sample Clauses

For all contractual penalties agreed in this Purchase agreement the payment of the contractual penalty means full and any compensation for damage caused by a breach of the obligation to which the contractual penalty applies to. Payment of the contractual penalty does not affect the obligation to fulfil the obligation secured by the contractual penalty or to eliminate the defective status. A contractual penalty can be demanded regardless of culpability. For avoidance of any doubt, where the maximum amount of the contractual penalty is expressly stated, it shall not exceed such amount. Withdrawal from the Purchase agreement does not affect the right to pay a contractual penalty in the amount incurred until the withdrawal takes effect.
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Related to For all contractual penalties agreed in this Purchase agreement

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Definitions As used in this Agreement:

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

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