Limited Right To Rescind Sample Clauses

Limited Right To Rescind. Notwithstanding anything to the ------------------------ contrary herein, the effective date (the "Effective Date") of this Agreement shall be the earliest date by which all of the following have occurred: (i) the Sublease has been executed by Buyer and Seller, and (ii) the Master Landlord (as defined therein) has consented to the Sublease. This Agreement shall be conditioned upon, and shall be of no force or effect until, the occurrence of the Effective Date. If the Effective Date does not occur, for any reason whatsoever, on or before November 30, 1997, each party shall have the right to rescind this Agreement by giving written notice to the other party after November 30, 1997 but prior to the Effective Date, in which event this Agreement shall be null and void and of no legal force or effect whatsoever.
Sample 1
Limited Right To Rescind. 20.1. Customer initiating a transaction with Trading for the first time has a limited right to rescind this Agreement and his first transaction. Customer may rescind such transaction during a period of three (3) business days (Saturdays count as a business day) after receiving written confirmation that the customer made the purchase or sale. If Customer chooses to rescind his transaction, Customer shall be assessed any actual price losses accruing from the time at which Customer entered into his purchase or sale to the time that the transaction is rescinded. In the event of a rescission Customer will not be assessed any charges or fees, such as commissions or gradational fees, but will be responsible for the trading spread or credit finance charges accrued and actual price losses, if any. Actual price losses accruing to the position are calculated by subtracting the Trading ask price of the commodity at the time the transaction was rescinded from the Trading ask price at which the commodity was purchased or, in the case of a commodity sale, by subtracting the Trading bid price from the Trading bid price at which the commodity was sold. Customer shall not be entitled to any gains accruing on a rescinded transaction. Customer may rescind his transaction by sending (suggested by overnight mail, with electronic tracking) a written notice of rescission to or by a telephone call to Trading’s Compliance Department 0-000-000-0000. After telephone rescission, the rescinding Customer must send written affirmation of his rescission by overnight mail, with electronic tracking to Centurian Trading LLC., 49QC+H9X, Main St. Charlestown, St. Kitts & Nevis within 24 hours and been completed in Xxxxxx Town, Nevis, the contract will be deemed to be executed and initial payment monies and subbsequent monies paid by Customer will be delivered to and paid in 49QC+H9X, Main St. Charlestown, St. Kitts & Xxxxxxxx written confirmation of each transaction will be deemed provided from H49QC+H9X, Main St. Charlestown, St. Xxxxx & Xxxxx, notwithstanding from whence said statements were actually sent. Customer and Trading agree that 49QC+H9X, Main St. Charlestown, St. Xxxxx & Nevis is a mutually and reasonably convenient place for any hearing concerning disputes relating to this Agreement. Photocopies, facsimile, scanned copies of this agreement and electronic confirmations shall be afforded the same status as a signed original of this agreement.
Sample 1

Related to Limited Right To Rescind

  • Right to Rescind You have the right to rescind this Agreement within three (3) business days of your receipt of this Agreement by contacting Starion at: 0-000-000-0000; xxxxxx@xxxxxxxxxxxxx.xxx; or P.O. Box 845, Middlebury, CT 06762.

  • Right to Revoke Employee may revoke this Agreement by notice to Company, in writing, received within seven (7) days of the date of its execution by Employee (the “Revocation Period”). Employee agrees that Employee will not receive the benefits provided by this Agreement if Employee revokes this Agreement. Employee also acknowledges and agrees that if Company has not received from Employee notice of Employee’s revocation of this Agreement prior to the expiration of the Revocation Period, Employee will have forever waived Employee’s right to revoke this Agreement, and this Agreement shall thereafter be enforceable and have full force and effect.

  • Right to Reject The Department reserves the right to accept or reject all proposals, or separable portions thereof, and to waive any minor irregularity, technicality, or omission if the Department determines that doing so shall serve the Department’s best interests. The Department may reject any proposal not submitted in the manner specified by the solicitation documents.

  • Right to Relet If the Landlord elects to re-enter the Demised Premises as herein provided, or if it takes possession pursuant to legal proceedings or pursuant to any notice provided for by law, it may either terminate this Lease or it may from time to time without terminating this Lease make such alterations and repairs as are necessary in order to relet the Demised Premises or any part thereof for such term or terms (which may be for a term extending beyond the Term) and at such Rent and upon such other terms, covenants and conditions as the Landlord in its sole discretion considers advisable. Upon each such reletting all rent received by the Landlord from such reletting shall be applied first, to the payment of any indebtedness other than Rent due hereunder from the Tenant to the Landlord; second, to the payment of any costs and expenses of such reletting, including brokerage fees, and solicitor’s fees and of costs of such alterations and repairs; third, to the payment of Rent due and unpaid hereunder; and the residue, if any, shall be held by the Landlord and applied in payment of future rent as the same becomes due and payable hereunder. If such Rent received from such reletting during any month is less than that to be paid during that month by the Tenant hereunder, the Tenant shall pay any such deficiency which shall be calculated and paid monthly in advance on or before the first day of each and every month. No such re-entry or taking possession of the Demised Premises by the Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention is given to the Tenant. Notwithstanding any such reletting without termination the Landlord may at any time thereafter elect to terminate this Lease for such previous breach. If the Landlord at any time terminates this Lease for any breach, in addition to any other remedies it may have, it may recover from the Tenant all damages it incurs by reason of such breach, including the cost of recovering the Demised Premises, solicitor’s fees (on a solicitor and client basis) and including the worth at the time of such termination of the excess, if any, of the amount of Rent and charges equivalent to Rent required to be paid pursuant to this Lease for the remainder of the stated Term over the then reasonable rental value of the Demised Premises for the remainder of the stated Term, all of which amounts shall be immediately due and payable by the Tenant to the Landlord. In any events referred to in Section 11.1(e), in addition to any and all other rights, including the rights referred to in this Section and in Section 11.1(e), the full amount of the current month’s instalment of Additional Rent and any other payments required to be made monthly hereunder, together with the next three months instalments for Additional Rent, all of which shall be deemed to be accruing due on a day-to-day basis, shall immediately become due and payable as accelerated Rent, and the Landlord may immediately distrain for the same, together with any arrears then unpaid.

  • Right to Review TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSP, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSP, provided however, such modifications must be commercially available to PSP. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

  • Right to Respond Employees will be given a copy of any and all material that may be used against them in a disciplinary action at the time that it is placed in the file. Explanatory rebuttal statements can be attached to the material housed in the file provided such statement is made within ten (10) working days after the employee receives the material. Any reference to allegations that are investigated and determined to be unfounded shall be removed from an employee’s file.

  • Right to Refuse Employees have the right to refuse to undergo drug and alcohol testing. If an employee refuses to undergo drug or alcohol testing requested or required by the Employer, no such test shall be given.

  • Right to request 7.4.4(a) An employee entitled to parental leave pursuant to the provisions of 7.4.2 may request the employer to allow the employee:

  • Right to Redeem The Board of Directors of the Company may, at its option, at any time prior to a Trigger Event, redeem all but not less than all of the then outstanding Rights at a redemption price of $.01 per Right, appropriately adjusted to reflect any stock split, stock dividend, recapitalization or similar transaction occurring after the date hereof (such redemption price being hereinafter referred to as the "Redemption Price"), and the Company may, at its option, pay the Redemption Price in Common Shares (based on the "current per share market price," determined pursuant to Section 11.4, of the Common Shares at the time of redemption), cash or any other form of consideration deemed appropriate by the Board of Directors. The redemption of the Rights by the Board of Directors may be made effective at such time, on such basis and subject to such conditions as the Board of Directors in its sole discretion may establish.

  • Right to Re-enter In the event of any such default by Tenant, Landlord shall have the right, after terminating this Lease, to re-enter the Premises and remove all persons and property. Such property may be removed and stored in a public warehouse or elsewhere at the cost of and for the account of Tenant, and disposed of by Landlord in any manner permitted by law.