Mandatory Provisions Sample Clauses

Mandatory Provisions. Notwithstanding any provision in this managing general agent’s contract or any other written, oral or parol agreement to the contrary, the following provisions are binding upon the insurer and the managing general agent: (1) The insurer may terminate the contract for cause upon written notice to the managing general agent. The insurer may suspend the underwriting authority of the managing general agent during the pendency of any dispute regarding the cause for termination. Nothing in this section is intended to relieve the managing general agent or insurer of any other contractual obligation; (2) The managing general agent will render accounts to the insurer detailing all transactions and remit all funds due under the contract to the insurer on not less than a monthly basis; (3) All funds collected for the account of an insurer will be held by the managing general agent in a fiduciary capacity in a segregated account in a bank which is a member of the Federal Reserve System. This account shall be used for all payments on behalf of the insurer and for no other purpose. The managing general agent may retain no more than three (3) months, estimated claims payments and allocated loss adjustment expenses; (4) Separate records of business written by the managing general agent shall be maintained. The insurer shall have access and right to copy all accounts and records related to its business in a form usable by the insurer, and the Insurance Commissioner of the State of Arkansas shall have access to all books, bank accounts and records of the managing general agent in a form usable to the Commissioner. Such records shall be retained for a minimum of five (5) years following the transactions to which the records relate. The insurer shall periodically, and not less often than semiannually, have access to conduct an on-site review of the underwriting and claims processing operations of the managing general agent; (5) This contract may not be assigned in whole or part by the managing general agent; (6) Appropriate underwriting guidelines are established in Article III of this managing general agent’s agreement; (7) The insurer shall retain the right to cancel or not renew any policy of insurance subject to the applicable laws and regulations concerning the cancellation and nonrenewal of insurance policies; (8) This managing general agent’s contract (does/does not) permit the managing general agent to settle claims on behalf of the insurer. If this managing general a...

Mandatory Provisions. The provisions found in Contractual Provisions Attachment (DA-146a) which is attached are incorporated by reference and made a part of this contract.

Mandatory Provisions. (a) To the extent that any part of this agreement, including any term of the Train Path Schedule, is inconsistent with a Tier 1 (Mandatory) Provision, the Tier 1 (Mandatory) Provision will prevail. (b) Any clause of this agreement which is a Tier 1 (Mandatory) Provision will be interpreted by reference to the objectives of the Access Undertaking, and the coal chain principles recognised by ARTC in the Access Undertaking.

Mandatory Provisions. All bolded provisions are terms that must be included in a tenancy agreement as prescribed by the Residential Tenancy Act regulations.

Mandatory Provisions. Renter agrees to complete all of the following actions which are mandatory in booking a stage and in the finalization of this agreement: 1) Renter shall review, sign and deliver the Stage Rental Agreement to Studio; 2) Renter shall provide 50% Payment Deposit to Studio; 3) Renter shall obtain commercial general liability insurance with the required coverage described in Section 10 - INSURANCE; 4) Renter shall provide a Certificate of Insurance as described in Section 12 - CERTIFICATE OF INSURANCE

Mandatory Provisions. A. Nondiscrimination in Employment The Government agrees: 1) not to discriminate in any manner against an employee or applicant for employment because of race, color, religion, creed, age, sex, marital status, national origin, ancestry, or physical or mental handicap unrelated in nature and extent so as reasonably to preclude the performance of such employment; 2) to include a provision similar to that contained in subsection (1), above, in any subcontract except a subcontract for standard commercial supplies or raw materials; and 3) to post and to cause subcontractors to post in conspicuous places available to employees and applicants for employment, notices setting forth the substance of this clause.

Mandatory Provisions. Where the Residential Tenancies Act 2010 (NSW) and/or the Residential Tenancies Regulations 2019 (NSW) implies Mandatory Provisions in this agreement: a. the Residential Tenancies Act 2010 (NSW) and/or the Residential Tenancies Regulations 2019 (NSW) overrides any term of this agreement which is inconsistent with the Mandatory Provisions; and b. the Mandatory Provisions are deemed to be incorporated into this agreement to the extent of the inconsistency.

Mandatory Provisions. Each Reclamation Trust Agreement must contain and‌ maintain certain Mandatory Provisions. The Mandatory Provisions are described in Exhibit 3. Proposed amendments to any Mandatory Provision in a Party’s Reclamation Trust Agreement are subject to review and approval by the Reclamation Investment Committee, as provided for in Section 6.3.6. A Party desiring to amend a Mandatory Provision must submit such proposed amendment to the Reclamation Investment Committee for prior review in accordance with procedures established by the Reclamation Investment Committee.

Mandatory Provisions. ‌ The Florida Department of Health has established certain requirements with respect to contracts. The use of “shall” “must” or “will” (except to indicate simple futurity) in this contract indicates a requirement or condition from which a material deviation may not be waived the Florida Department of Health. The words “should” or “may” in this contract indicate desirable attributes or conditions that are permissive in nature and may be waived by mutual contract and with the approval of such change by the Department.