No Destruction Sample Clauses
The No Destruction clause prohibits parties from intentionally damaging, destroying, or altering certain property, documents, or materials relevant to the agreement. In practice, this clause may apply to physical assets, digital records, or evidence that could be important for ongoing obligations, audits, or potential disputes. Its core function is to preserve the integrity and availability of key items, thereby preventing loss of evidence or assets and ensuring that all parties can rely on the continued existence of important materials throughout the contract term.
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No Destruction. Owner shall not destroy, deface, injure, or interfere with the operation of any part of the System.
No Destruction. No party will destroy, or permit any of its Subsidiaries to destroy, any Information that exists on the Separation Date (other than Information that is permitted to be destroyed under the current record retention policies of either party) and that falls under the categories listed in Section 5.3(a), without first using its reasonable commercial efforts to notify the other party of the proposed destruction and giving the other party the opportunity to take possession of such Information prior to such destruction.
No Destruction. Since July 1, 2002, except as may be disclosed in Schedule 5.01(f), no destruction of, damage to, or loss of, any Brazilian Asset (whether or not insured) that has not been repaired or replaced in excess of $250,000 shall have occurred.
No Destruction. No party will destroy, or permit any of its Subsidiaries to destroy, any Information that exists at the Effective Time (other than Information that is permitted to be destroyed under the current record retention policies of either party) and that falls under the categories listed in Section 5.3(a), without first using its reasonable commercial efforts to provide 30 days notice to the other party of the proposed destruction and giving the other party the opportunity to take possession of such Information prior to such destruction; provided that no information relating to environmental liabilities or taxes shall be destroyed prior to the passage of six months after the expiration of the applicable statute of limitations (giving effect to any extensions thereof (and the parties shall notify each other of any such extensions)).