Notwithstanding Clause 6. 1.15, the Customer may use the Equipment in the ordinary course of its business until such time as it becomes aware or ought reasonably to have become aware that an event specified in clause 12 (Termination) has occurred or is likely to occur.
Notwithstanding Clause 6. 2.6.1(b) hereof, if pursuant to Clause 6.2.5.2 hereof, the Parties shall agree that additional payments shall be made to the Agency in order to cover any necessary additional expenditures not envisaged in the cost estimates referred to in Clause 6.2.6.1(a) above, the ceiling or ceilings, as the case may be, set forth in Clause 6.2.6.1(b) above shall be increased by the amount or amounts, as the case may be, of any such additional payments.
Notwithstanding Clause 6. 1, TB may at its sole and absolute discretion terminate this Agreement without cause or reason at any time by giving ninety (90) days’ prior written notice (“Prior Notice”) to Organisation.
Notwithstanding Clause 6. 1, if NUHS and/or the Institution determines in its sole and absolute discretion that there is significant delay in the delivery, installation and/or commissioning of the Goods, Equipment or Services by the Contractor and the delay is not due to a Force Majeure Event stated in Clause 16, NUHS and the Institution reserve the right to terminate the Contract and the Institution Contract(s), respectively, and to be indemnified by the Contractor against all losses, damages, claims or demands suffered or incurred by the Institution or to which the Institution may be liable as a result of the Contractor’s delay.
Notwithstanding Clause 6. 2, a part-time teacher under contract for an FTE of point-five (0.5) or greater, shall be eligible to receive School Division contributions to health plan premiums as if the part- time teacher were a full-time teacher.
Notwithstanding Clause 6. 4.1, the amount to which the Carried Interest Partner would be entitled pursuant to Clause 6.4.1 shall be reduced by an amount equal to the Carried Interest Share applied to:
6.4.2.1 the aggregate of all Net Income and Capital Proceeds deriving from any Prohibited Investment ³/; ´le ss 6.4.2.2 the Acquisition Cost of such Investment ³0,´ or, where such sum is less than zero, the amount to which the Carried Interest would be entitled pursuant to Clause 6.4.1 shall be reduced by the whole of M minus L above.
Notwithstanding Clause 6. 1 and Clause 6.2, upon termination of this Agreement pursuant to Clause 10 herein, GKASH has the right to refuse payment of the Settlement Amount related to such termination or where request for settlement is made after the termination of this Agreement. Where a Chargeback event occurs and the amounts related to such Chargeback has been paid to the Merchant, the Merchant shall repay on demand all such payments made as part of its Settlement Amount to GKASH and until full repayment by the Merchant of the said sum, such amount and all costs incurred in the enforcement of GKASH’s rights under this Agreement (including solicitor costs) shall be a debt due from the Merchant to GKASH and interest shall accrue thereon at the rate of 1.5% per month on a monthly rests basis or such other rate or rates as GKASH shall determine at its absolute discretion from time to time from the date of demand to the date of full settlement of such amount.
Notwithstanding Clause 6. 1, if the intended location of a Delivery Port entails a risk of an adverse tax effect for the Buyers or the Sellers as a result of the transfer of title to a Vessel, the Sellers and the Buyers shall be obliged to postpone the transfer of title of such Vessel until the Vessel is in such location where there is no risk of such adverse tax effects. The Sellers and the Buyers shall cooperate in this respect, including evaluating the possibility of a transfer of title of the Vessel in international waters.
Notwithstanding Clause 6. 1, the Borrower shall irrevocably instruct HMRC to pay the Tax Credit to the Lender's account at Axxx & Co, account number 00000000; sort code 83-91-35 and the Lender shall apply such amounts in accordance with the terms of the Finance Documents. If, for any reason, the Borrower receives the Tax Credit to its own account, it shall hold it on trust for the Lender (which trust is hereby declared) and promptly transfer the Tax Credit to the Lender's aforementioned bank account.
Notwithstanding Clause 6. 1, the Lessor shall have the right, at its sole discretion, to invoice the Lessee on a quarterly basis during each calendar year for any Freehold Mineral Tax reasonably estimated to have accrued for the prior quarter and the Lessee shall reimburse the Lessor in the same manner as provided for in Clause 6.1. A final statement of reconciliation and a copy of the applicable receipts, statements, and notices will be provided by the Lessor to the Lessee within sixty (60) days of its receipt of the actual Freehold Mineral Tax billing, including payment of any amount owing by the Lessor to reimburse the Lessee for the estimated amounts paid by the Lessee to the Lessor in excess of the actual Freehold Mineral Tax billed to and paid by the Lessor. The Lessor shall invoice the Lessee and the Lessee shall reimburse the Lessor for any amount of the Freehold Mineral Tax billed to and paid by the Lessor that is in excess of the estimated amounts paid by the Lessee in accordance with Clause 6.1.
