Notwithstanding Clause 8. 6.1, a teacher who is in receipt of an administrative or supervisory allowance who renders service during a vacation period, at the request of the chief superintendent of schools, or the delegated authority, shall receive time off in lieu during the school year for the actual time worked or be paid one four hundredth (1/400th) of the teacher’s total annual salary and allowances for each half (1/2) day of work.
Notwithstanding Clause 8. 1.1 and subject to Clause 8.1.3, in respect of a single line item in the Agreed Budget, the Company shall be entitled to apply the Subscription Proceeds by up to[***] more or less than the total spend allocated to that line item in the Agreed Budget and provided that the Subscription Proceeds are spent in accordance with the aforementioned limits such spend will be considered to be in accordance with the Agreed Budget for the purposes of this Agreement.
Notwithstanding Clause 8. 2.1, the Borrower may, by notice to the Facility Agent delivered not less than 10 Business Days' prior to an Interest Payment Date, elect that any accrued interest on a Senior Facility G Loan for the relevant Interest Period which ends on that Interest Payment Date, be capitalised to the Senior Facility G Outstandings on that Interest Payment Date, provided that the Senior Facility G Outstandings plus any capitalised interest in respect of Senior Facility G shall not exceed 120 per cent. of the Senior Facility G Commitment on that Interest Payment Date. If the Senior Facility G Outstandings would exceed the Senior Facility G Commitment on that Interest Payment Date that portion of the accrued interest which would cause the Senior Facility G Outstandings to exceed 120 per cent. of the Senior Facility G Commitment shall be paid on that Interest Payment Date.
Notwithstanding Clause 8. 1.10, the Borrower and each Guarantor shall not incur or allow to remain outstanding any Financial Indebtedness owing to any shareholder of a Group Company (excluding other Group Companies and excluding amounts owing under or in connection with sums raised by the Borrower pursuant to clause 3.5.1(xiii)) or any persons or companies related to them, unless such Financial Indebtedness is on terms (including interest, repayment and subordination) satisfactory to the Lender;
Notwithstanding Clause 8. 1, the Consultant may terminate this Agreement immediately at any time by written notice to the Client (with no obligation to undertake any further performance of the Services) in the event that:
Notwithstanding Clause 8. 3.1, BioFocus is permitted to transfer or assign this agreement, without the prior consent of the Client, to any of its Affiliates so long as (a) it also assigns all Schedules of Work to the same Affiliate and (b) the Affiliate expressly assumes all of the obligations of BioFocus.
Notwithstanding Clause 8. 1, where Clause 6.5.1 applies you may terminate this Agreement and transfer to an alternative supplier.
Notwithstanding Clause 8. 5.1, the Seller and the Purchaser agree to co- operate to explore ways to enable the change of name of each of the Target Group Financial Companies and Target Group Insurance Companies to become effective on or prior to Closing , or to the extent not feasible, on the earliest possible date thereafter, including making representations to BACEN or SUSEP (as applicable).
Notwithstanding Clause 8. 1.1, any member of the Seller’s Group shall, without incurring any liability as a result thereof, be allowed to act immediately, without awaiting the Purchaser’s response to a request for prior approval or even without requesting the Purchaser’s prior approval, if the circumstances so required, in which case the Seller shall inform the Purchaser of any such situation and acts as soon as possible thereafter.
Notwithstanding Clause 8. 6.1.1, where there are genuine operational reasons for consideration of this option, the Employer, after consultation with the employee, may place the employee on special paid leave at any time during the notice period.
