Other Provisions on Securities Sample Clauses

Other Provisions on Securities. 9.4.1 In case the Public Partner, in accordance with the provisions of this Agreement, withdraws, fully or partially, the Tender Security, the Operation Security or the Handback Security, the amount charged for such a security shall be transferred by the bank providing the bank security, to the Public Partner’s current account. 9.4.2 In case the Public Partner withdraws the Operation Security or the Handback Security in the amount required to satisfy the Public Partner's claims which can be satisfied by withdrawing such a security in accordance with this Agreement, the Private Partner shall, within twenty two (22) Business Days after withdrawal of the relevant amount of the security, submit to the Public Partner the updated bank guarantee for the entire amount of security set out according to this Section 9. If the Private Partner fails to provide the updated bank guarantee during the timeframe set out in this Clause 9.4.2, the Public Partner shall be entitled to draw on the entire amount of the relevant security. In such case the provisions of Clause 9.2.6 shall apply. 9.4.3 In the event of early Termination of the Agreement in connection with the Private Partner Event of Default, the Private Partner shall ensure that the Operation Security is maintained during the term necessary to agree and pay the Termination Compensation under the procedure set forth in Section 18 of the Agreement, but in any case no earlier than expiry of two (2) months from the signing date of the Handback Act under Clause 20.5.
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Related to Other Provisions on Securities

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Definitions As used in this Agreement:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • NOW, THEREFORE the parties hereto agree as follows:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

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