Payment Right Exclusivity Sample Clauses

Payment Right Exclusivity. (a) The Government undertakes that neither it nor any other Government Entity shall receive, or direct that any other person should receive, any payment or other consideration (including any Taxes and Duties or Existing Local Employment Taxes) (whether directly, indirectly, in-kind, by means of set-off or waiver or otherwise) with respect to any Sub Project or any new, comparable or similar project or any portion thereof (excluding any infrastructure asset existing in Nicaragua as of the Effective Date that has not materially improved or expanded thereafter) other than from any Sponsor (or any Affiliate thereof) pursuant to the provisions of this Agreement and any other agreement envisioned by this Agreement. (b) To the extent that any Government Entity receives, or directs that any other person should receive, any payment or other consideration (including any Taxes and Duties or Existing Local Employment Taxes) in violation of Clause 18.2(a) (an "Excess Receipt") from time to time, the Government shall pay to the Sponsor of the relevant Sub Project an amount equal to such Excess Receipt within five (5) days of the receipt of such Excess Receipt by any person. (c) The obligations contained in this Clause 18 shall continue to apply to the Government for fifty (50) years with respect to each Sub Project, with such fifty (50) year period renewable for an additional fifty (50) year period at the sole discretion of the Original Sponsor; provided that, if this Agreement or the relevant Concession is terminated earlier in accordance with the provisions of this Agreement, such obligations shall cease to apply as of such date of termination but without prejudice to any obligations which have accrued prior to such date.
Sample 1
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Related to Payment Right Exclusivity

  • Client Rights The Employer and the Union are committed to quality care of clients. It is the right of clients, in the privacy of their home, to choose the employee with whom they feel the most comfortable. The Employer support client rights. If a client wishes to change employees, for any reason, the Employer will respect the right of the client to do so. If a client chooses to change employees, the employee who is being unscheduled shall be eligible for another client(s) or equivalent hours as available. The Employer will make a good faith effort to provide support for a successful employee/client relationship(s). At the discretion of the parties, the Employer and the Union may explore through the Labor Management Committee methods of coaching, counseling or mediation to assist in the resolution of client/worker conflicts to help ensure consistent service delivery with minimal worker reassignment.

  • Non-Exclusivity The services of the Adviser to the Manager, the Allocated Portion and the Trust are not to be deemed to be exclusive, and the Adviser shall be free to render investment advisory or other services to others and to engage in other activities. It is understood and agreed that the directors, officers, and employees of the Adviser are not prohibited from engaging in any other business activity or from rendering services to any other person, or from serving as partners, officers, directors, trustees, or employees of any other firm or corporation.

  • Development Rights The Employee agrees and declares that all proprietary information including but not limited to trade secrets, know-how, patents and other rights in connection therewith developed by or with the contribution of Employee's efforts during his employment with the Company shall be the sole property of the Company. Upon the Company's request (whenever made), Employee shall execute and assign to the Company all the rights in the proprietary information.

  • Exclusivity Without prejudice to the Company’s rights under Section 5.4, the Company agrees not to appoint any other depositary for issuance of depositary shares, depositary receipts or any similar securities or instruments so long as The Bank of New York Mellon is acting as Depositary under this Deposit Agreement.

  • EXCLUSIVITY OF OPTION This Option to Purchase Agreement is exclusive and non-assignable and exists solely for the benefit of the named parties above. Should Buyer/Tenant attempt to assign, convey, delegate, or transfer this option to purchase without the Seller/Landlord’s express written permission, any such attempt shall be deemed null and void.

  • Licensed Patent Rights The term “Licensed Patent Rights” shall mean rights arising out of or resulting from:

  • Research License Each Collaborator shall allow the other Collaborator to practice any of its Non- Subject Inventions for the purpose of performing the Cooperative Work. No license, express or implied, for commercial application(s) is granted to either Collaborator in Non-Subject Inventions by performing the Cooperative Work. For commercial application(s) of Non-Subject Inventions, a license must be obtained from the owner.

  • Exclusive License Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor, upon the terms and conditions herein specified, a sole and exclusive license under the Licensed Patent Rights in the Territory, and in the Field of Use to develop, make, have made, import, have imported, use, offer to sell, sell and otherwise commercialize Licensed Product(s).

  • Third Party Patent Rights No Party makes any warranty with respect to the validity, perfection or dominance of any Patent or other proprietary right or with respect to the absence of rights in Third Parties which may be infringed by the manufacture or sale of the Licensed Product. Each Party agrees to bring to the attention of the other Party any patent or patent application it discovers, or has discovered, and which relates to the subject matter of this Agreement.

  • License Terms This license is for one full Semester. It cannot be cancelled or terminated except under the conditions cited in this license.

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