Pro- hibited cancellation Sample Clauses

Pro- hibited cancellation. The subordinated loan agreement shall not be subject to cancellation by either party; no Pay- ment shall be made with respect there- to and the agreement shall not be ter- minated, rescinded or modified by mu- tual consent or otherwise if the effect thereof would be inconsistent with the requirements of §§ 240.18a–1 and 240.18a– 1d.
AutoNDA by SimpleDocs
Pro- hibited cancellation. The subordination agreement shall not be subject to can- cellation by either party; no Payment shall be made with respect thereto and the agreement shall not be terminated, rescinded or modified by mutual con- sent or otherwise if the effect thereof would be inconsistent with the require- ments of 17 CFR 240.15c3–1 and 240.15c3– 1d.

Related to Pro- hibited cancellation

  • Shift Cancellation If any nurse is cancelled with less than twenty four (24) hours notice of the commencement of their assigned duties she shall be paid a minimum of three (3) hours pay at the applicable rate of pay. Notice will be left on the employee’s work voice mail.

  • Contract Cancellation By written notice and without a cure period, Buyer may cancel the whole Contract, or any part of this Contract, in the event of the suspension of Seller’s business, insolvency of Seller, institution of bankruptcy, liquidation proceedings by or against Seller, appointment of a trustee or receiver for Seller’s property or business, any assignment, reorganization, or arrangement by Seller for the benefit of creditors, or the debarment or suspension of Seller by any Government agency. Xxxxx’s remedies in the event of a cancellation of the Contract pursuant to this ¶ 18 shall be the same as set forth in ¶ 19, TERMINATION FOR DEFAULT.

  • Voluntary Cancellation Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (35) days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of the Available Facility. Any cancellation under this Clause 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

  • ORDER CANCELLATION Users of this contract are advised that orders (all or part) cancelled or returned after acceptance of requested merchandise will be subject to a restocking fee of ten percent (10%) of the invoice amount (not to exceed $500.00 per order) plus return freight charges. The amount authorized for payment of return freight will, in no instance, be more than original delivery charges documented by carrier. These charges may be applied, at the option of the supplier, to those orders which have been accepted. Orders cancelled prior to shipment or acceptance by ordering entity from the manufacturer will not be assessed charges.

  • Course Cancellation A. The following factors will be considered in determining whether classes in certificate or degree programs will be canceled. It shall be the responsibility of the administration to evaluate these general factors in arriving at a class cancellation decision.  Established state student/faculty ratios  Status of FTE generation on a campus-wide basis for certificate/degree programs  Status of FTE generation on a district-wide basis for certificate/degree programs  Status of assigned FTE, district-wide, annualized (including projections of applicable, e.g., Fall, Winter)  Effect on morale of students and faculty  Budgetary implications  Feasibility of offering new sections of already-filled or nearly-filled courses

  • Agreement Cancellation i. This agreement is canceled when:

  • Vacation Cancellation ‌ Should the Employer be required to cancel scheduled vacation leave because of an emergency or exceptional business needs, affected employees may select new vacation leave from available dates. In the event the affected employee has incurred non-refundable, out-of-pocket vacation expense, the employee will normally be reimbursed by the Employer, if the Employer had previously approved the employee’s vacation leave request and if the employee has an adequate leave balance at the time of the vacation to take the vacation.

  • Policy Cancellation Except for ten days notice for non-payment of premium, each insurance policy shall be endorsed to state that; without thirty (30) days prior written notice to the City, the policy shall not be canceled, non-renewed or coverage and/or limits reduced or materially altered, and shall provide that notices required by this paragraph shall be sent by certified mail to the address shown below.

  • Dues Cancellation An employee may cancel their payroll deduction of dues by the employee providing written notice to the Union and the Union subsequently providing written notice to the Employer of the cancellation. After receipt of the confirmation from the Union, every effort will be made to make the cancellation effective on the first payroll and not later than the second payroll after receipt of the notice.

  • TERMINATION/CANCELLATION Cancellation of orders once placed with or accepted by Seller can be made only with Seller’s consent. Should Buyer, due to good cause, desire to affect the cancellation of an accepted order, Seller will accept such cancellation on the following basis:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!