RESOLUTORY CLAUSE Sample Clauses

RESOLUTORY CLAUSE. It is expressly agreed that:
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RESOLUTORY CLAUSE. It is expressly agreed that in the absence of payment of only one term of rent plus incidentals at its term, or in the absence of the fulfillment of one of the conditions of the lease, in particular those set forth in Article 5, one month after issuing a simple order to pay or summons of enforcement as notification to the Lessee, and having resulted without effect, this lease shall be cancelled automatically if the Lessor so deems, without the necessity of recording this cancellation legally. In the event the Lessee refuses to vacate the premises, his eviction shall take place without delay, upon receipt of the simple ordinance of summary procedure rendered by the competent President of the Supreme Court and enforceable by provision notwithstanding appeal. In such case, the Lessor reserves the right to payment of the current rent due and reimbursement by the Lessee of all expenses incurred.
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RESOLUTORY CLAUSE. Should Lessee fail to pay any of the charges and comply with the conditions of the lease or to pay on the due date even a single rent, partially or in full, or should it fail to pay rent incidentals, the amount of the penalty clause, the amount of the occupancy indemnity, all overdue amounts arising from a court decision, especially by revision or renewal, including court established interest on these additions to overdue rent, all other contractual interest, additions to the security deposit and, in general, should it fail to pay any amounts owed by application hereof, the lease will be cancelled ipso jure and without any judicial formality one month after a notice to pay or a summation to pay which remains without effect during this term, containing Lessor's declaration of intent to use the benefit of this clause. In all events, should Lessee refuse to leave the premises, although the lease is cancelled ipso jure, its eviction may be ordered by simple order or referral rendered by the President of the Court of First Instance which will be executory provisionally based on the original judgment.
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RESOLUTORY CLAUSE. In case of an Event of Default by Lessee as provided above, without the latter remedying said breach within 15 calendar days after the Lessor notifies him thereof, will bring into effect this resolutory clause or express termination pact (the “Resolutory Clause”), where Lessor will notify the Lessee, either judicially or extrajudicially, before a notary public or before two witnesses, personally in the Leased Property, invoking the particular causes of breach that gave cause to the aforementioned Resolutory Clause, and determining the place of deposit of the personal property of the Lessee that are located in the Leased Property, according to the provisions of articles 2306, fraction VI and 0000 XXX I, fractions I, II and IV of the Civil Code of the State of Nuevo Xxxx (“CCNL”), and in turn, the Lessee is obliged and subject to comply with the Resolutory Clause when applicable, in accordance with article 2319. section IV of said CCNL. Additionally, the Lessee in this act appoints Xxxxxxx Xxxx Xxxxxxx as irrevocable representative, to whom it will deliver the physical possession of the Leased Property, in accordance with article 2384, second paragraph of said CCNL. if applicable. The materialization of the Resolutory Clause, will conclude the Lease and the possession of the Lessee automatically, without need of any judicial declaration, in the fixed date, and without the need of eviction. Once the 15-calendar-day period referred to above has elapsed without the Lessee remediating its breach, the Lessor, in order to proceed with the Resolutory Clause, will notify Lessee the corresponding resolution before a notary public, in turn, granting a term of 5 natural days to the Lessee for the same to vacate and deliver possession of the Leased Property, in accordance with article 2384 BIS II of the CCNL. The Lessor may request the judicial authority to attach the property of the Lessee as collateral, in order to guarantee Lessee’s compliance of its obligations. In the event of a dispute between the Parties regarding the materialization of the Resolutory Clause. any of the Parties may appear before a competent judge, in order for it to verify whether the elements are actually met to require the termination of the Contract to the Lessee due to the Event of Default, and in the event that the Resolutory Clause is determined to proceed, the judge will impose on the Lessee the payment of damages. in accordance with article 2384 BIS of the CCNL. The foregoing is independe...
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RESOLUTORY CLAUSE. It is expressly agreed, as an essential term hereof, that failing payment of a single instalment of rent or of charges or non-performance of a single clause of the lease and one month after an order to pay or a formal notice to perform, containing a statement by the Lessor of its intention to avail itself of the benefit of this provision, issued by extrajudicial act and that has continued to be fruitless, this lease shall be terminated as of right if the Lessor sees fit, without the latter having to complete any formality. If in this event the Lessee was to refuse to quit the premises, it would suffice, in order to force it to do so, for there to be an order issued by the President of the Tribunal de Grande Instance in the judicial district of which are located the premises that are the subject of the lease, ruling in the form of urgent summary proceedings, which shall expressly receive jurisdiction under the terms hereof.
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RESOLUTORY CLAUSE. TERASUM may terminate the Mandate unilaterally at any time in the event of a serious breach by the Principal, in accordance with the conditions set out below. The following shall constitute a serious breach by the Principal ▪ The fact of knowingly making inaccurate or incomplete statements as to his identity, his capacity to validly conclude this Mandate, the origin of the Digital Assets and/or as to the information relevant to the determination of the Risk Profile; ▪ Entrusting to TERASUM, by including them in a Contribution, digital assets of which it is not the valid owner, or, in the case where the ownership of these digital assets is shared between the Principal and third parties, without the written authorization of all of said third parties; ▪ Failure to pay an invoice within 15 days of an unsuccessful formal notice, as stipulated in Article 7.2; ▪ Accessing or attempting to access the Management Sub-account and/or carrying out operations on the Digital Assets, personally or through an intermediary not expressly authorised by XXXXXXX ; ▪ Changing the private key that allows TERASUM to access the Management Sub-account and carry out Management Operations, thus preventing the proper management; ▪ Using or attempting to use the TERASUM management service for money laundering purposes, it being recalled that XXXXXXX may carry out any useful checks in this regard in accordance with Article 5.5 above. In the event of a serious breach by the Principal in the sense of the above, TERASUM, to terminate the Mandate, will send the Principal a written notification (if necessary by e-mail) setting out the breach(s) detected and its desire to terminate the Mandate. The termination will be acquired by right, without any additional formality being required, immediately on receipt of the notification. The Management End Date will then correspond to the date and time of receipt of the notification. Termination in the sense of this article shall be effective only for the future. The Management Fee accrued to TERASUM at the date of acquisition of the termination will be payable as stipulated in Article 7.2 above, and will not be subject to any refund.
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Related to RESOLUTORY CLAUSE

  • Severability Clause Any part, provision, representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof. Any part, provision, representation or warranty of this Agreement which is prohibited or unenforceable or is held to be void or unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction, to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction as to any Mortgage Loan shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision hereof. If the invalidity of any part, provision, representation or warranty of this Agreement shall deprive any party of the economic benefit intended to be conferred by this Agreement, the parties shall negotiate, in good-faith, to develop a structure the economic effect of which is as close as possible to the economic effect of this Agreement without regard to such invalidity.

  • Separability Clause In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  • CONTRACT CLAUSES  A SOLICITATION/CONTRACT FORM 1  I CONTRACT CLAUSES 58  B SUPPLIES OR SERVICES AND PRICES/COSTS 2 PART III - LIST OF DOCUMENTS, EXHIBITS & ATTACHMENTS  C DESCRIPTION/SPECS./WORK STATEMENT 25  J LIST OF ATTACHMENTS 74  D PACKAGING AND MARKING 26 PART IV - REPRESENTATIONS AND INSTRUCTIONS  E INSPECTION AND ACCEPTANCE 27 K REPRESENTATIONS, CERTIFICATIONS OTHER STATEMENTS OF OFFERORS  F DELIVERIES OR PERFORMANCE 29  G CONTRACT ADMINISTRATION DATA 32 L INSTRS., CONDS., AND NOTICES TO  H SPECIAL CONTRACT REQUIREMENTS 34 M EVALUATION FACTORS FOR AWARD CONTRACTING OFFICER WILL COMPLETE ITEM 17 OR 18 AS APPLICABLE

  • Severability of Clauses If any part of this Agreement is declared or held to be invalid for any reason, such invalidity will not affect the validity of the remainder which will continue in full force and effect and be construed as if this Agreement had been executed without the invalid portion, and it is hereby declared the intention of the parties that this Agreement would have been executed without reference to any portion which may, for any reason, be hereafter declared or held to be invalid.

  • Survival Clause It is the intent of the Parties that this Agreement and procurement method applies to any TIPS Sale made during the life of this Agreement even if made on or near the Contract Expiration Date as defined herein. Thus, all TIPS Sales, including but not limited to: leases, service agreements, license agreements, open purchase orders, warranties, and contracts, even if they extend months or years past the TIPS Contract Expiration Date, shall survive the expiration or termination of this Agreement subject to the terms and conditions of the Supplemental Agreement between Customer and Vendor or unless otherwise specified herein.

  • Cooperation Clause (a) To facilitate the orderly conduct of the Company and its Related Entities’ businesses, for the twelve (12)-month period following the Effective Date, Executive agrees to cooperate, at no charge, with the Company and its Related Entities’ reasonable requests for information or assistance related to the time of his/her employment.

  • Integration Clause Except for documents and instruments specifically referenced herein, this Agreement constitutes the entire agreement between Bank and Borrower regarding the Loan and all prior communications verbal or written between Borrower and Bank shall be of no further effect or evidentiary value.

  • Arbitration Clause All disputes arising under this agreement shall be governed by and interpreted in accordance with the laws of New York, without regard to principles of conflict of laws. The parties to this agreement will submit all disputes arising under this agreement to arbitration in New York City, New York before a single arbitrator of the American Arbitration Association (“AAA”). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law New York. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. Nothing contained herein shall prevent the party from obtaining an injunction.

  • Severability and Judicial Modification If any provision of the Award Agreement is held to be invalid or unenforceable under the applicable laws of any country, state, province, territory or other political subdivision or the Company elects not to enforce such restriction, the remaining provisions shall remain in full force and effect and the invalid or unenforceable provision shall be modified only to the extent necessary to render that provision valid and enforceable to the fullest extent permitted by law. If the invalid or unenforceable provision cannot be, or is not, modified, that provision shall be severed from the Award Agreement and all other provisions shall remain valid and enforceable.

  • Waiver of Jury Trial; Judicial Reference (a) LANDLORD AND TENANT EACH ACKNOWLEDGES THAT IT IS AWARE OF AND HAS HAD THE ADVICE OF COUNSEL OF ITS CHOICE WITH RESPECT TO ITS RIGHT TO TRIAL BY JURY, AND EACH PARTY DOES HEREBY EXPRESSLY AND KNOWINGLY WAIVE AND RELEASE ALL SUCH RIGHTS TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER PARTY HERETO AGAINST THE OTHER (AND/OR AGAINST ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR SUBSIDIARY OR AFFILIATED ENTITIES) ON ANY MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE, TENANT’S USE OR OCCUPANCY OF THE PREMISES, AND/OR ANY CLAIM OF INJURY OR DAMAGE.

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