RIGHT OF RETRACTION Sample Clauses

RIGHT OF RETRACTION. The Customer who has concluded the present contract from a distance and for private purposes has a period of 14 days in which to retract, without charge and without having to give grounds. Such retraction period expires 14 days after the date on which the contract was concluded. The decision to retract must be notified to Servipark by unambiguous written declaration, sent either by letter or by fax or by email. The Customer may use the retraction form template appearing here. The Customer expressly requests to be able to benefit from the Services before the expiry of the retraction period. For that purpose, the Customer agrees that the withdrawal of € 0.01 all taxes included referred to in Article 3 is made immediately. If the Customer retracts during the aforementioned period of 14 days, he agrees to pay for the Services for which he used the Card until the time when he validly informed Servipark of the exercise of his right of retraction. Any balance of the withdrawal of € 0.01 is returned to them. In the event of retraction, the Customer is obliged to return the Card to Servipark, either by lodging it at Servipark’s registered office or by sending it by post to Servipark’s registered office, postal costs being borne by the Customer.
Sample 1
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RIGHT OF RETRACTION activities related to the organisation and sale of stays or excursions on a specified date or period are not subject to the withdrawal period applicable to distance and off-site sales, in accordance with the provisions of the article L221-28 of the Consumer Code.
Sample 1
RIGHT OF RETRACTION. The Customer who has concluded the present contract from a distance and for private purposes has a period of 14 days in which to retract, without charge and without having to give grounds. Such retraction period expires 14 days after the date on which the contract was concluded. The decision to retract must be notified to Servipark by unambiguous written declaration, sent either by letter or by fax or by email. The Customer may use the retraction form template appearing here. The Customer expressly requests to be able to benefit from the Services before the expiry of the retraction period. If the Customer retracts during the aforementioned period of 14 days, he agrees to pay for the Services for which he used the Card until the time when he validly informed Servipark of the exercise of his right of retraction. In the event of retraction, the Customer is obliged to return the Card to Servipark, either by lodging it at Servipark’s registered office or by sending it by post to Servipark’s registered office, postal costs being borne by the Customer.
Sample 1
RIGHT OF RETRACTION. Each Shareholder has the right to retract all or any of the Series IT Preference Shares registered in the name of such Shareholder in accordance with the rights, privileges, restrictions and conditions attaching to the Series II Preference Shares contained in the Articles. The Escrow Agent will from time to time provide a form of Retraction Notice to any Shareholder or financia1 agent thereof who requests the same.
Sample 1
RIGHT OF RETRACTION. DIME shall have the right of retraction, exercisable on the first anniversary of the Funding Completion Date and once in each year thereafter on the anniversary of the Funding Completion Date subject to the following terms, provisions and conditions: (a) at least sixty (60) days notice (prior to the applicable anniversary of the Funding Completion Date) shall be given by DIME to the Management Committee to exercise the retraction right; (b) not more than twenty five percent (25%) of DIME’s initial Participating Interest as of the Funding Completion Date may be retracted in any one year; (c) the retraction right may not be exercised unless the Joint Venture or Project Holding Company, as the case may be, shall have positive EBITDA in each of the current fiscal year-to-date and the immediately preceeding fiscal year; (d) the retraction right may not be exercised unless the Joint Venture or Project Holding Company, as the case may be, shall have positive Net Cash Balances both prior to and after completion of the retraction; and (e) the retraction price per share or other interest being retracted shall be equal to the original capital cost per share or other interest being retracted, plus 10% per annum from the date of the original investment until the date of retraction, less any and all dividends and other distributions paid on such such share or other interest from the date of the original investment until the date of retraction.
Sample 1

Related to RIGHT OF RETRACTION

  • Right of Refusal Vendor has the right not to sell to a TIPS Member under the awarded agreement at Vendor’s discretion unless otherwise required by law.

  • First Right of Refusal If any Partner shall enter into an agreement to sell their ownership interest in the Partnership with an individual or entity that is not a current Partner, the following parties must be given a first right of refusal before such a transaction can take place:

  • Right of Re-Entry Upon the occurrence of a Default, Landlord may elect to terminate this Lease or, without terminating this Lease, terminate Tenant's right to possession of the Premises. Upon any such termination, Tenant shall immediately surrender and vacate the Premises and deliver possession thereof to Landlord. Tenant grants to Landlord the right to enter and repossess the Premises and to expel Tenant and any others who may be occupying the Premises and to remove any and all property therefrom, without being deemed in any manner guilty of trespass and without relinquishing Landlord's rights to Rent or any other right given to Landlord hereunder or by operation of law.

  • Right of Revocation Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1 (a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

  • Right of Repurchase To the extent provided in the Company's bylaws as amended from time to time, the Company shall have the right to repurchase all or any part of the shares of Common Stock you acquire pursuant to the exercise of your option.

  • Right of Use 2.1 Except as expressly otherwise agreed in this Contract, as between the parties all intellectual and industrial property rights in the Supplies, in all documents provided by Siemens in connection with this Contract (the “Documents”) and in all software, hardware, knowhow (“IPR”) and other things provided with or as part of the Supplies and the Documents shall be the exclusive property of and vest in Siemens. The Customer shall not reverse engineer, decompile, or reproduce the Supplies or parts thereof and shall ensure that third parties will not reverse engineer, decompile, or reproduce the Supplies or parts thereof in each case to the extent mandatory law does not prohibit such limitation. 2.2 The Customer may use the Documents unmodified and to the extent necessary for operation and routine maintenance of the Supplies by the Customer’s own personnel, unless explicitly agreed otherwise in writing by Siemens. 2.3 If the Supplies include Siemens software, such software is licenced under the license terms contained in the software documentation, the software itself or in the attached license terms (in each case the “applicable license conditions”), which shall prevail over this Clause 2. The software is issued in object code without source codes. The license hereunder only grants the non-exclusive right to use the software as described in the applicable license conditions or, if there are no applicable license terms, for the purpose of operation and routine maintenance of the Supplies. 2.4 The Supplies may include third party software. Insofar as specific license terms of the third party licensor apply, Siemens will provide such license terms together with the Supplies. The Customer shall comply with such third party license terms. 2.5 Insofar as the software contains Open Source Software (“OSS”), Siemens will provide the applicable OSS license terms together with the Supplies. The OSS license terms shall prevail over this Contract. Details regarding any third-party software and OSS contained in the Supplies are available in the software documentation (e.g. README_OSS). 2.6 The rights granted in Clause 2 shall be transferable to a third party only together with the transfer of ownership of all of the Supplies to that third party. 2.7 Without prejudice to the Customer’s intellectual property rights and subject to compliance with applicable law, Siemens and its Affiliates may for its own business purposes collect, use, modify, and copy any data received in connection with the Supplies. Any legal obligations regarding personal data shall remain unaffected.

  • Right of Review Once Lessor shall have finally determined said Operating, Utility and Energy or Real Estate Tax Costs at the expiration of a Lease Year, then as to the item so established, Lessee shall only be entitled to dispute said charge as finally established for a period of six (6) months after such charge is finally established, and Lessee specifically waives any right to dispute any such charge at the expiration of said six (6) month period.

  • Right of Reimbursement Each Revolving Credit Lender agrees to reimburse the Issuing Lender on demand, pro rata in accordance with its respective Revolving Credit Percentage, for (i) the reasonable out-of-pocket costs and expenses of the Issuing Lender to be reimbursed by the Borrower pursuant to any Letter of Credit Agreement or any Letter of Credit, to the extent not reimbursed by the Borrower or any other Credit Party and (ii) any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, fees, reasonable out-of-pocket expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against Issuing Lender in any way relating to or arising out of this Agreement (including Section 3.6(c) hereof), any Letter of Credit, any documentation or any transaction relating thereto, or any Letter of Credit Agreement, to the extent not reimbursed by the Borrower, except to the extent that such liabilities, losses, costs or expenses were incurred by Issuing Lender as a result of Issuing Lender’s gross negligence or willful misconduct or by the Issuing Lender’s wrongful dishonor of any Letter of Credit after the presentation to it by the beneficiary thereunder of a draft or other demand for payment and other documentation strictly complying with the terms and conditions of such Letter of Credit.

  • Right of Rescission Customer may rescind this Agreement within three (3) business days after receiving this Agreement by contacting Clearview Energy by phone or in writing. This Agreement is not legally binding until the rescission period has expired and you have not, directly or indirectly, rescinded your selection. The Customer is liable for all Clearview Energy charges until the Customer returns to the EDC or another supplier.

  • No Right of Partition No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

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