Section 1. Paragraph E of the Lease is deleted in its entirety and the following is added as a replacement:
Section 1. Paragraph E Sample Clauses
Related to Section 1. Paragraph E
Sole Paragraph The Concessionaire will not be entitled to any kind of exclusivity; neither will it be able to claim any rights as to the admission of new providers of the same service, in the public or private regimen.
PARAGRAPH TWO The amount determined in accordance with the provisions of item I, clause “b” or item II shall be payable quarterly, on the fifteenth (15th) day of February, May, August, and November of each year, during the period between November 15, 2014 and February 15, 2017, and monthly, beginning on and including March 15, 2017, together with the principal amount repayment installments, and at the maturity or settlement of this Agreement, subject to the provisions of Section Eighteen. FIVE
Paragraph 2nd The changes mentioned in the present clause do not exclude the possibility of revision, at any time, of the present Contract as a result of the supervenience of relevant fact, at Anatel’s criterion.
Paragraph 1st If, after the procedure foreseen in this clause, Anatel considers inconvenient or unfeasible the implementation of the specific universalization goal by means of the Concessionaire, it will hire the responsibility from another, doing it by means of specific grants and delimiting the service, complying with the economic parameters obtained in the procedure foreseen in this clause.
Section 12 2. No Payment When Senior Debt in Default; Payment Over of Proceeds Upon Dissolution, Etc........61 Section 12.3. Payment Permitted If No Default...............................................................62 Section 12.4. Subrogation to Rights of Holders of Senior Debt...............................................63 Section 12.5. Provisions Solely to Define Relative Rights...................................................63 Section 12.6.
FIRST PARAGRAPH THE LESSEE authorizes THE LESSOR without implying an obligation or responsibility for himself, so that THE LESSEE hires insurance or renewals on her account and risk, and or pays the respective insurance premiums with the purpose of maintaining effective policies protecting the equipment. In the case that THE LESSOR pays on behalf of THE LESSEE the insurance policies, THE LESSEE has the obligation to pay THE LESSOR within a term of two (2) following days from receipt of the collection xxxx the amount of money paid on his account. The non compliance to any of the obligations assumed under this CLAUSE will be a cause so that THE LESSOR can terminate this Contract with the consequences contained in Clause Twenty Sixth. SECOND PARAGRAPH Any total or partial disaster shall not suspend neither it will interrupt nor change expiration of terms.
Section 11 Section 1.1 of the Credit Agreement is hereby amended by adding thereto the following defined terms and their respective definitions in the correct alphabetical order:
Paragraph 3rd It is up to Anatel to assure the protection of the economic situation of the Concessionaire, as per terms of Chapter XIII of this Contract.
SECTION 114 Language of Notices, Etc........................... 16
Section 14 Term of Agreement; Resignation and Removal of Administrator; Waiver of Past Defaults.........................................8 Section 15. Action upon Termination, Resignation or Removal.................9 Section 16. Notices........................................................10 Section 17. Amendments.....................................................10 Section 18. Successors and Assigns.........................................10 Section 19.
