Section Intentionally Omitted Clause Samples
The "Section Intentionally Omitted" clause serves to indicate that a particular section or provision has been deliberately left out of a contract or legal document. In practice, this phrase is inserted in place of a section number or heading where content might otherwise be expected, signaling to readers that the omission is intentional and not the result of an error or oversight. This helps maintain the document’s numbering consistency and prevents confusion, ensuring that all parties understand that no content is missing due to mistake or accidental deletion.
Section Intentionally Omitted. Section 5.04.
Section Intentionally Omitted. If Bank, acting in its sole discretion, redelivers Collateral to Debtor or Debtor's designee for the purpose of (a) the ultimate sale or exchange thereof; or (b) presentation, collection, renewal, or registration of transfer thereof; or (c) loading, unloading, storing, shipping, transshipping, manufacturing, processing or otherwise dealing with it preliminary to sale or exchange; such redelivery shall be in trust for the benefit of Bank and shall not constitute a release of Bank's security interest in it or in the proceeds or products of it unless Bank specifically so agrees in writing. If Debtor requests any such redelivery, Debtor will deliver with such request a duly executed financing statement in form and substance satisfactory to Bank. Any proceeds of Collateral coming into Debtor's possession as a result of any such redelivery shall be held in trust for Bank and immediately delivered to Bank for application on the Indebtedness. Bank may (in its sole discretion) deliver any or all of the Collateral to Debtor, and such delivery by Bank shall discharge Bank from all liability or responsibility for such Collateral. Bank, at its option, may require delivery of any Collateral to Bank at any time with such endorsements or assignments of the Collateral as Bank may request.
Section Intentionally Omitted. Customer agrees that it is fully responsible for compliance with all appropriate copyright laws regarding the subsequent use of any Documents delivered by Reprints Desk. Such use includes, but is not limited to, the printing of PDF Documents, sharing, forwarding or copying PDF Documents, copying or scanning paper Documents, and use of Documents in sales or promotional materials. CLA and Customer shall indemnify Reprints Desk for any loss or damage suffered or arising out of Customer’s use of the Documents beyond the rights expressly granted to Customer under this Agreement.
Section Intentionally Omitted. In the event a payment is not made of any amount due pursuant to SECTIONS 5.5(2), (3), (4), (7), (9), (10) and/or (11) hereof when due, such amount shall bear annual interest at the Default Rate, and the aggregate principal amount shall be deemed to be increased monthly by an amount equal to the unpaid interest.
Section Intentionally Omitted. THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK BY THE PARTIES
Section Intentionally Omitted. [SECTION INTENTIONALLY LEFT BLANK]
Section Intentionally Omitted. The term of this Agreement may also terminate at the election of the non-defaulting party in the event of a MW Default or MWCC Default as set forth in SECTION 16.
Section Intentionally Omitted. The Commitment Schedule to the Existing Credit Agreement is hereby amended and restated as attached hereto. On the Amendment Effective Date, the Administrative Agent, existing Lenders and New Lender shall take all necessary steps in accordance with Section 2.06(c) of the Existing Credit Agreement to cause each Lender’s portion of the outstanding Revolving Loans of all the Lenders to equal its revised Applicable Percentage of such outstanding Revolving Loans after giving effect to the Revolving Commitment Increase.
Section Intentionally Omitted. The Distributor represents and warrants that it is a limited liability company duly organized and in good standing under Delaware law and that it is registered as a broker-dealer under federal and applicable state securities laws and is a member in good standing of the NASD.
Section Intentionally Omitted. For the avoidance of doubt, the parties hereby acknowledge that MWCC and MW shall share responsibility for Net Defaulted Indebtedness as defined and specified in the Original Account Purchase Agreement for Fiscal Years through and including Fiscal Year 1995 and, to the extent such amounts with respect to Fiscal Years 1992 through 1995 are part of the Section 4 Net Aggregate Defaulted Indebtedness Amount, such amount will be paid to MWCC in the manner specified in SECTION 4.6 hereof notwithstanding anything to the contrary in the Original Account Purchase Agreement.