SIXTEENTH CLAUSE Sample Clauses

SIXTEENTH CLAUSE. OF THE CLOSURE Clause 16.1: This agreement ends on the date of the first occurrence of any of the following events:
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SIXTEENTH CLAUSE. In witness whereof it is signed in Bogota, on July 28/th/, 1997.
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SIXTEENTH CLAUSE. If either Party is rendered unable by a Force Majeure to carry out any of its obligations under this Agreement, such Party shall immediately serve a written notice to the other Party, and such notice shall contain full details of the event and of its compliance with the sole paragraph of article 1,058 of the Brazilian Civil Code, providing the best estimate duration of the impediment alleged. In that case, and during the pendency of such Force Majeure but for no longer period, the obligations of the Party affected by the event (other than the obligation to make payments then due or becoming due with respect to performance prior to the event) shall be suspended to the extent required. In addition, during the estimated duration of the effects of the event of Force Majeure, as notified by the claiming Party to the other, the claiming Party shall not be required to resume its obligations to the other only with respect to the obligations which the claiming Party has claimed is subject to Force Majeure. Notwithstanding the foregoing, as soon as the Force Majeure or its effects cease prior to the expiration of its estimated duration, the claiming Party shall immediately serve a written notice to the non-claiming Party, who shall have the option to require the claiming Party to resume its obligations under this Agreement as soon as practicable. The claiming Party shall take, and evidence that it has taken, all the measures available to it to remove the effects of the Force Majeure impairing the performance of its obligations. If all or part of the Force Majeure continues to exist beyond the estimated duration, then the non-claiming Party may take any action it deems commercially reasonable under the circumstances. Without limiting the generality of the provisions set in the sole paragraph of article 1,058 of the Brazilian Civil Code, and for exemplification purposes only, a Force Majeure shall be deemed occurred whenever an event that could not be foreseen by the Parties by the time of the execution of this Agreement occurs, and such event is out of control of the claiming Party. In addition, the Force Majeure shall be characterized whenever the duly proven diligent action taken by the claiming Party is not sufficient for removing the Force Majeure or favors the adoption of an alternate solution commercially reasonable. In no circumstances whatsoever a Force Majeure shall be deemed to have taken place upon the occurrence of (i) loss of market share by MARKETER or ...
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SIXTEENTH CLAUSE. In case of liquidation or dissolution of the Company, American Bank Note Company Grafica e Servicos Ltda., through a liquidator to be appointed by it, will be the liquidator, based on the art. 13 of decree 3.708 of 10.01.1919.
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SIXTEENTH CLAUSE. In the event that there is the need to submit any pending matters or litigation originating from this Contract to the appreciation of the Judicial Power, respecting the dispositions in the fourteenth clause above, the parties shall use the courts in the State of Florida. And, thus having agreed and contracted, the present instrument is signed in two (two) copies of equal content and form, in the presence of the witnesses nominated below. Belo Horizonte and Ilheus, Brazil, November 17, 0000 XXXXXX XXXXXXX, INC. By: /s/ XXXXXXX X. ST. LAURENT, III --------------------------------------- Xxxxxxx X. St. Laurent, III Chairman and Chief Executive Officer TECH SHOP HOLDINGS USA, INC. By: /s/ XXXXXXXXX XXXXX XXXXXXX XX XXXXX --------------------------------------- Xxxxxxxxx Xxxxx Xxxxxxx xx Xxxxx President and Shareholder Witness: /s/ XXXXXXX ST. LAURENT ------------------------------------- Name: XXXXXXX ST. LAURENT --------------------------------------- PURCHASE AGREEMENT This Purchase Agreement is made and entered into this 17th day of November, 1997, by and between Vitech America, Inc. ("Vitech"), a Florida Corporation with its principal offices located at 0000 Xxxxxxxxx 00xx Xxxxxx, Xxxxx, Xxxxxxx 00000, and TECH SHOP Holdings USA, Inc. ("TECH SHOP"), a Nevada Corporation with its principal offices located at 0000 Xxxxxxxx Xxx, Xxxxx X, Xxxx, Xxxxxx 00000.
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SIXTEENTH CLAUSE. JURISDICTION-COMPETENT COURTS In the event of any dispute in relation to this contract, the contracting parties agree to submit to the jurisdiction of the Ordinary Courts of the City of Córdoba, and renounce Federal Jurisdiction and any other that might correspond to them by exception. SEVENTEENTH CLAUSE: TAXES AND STAMP TAX All the taxes, rates, expenses and additional taxes that might be imposed on the activity carried out by the TENANT, either directly or indirectly, will be his sole and exclusive responsibility. The stamp tax charged upon this contract shall be paid in full by the Tenant.
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SIXTEENTH CLAUSE. Responsibility: CCP will carry out the mining exploitation matter of this document in a diligent, efficient and technically and economically viable manner. They will assure the compliance with the terms established in this contract of Association Mining, in the Work and Labor Plan and the Environmental License. CCP will be solely responsible for all damages and losses cause by the activities and operations derived from this document; AMERALEX reserves the right of action against CCP for the reimbursement of any sums or convictions which they may be obliged to pay or execute, which originated from the work of labor entrusted via the current agreement.
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SIXTEENTH CLAUSE. The Parties hereby acknowledge that the transaction closed under the terms of this Agreement pertains to the Parties restrict interest and are confidential, and shall not be divulged to any third party (other than the Parties' controlling or controlled companies, companies under common control, and their administrators, managers, consultants and employees involved in the administration of the relevant transaction)) except in order to comply with any applicable law, order or regulation; provided, each Party shall notify the other Party of any proceeding of which it is aware which may result in disclosure and use reasonable efforts to prevent or limit the disclosure. The Parties shall be entitled to all remedies available at law or in equity to enforce, or seek relief in connection with, this confidentiality obligation.
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SIXTEENTH CLAUSE. The Parties hereby expressly and unconditionally acknowledge and confirm that, in the event of default by either Party of any of the obligations hereunder, the defaulting Party shall be obliged to indemnify the non-defaulting Party for the damages caused by such default. In that case, the obligor’s liability shall be limited to direct actual damages only, such direct actual damages shall be the sole and exclusive remedy and all other remedies or damages at law or in equity are waived, especially with regard to lost profits or reduction of any results forecasted. . It is the intent of the Parties that the limitations herein imposed on remedies and the measure of damages be without regard to the cause or causes related thereto, including the negligence of any party, whether such negligence be sole, joint or concurrent, or active or passive. The signature of this Agreement by the Parties shall validate the acknowledgements and covenants herein and shall imply the effectiveness of the waive of rights hereby agreed.
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Related to SIXTEENTH CLAUSE

  • Sunset Clause The provisions of this Section expires automatically on the expiration date of this Agreement.

  • Additional Clauses 31.13.1 The Parties expressly agree that if any limitation or provision contained or expressly referred to in this Clause 31 (Indemnities and Liability) is held to be invalid under any Law, it will be deemed omitted to that extent, and if any party becomes liable for loss or damage to which that limitation or provision applied, that liability will be subject to the remaining limitations and provisions set out in this Clause 31 (Indemnities and Liability). 31.13.2 Nothing in this Clause 31 (Indemnities and Liability) will act to reduce or affect a Party's general duty to mitigate its loss and for the avoidance of doubt including any circumstances under which a party has the benefit of an indemnity under this Agreement.

  • BREAK CLAUSE IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS. 5.1. The Landlord shall be entitled to serve upon the Tenant Statutory Notice of not less than two calendar months to break this tenancy. Such Notice: 5.1.1. Shall be at least 2 months’ notice to break this Tenancy 5.1.2. Shall not expire before the end of the «D0000_401C_0#Landlord_notice_take_effect» month of the term 5.

  • WAIVER CLAUSE The parties acknowledge that during the negotiations which resulted in this Agreement, each had the unlimited right and opportunity to make demands and proposals with respect to any subject matter not removed by law from the area of collective bargaining, and that the understandings and agreements arrived at by the parties after the exercise of that right and opportunity are set forth in the Agreement. Therefore, the Employer and the Association, for the life of this Agreement, each voluntarily and unqualifiedly waives the right and each agrees that the other shall not be obligated to bargain collectively with respect to any subject or matter not specifically referred to or covered in this Agreement, even though such subjects or matters may not have been within the knowledge or contemplation of either or both of the parties at the time that they negotiated or signed this Agreement.

  • General Clauses 29.1 This Deed of Sale constitutes the entire agreement between the Parties as to the subject matter hereof and no agreement, representation or warranty between the Parties other than those set out herein are binding on the Parties. 29.2 No extension of time, waiver, indulgence or suspension of any of the provisions of this agreement, which any Party hereto may have given, shall be binding unless recorded in a written document signed by all Parties. 29.3 No variation or alteration or cancellation of this Deed of Sale or any of the terms hereof, shall be of any force or effect, unless in writing and signed by the Parties hereto. 29.4 The Parties signing this document confirm that they have read and understood all of the terms and conditions contained herein and agree that they are bound hereto. 29.5 The Seller and the Purchaser warrants that they are duly authorised to sign acceptance of the Deed of Sale. 29.6 The agreements and undertaking of parties contained in this agreement shall each be construed as an agreement and undertaking independent of any other provision of this agreement. The parties hereby expressly agree that it is not the intention of any party to violate any public policy, statutory or common law, and that if any sentence, paragraph, clause or combination of the same is in violation of the law of the Republic of South Africa, such sentence, paragraph, clause or combination of the same alone shall be void in the jurisdiction where it is unlawful, and the remainder of such clause and this agreement shall remain binding upon the parties hereto. The parties further acknowledge that it is their intention that the provisions of this agreement be binding only to the extent that they may be lawful under existing applicable law of the Republic of South Africa, and in the event that any provision hereof is determined to be overly broad or unenforceable, the parties hereto agree to the modification of such provisions by their attorneys to the minimum extent required to make them valid and enforceable.

  • Final Clauses This Agreement will enter into force upon signature by both Parties and shall remain in force until completion of all obligations of the Parties under this Agreement.

  • 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

  • ZIPPER CLAUSE 201. Except as may be amended through the procedure provided below, this Agreement sets forth the full and entire understanding of the parties regarding the matters herein. This Agreement may be modified, but only in writing, upon the mutual consent of the parties.

  • Saving Clause If any provision(s) of this Agreement shall be determined to be illegal or unenforceable, such determination shall in no manner affect the legality or enforceability of any other provision hereof.

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