Statutory Immunity Sample Clauses

A Statutory Immunity clause provides legal protection to a party by referencing specific laws that shield them from liability under certain circumstances. In practice, this clause applies when a party's actions are covered by governmental or legislative immunity, such as when a public official is performing duties within the scope of their authority. The core function of this clause is to ensure that parties are not held liable for actions that are legally protected, thereby reducing legal risk and clarifying the extent of responsibility in the agreement.
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Statutory Immunity. As provided under the Act, the Exchange or any Person or entity acting on its behalf, including any person or entity referred to under Rule 1.7.4 (Delegation and Assignment [of authority by the Exchange]) and their respective directors, officers, employees, representatives, and agents, shall be immune from any criminal or civil liability for anything done (including any statement made) or omitted to be done with reasonable care and in good faith in the course of, or in connection with, the discharge or purported discharge of its obligations under the Act or this Rules.
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Statutory Immunity. No clause of the Agreement is intended to vary or exclude, or to waive the benefit of, any immunity conferred on the Tubridgi Parties by any law.
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Statutory Immunity. As provided under the Securities and Futures Act, Chapter 289 of Singapore (the “Act”), the SGX-DT or any Person acting on its behalf including any director or any Committee Member shall be immune from any criminal or civil liability for anything done (including any statement made) or omitted to be done with reasonable care and in good faith in the course of, or in connection with, the discharge or purported discharge of its obligations under the Act or the Rules.
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Statutory Immunity. While performing duties under this Agreement, whether inside or outside the Code Enforcement Officer’s own jurisdiction, the Code Enforcement Officer shall possess:
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Statutory Immunity. ‌ (1) The Generator acknowledges that the terms of this Agreement do not represent a waiver by Essential Energy of, nor an agreement to vary or exclude, any limitation of Essential Energy’s liability under sections 119 or 120 of the NEL and section 316 of the NERL.
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Statutory Immunity. The parties stipulate and agree that the CITY shall undertake the responsibilities or restoration, repair and maintenance subject to the provisions of Chapter 497, Florida Statutes.
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Related to Statutory Immunity

  • Sovereign Immunity The State reserves all immunities, defenses, rights or actions arising out of the State’s sovereign status or under the Eleventh Amendment to the United States Constitution. No waiver of the State’s immunities, defenses, rights or actions shall be implied or otherwise deemed to exist by reason of the State’s entry into this Agreement.

  • Waiver of Sovereign Immunity Each Loan Party that is incorporated outside the United States, in respect of itself, its Subsidiaries, its process agents, and its properties and revenues, hereby irrevocably agrees that, to the extent that such Loan Party or its respective Subsidiaries or any of its or its respective Subsidiaries’ properties has or may hereafter acquire any right of immunity, whether characterized as sovereign immunity or otherwise, from any legal proceedings, whether in the United States or elsewhere, to enforce or collect upon the Loans or any Loan Document or any other liability or obligation of such Loan Party or any of their respective Subsidiaries related to or arising from the transactions contemplated by any of the Loan Documents, including, without limitation, immunity from suit, immunity from service of process, immunity from jurisdiction or judgment of any court or tribunal, immunity from execution of a judgment, and immunity of any of its property from attachment prior to any entry of judgment, or from attachment in aid of execution upon a judgment, such Loan Party, for itself and on behalf of its Subsidiaries, hereby expressly waives, to the fullest extent permissible under applicable law, any such immunity, and agrees not to assert any such right or claim in any such proceeding, whether in the United States or elsewhere. Without limiting the generality of the foregoing, each Loan Party further agrees that the waivers set forth in this Section 10.25 shall have the fullest extent permitted under the Foreign Sovereign Immunities Act of 1976 of the United States and are intended to be irrevocable for purposes of such Act.

  • Immunity Vendor agrees that nothing in this Agreement shall be construed as a waiver of sovereign or government immunity; nor constitute or be construed as a waiver of any of the privileges, rights, defenses, remedies, or immunities available to Region 8 Education Service Center or its TIPS Department. The failure to enforce, or any delay in the enforcement of, any privileges, rights, defenses,

  • Waiver of Immunity To the extent that the Company may be entitled in any jurisdiction in which judicial proceedings may at any time be commenced hereunder, to claim for itself or its revenues or assets any immunity, including sovereign immunity, from suit, jurisdiction, attachment in aid of execution of a judgment or prior to a judgment, execution of a judgment or any other legal process with respect to its obligations hereunder and to the extent that in any such jurisdiction there may be attributed to the Company such an immunity (whether or not claimed), the Company hereby irrevocably agrees not to claim and irrevocably waives such immunity to the maximum extent permitted by law.