Suspension or Delay Sample Clauses

Suspension or Delay. (i) Notwithstanding anything herein to the contrary in this Agreement, the Company may (x) delay filing a registration statement pursuant to this Section 3 or an amendment thereto, and may withhold efforts to cause such a registration statement or amendment thereto to become effective or (y) as applicable, by written notice to a selling Holder, may direct such selling Holder to suspend sales of the Registrable Securities pursuant to such registration statement, in each case for such times as the Company reasonably may determine is necessary and advisable (but in no event for more than an aggregate of sixty (60) days in any rolling 12-month period commencing on the date of this Agreement with respect to all suspensions or delays pursuant to this Section 3(f)) if any of the following events shall occur: (A) the board of directors of the Company determines in good faith after consultation with outside counsel that such action is required by applicable law; (B) the board of directors of the Company determines in good faith after consultation with outside counsel that the filing or use of the registration statement or amendment thereto would require the Company to disclose material information, including, without limitation, the fact that the Company is engaged in confidential negotiations regarding, or is in the process of completing, any significant business transaction, the disclosure of which would not be required in the absence of such registration statement, and the board of directors of the Company determines in good faith that such disclosure would be materially detrimental to the Company and its stockholders or (C) the Holders of a majority of the Registrable Securities covered or to be covered by such registration statement consent in writing to such delay or suspension. Upon the occurrence of any such delay or suspension, the Company shall use its reasonable best efforts to cause the registration statement to become effective, to promptly amend or supplement the registration statement on a post-effective basis or to take such action as is necessary to permit resumed use of the registration statement as soon as possible. (ii) In the case of an event specified in Section 3(f)(i) that causes the Company to delay, withhold or suspend the use of a registration statement (a "Suspension Event"), the Company shall give written notice (a "Suspension Notice") to the selling Holders to delay, withhold or suspend sales of the Registrable Securities and such noti...
AutoNDA by SimpleDocs
Suspension or Delay. The Town may order the Contractor, in writing, to suspend, delay or interrupt all or any part of the Services without cause for such period of time as the Town may determine to be appropriate for its convenience. In the event of any such suspension, delay or interruption, the Contractor’s compensation shall be equitably adjusted. No adjustment shall be made if the Contractor is or otherwise would have been responsible for the suspension, delay or interruption of the Services, or if another provision of this Contract is applied to render an equitable adjustment.
Suspension or Delay. Notwithstanding anything to the contrary on this Agreement, the Company may delay filing a registration statement and may withhold efforts to cause the registration statement to become effective, if the Company determines in good faith that such registration might (a) interfere with or affect the negotiation or completion of any transaction that is being contemplated by the Company (whether or not a final decision has been made to undertake such transaction) at the time the right to delay is exercised, or (b) involve initial or continuing disclosure obligations that might not be in the best interest of the Company's shareholders. If, after a registration statement becomes effective, the Company advises the holders of registered shares that the Company considers it appropriate for the registration statement to be amended, the holders of such registered shares shall suspend any further sales of their registered shares until the Company advises them that the registration statement has been amended. Notwithstanding the foregoing, the Company shall not so delay, withhold or cause such suspension for more than an aggregate of 120 days without the consent of the Holders holding more than 50% of the Remaining Registrable Shares.
Suspension or Delay. 7.1 The Company may by notice in writing to the Contractor direct that the whole or any part of the supply of Services be suspended for such time as the Company thinks fit, and upon receipt of the notice the Contractor must immediately suspend the supply of those Services identified in the notice. When the reason for suspension no longer exists, the Company Representative will direct the Contractor to recommence the supply of the Services, and the Contractor must comply with that direction as soon as is reasonably practicable. 7.2 The Contractor must do all things reasonably necessary to reduce any cost or expense consequent upon the suspension, and then the Contractor may, in full compensation for the suspension, be paid: (a) reasonable costs incurred by the Contractor directly referable to redundant personnel or labour holding expenses during the period of suspension; (b) demobilisation and remobilisation charge for the actual costs incurred by the Contractor for demobilising and remobilising Personnel and equipment; or (c) both charges 7.3 No suspension directed by the Company or otherwise arising, shall vitiate this Agreement. 7.4 If the Company’s Representative is of the opinion that the Contractor will not be able to complete the Services or any part of the Services in accordance with this Agreement, then the Company’s Representative (without prejudice to the Company 's other rights under this Agreement) may instruct the Contractor to work overtime (including night shifts, Saturdays, Sundays and public holidays) and to provide all necessary additional labour, supervision and plant to achieve and maintain adherence to the agreed Services delivery schedule at no additional cost to the Company, until such time as the performance of the Services is in accordance with the agreed Services delivery schedule. The Contractor must comply with any instruction from the Company’s Representative given in accordance with this clause 7. 7.5 To the extent that the Contractor is unable to perform all or any part of the Services in accordance with this Agreement for any reason (including Force Majeure), the Company may, in its sole discretion, source such part of the Services from any third party (Alternative Services). 7.6 If the Company exercises its rights under clause 7.5 to source Alternative Services, the Contractor is responsible for all incremental costs to the Company associated with sourcing the Alternative Services, except where the reason for the inability ...
Suspension or Delay. If Buyer causes delays due to interruption of the progress of work, failure to obtain necessary permits or provide necessary drawings, information, required labor, material, facilities, or apparatus, or does not adequately prepare the job site, a day to day extension of the due date will be applied, and the Buyer will, upon the Sellers demand, reimburse the Seller for all reasonable costs and expenses caused thereby. Reasonable costs and expenses shall include, but not limited to, any additional cost for travel and lodging, equipment storage fees, any necessary overtime work on Saturdays, Sundays, and holidays or hours in excess of eight (8) per day, which labor costs will be charged at Seller’s standard and overtime rates in effect from time to time.
Suspension or Delay. Notwithstanding anything to the contrary in this Agreement, the Company may delay filing any registration statement and may withhold efforts to cause the registration statement to become effective, if the Company determines in good faith that such registration might (a) interfere with or affect the negotiation or completion of any transaction that is being contemplated by the Company (whether or not a final decision has been made to undertake such transaction) at the time the right to delay is exercised, or (b) involve initial or continuing disclosure obligations that might not be in the best interest of the Company's
Suspension or Delay. The Association may order the Contractor, in writing, to suspend, delay or interrupt all or any part of the Services without cause for such period of time as the Association may determine to be appropriate for its convenience. In the event of any such suspension, delay or interruption, the Contractor’s compensation shall be equitably adjusted. No adjustment shall be made if the Contractor is or otherwise would have been responsible for the suspension, delay or interruption of the Services, or if another provision of this Contract is applied to render an equitable adjustment.
AutoNDA by SimpleDocs
Suspension or Delay. Customer may suspend or delay any or all of the Work at its discretion. However, during any such suspension or delay, Customer shall continue to pay to MPW at the rates set forth in Exhibit A if the suspension or delay takes place after the Start-Up Date. If the suspension or delay takes place prior to the Start-Up Date, then Customer shall pay MPW for any costs of equipment storage, equipment idling, and the standard T&M Rates for any time worked by MPW employees on the Agreement during such suspension or delay. In the event that the suspension or delay continues for more than ninety (90) calendar days beyond the Delivery Date, then MPW shall have the right to begin charging Customer the fixed monthly rates set forth in Exhibit A and the Start-Up Date shall be considered equal to such 90th day beyond the Delivery Date, unless otherwise agreed to by the parties in a written amendment signed by both parties. MPW shall have the right to suspend the Work, or part(s) thereof, when continuation of the Work is or will become unreasonably hazardous to life or property, or if a suspension is necessary for health or environmental reasons. MPW may also, in its sole discretion, suspend Work in the event of repeated or egregious non-payment by Customer of invoiced amounts payable to MPW. In the event of any termination of this Agreement, MPW shall have access to and the right to remove MPW’s equipment from Customer’s site. MPW shall not be charged any amount for such access. No expiration, termination or cancellation of this Agreement shall relieve either party of its obligations or remedies under this Agreement, with respect to (i) any incidents which occurred prior to the date of such expiration, termination or cancellation, (ii) the confidentiality obligations contained herein and, or (iii) the indemnification provisions contained herein, each of which shall survive the expiration, termination, or cancellation hereof.

Related to Suspension or Delay

  • Suspension or Termination In accordance with 24 CFR 85.43, the Grantee may suspend or terminate this Agreement if the Recipient materially fails to comply with any terms of this Agreement, which include (but are not limited to), the following: 1. Failure to comply with any of the rules, regulations or provisions referred to herein, or such statutes, regulations, executive orders, and HUD guidelines, policies or directives as may become applicable at any time; 2. Failure, for any reason, of the Recipient to fulfill in a timely and proper manner its obligations under this Agreement; 3. Ineffective or improper use of funds provided under this Agreement; or 4. Submission by the Recipient to the Grantee reports that are incorrect or incomplete in any material respect. In accordance with 24 CFR 85.44, this Agreement may also be terminated for convenience by either the Grantee or the Recipient, in whole or in part, by setting forth the reasons for such termination, the effective date, and, in the case of partial termination, the portion to be terminated. However, if in the case of a partial termination, the Grantee determines that the remaining portion of the award will not accomplish the purpose for which the award was made, the Grantee may terminate the award in its entirety.

  • Suspension or Debarment Certification Read the instructions in the attribute above and then answer the following accurately. Vendor certifies that neither it nor its principals are presently debarred, suspended, proposed for debarment, declared ineligible, or voluntarily excluded from participation in this transaction by any Federal department or agency. Does Vendor certify? Yes, Vendor certifies criminal history record information regarding covered employees. Contractors must certify to the district that they have complied. Covered employees with disqualifying criminal histories are prohibited from serving at a school district pursuant to this law.

  • Certification Regarding Suspension or Debarment Contractor certifies under the pains and penalties of perjury that, as of the date this contract amendment is signed, neither Contractor nor Contractor’s principals (officers, directors, owners, or partners) are presently debarred, suspended, proposed for debarment, declared ineligible or excluded from participation in federal programs, or programs supported in whole or in part by federal funds.

  • Suspension of Work The Department may, at its sole discretion, suspend any or all activities under the Contract, at any time, when it is in the best interest of the State of Florida to do so. The Customer may suspend a resulting contract or purchase order, at any time, when in the best interest of the Customer to do so. The Department or Customer will provide the Contractor written notice outlining the particulars of the suspension. After receiving a suspension notice, the Contractor must comply with the notice and will cease the performance of the Contract or purchase order. Suspension of work will not entitle the Contractor to any additional compensation. The Contractor will not resume performance of the Contract or purchase order until so authorized by the Department.

  • Suspension of Services We have the right to suspend the benefit of any Credit Union service at any time for reasonable cause. At Our discretion, We also have the right to pay any share draft presented for payment from Your Account after Your Account is closed or suspended and to recover such amount paid from You.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!