Term and Suspensive Condition Sample Clauses

Term and Suspensive Condition. This Agreement becomes effective on the date of its execution, provided that the guarantee in relation to the 2nd Secured Obligation and the 3rd Secured Obligation has its effectiveness suspended, in accordance with articles 121 and 125 et seq. of the Civil Code, subject to the implementation of the Suspensive Conditions, as the case may be, becoming fully effective and enforceable automatically, regardless of any amendment or notification.
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Term and Suspensive Condition. 2.1 Subject to Clause 2.2 (Conditions Precedent), this Agreement shall be effective from the Effective Date until the earlier of:

Related to Term and Suspensive Condition

  • Termination and Suspension Customer is entitled to suspend the performance of its obligations in whole or in part or terminate the Agreement with immediate effect, without prejudice to its right to claim damages and without any compensation to or indemnification of Supplier (i) in case Supplier has been declared bankrupt, is in a state of liquidation, has ceased or suspended whole or a substantial part of its business, is subject of a court order or preventative legal scheme of settlement, (ii) in case of non- compliance with the Compliance Requirements or the provisions of safety, health, environment and security or (iii) in case of not approved changes pursuant to article 10. After such termination Customer may return received Goods and/or Services in whole or partly against repayment and retransfer of ownership therein to Supplier.

  • Unsafe Work Conditions No employee shall be disciplined for refusal to work on an assignment which, in the opinion of:

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