Fifth Paragraph definition

Fifth Paragraph. Neither the execution, delivery nor performance of this Agreement or any of the transactions contemplated hereby will (i) violate or conflict with any provision of the organizational documents of the PROMISING TRANSFEROR, (ii) result in a breach of or a default under any provision of any contract, agreement, lease, commitment, license, franchise, permit, authorization or concession to which the PROMISING TRANSFEROR is a party or bound or to which any property or asset of the PROMISING TRANSFEROR is subject or an event which with notice, lapse of time, or both, would result in any such breach or default, or (iii) result in violation by the PROMISING TRANSFEROR of any statute, rule, regulation, ordinance, code, order, judgment, writ, injunction, decree, or award, or an event which with notice, lapse of time, or both, would result in any such violation, which breach, default or violation would have a material adverse effect on the ability of the PROMISING TRANSFEROR to consummate the transactions contemplated hereby, provided the authorizations referred to in Clause Four are obtained. Clause Six: REPRESENTATIONS AND WARRANTIES OF THE PROMISING TRANSFEREE
Fifth Paragraph. The costs and expenses or any other economic charge, which causes the certification process outside of CAFECERT and necessary to advance or complete the certification
Fifth Paragraph. With the transfer of the Permissions, the parties consider automatically assigned and transferred to the PROMISING TRANSFEREE all the PROMISING TRANSFEROR's rights arising from any and all subscriber agreements. Clause Three: THE DEFINITIVE TRANSFER AGREEMENT(S) The definitive agreement(s) for the transfer of title to the Permissions shall be granted by the PROMISING TRANSFEROR in favor of PROMISING TRANSFEREE or in favor of whom it may indicate, it being recognized by the PROMISING TRANSFEROR, as of now, that the PROMISING TRANSFEREE has the right to be substituted in its contractual position in this Agreement one or more times, without the PROMISING TRANSFEROR's consent, pursuant to its option for the joint, isolated or grouped transfer of the Permissions, being able, for this purpose, to indicate one or several interested parties, as the case may be, subject to any applicable legal and regulatory requirements. Clause Four: TERM FOR THE EXECUTION OF THE DEFINITIVE AGREEMENT(S) The definitive agreement(s) for the transfer of title to the Permissions shall be executed by the PROMISING TRANSFEROR and PROMISING TRANSFEREE, as soon as the former has obtained from the Ministry of Communications the competent authorization in accordance with items 6.11 and 6.11.1 of the General Telecommunications Rule ("▇▇▇▇▇ ▇▇▇▇▇ de Telecomunicacoes") approved by Ordinance No. 232/91 of October 23 and item II.9, of the Specific Conditions of the Specific Telecommunications Rule ("▇▇▇▇▇ Especifica de Telecomunicacoes"), approved by Ordinance No. 257/91 of October 23, i.e. once the three (3) year period counted from the date of issuance of the functioning license (or such shorter period as may then be applicable) and the above referred express authorization is obtained.

Examples of Fifth Paragraph in a sentence

  • Shall be established in accordance with the provisions in the Fifth Paragraph of this numeral.

  • If either party breaks its promise in the Fifth Paragraph of this Agreement and files a lawsuit based on legal claims that either has released, the breaching party will pay for all costs incurred by the other party or any affiliate thereof including reasonable attorneys' fees, in defending against the claim.

  • Employee further recognizes that if he violates the provisions of this Fifth Paragraph, this Agreement shall otherwise remain in full force and effect, including Employee’s release of all claims.

  • Sole paragraph- The Parties agree that, during the year of 2003, Seller may, by means of a notification to Purchaser until the last but one Working Day of the month preceding every month of supply of the year 2003, at its shall and subject to the terms of Fifth Paragraph of 2nd Clause above, to add to the contracted Electrical Energy a supplementary volume up to 40 average MW for each of the months of year 2003, and in any of the months of year 2003, up to not more than 45 average MW.

  • If a party breaks its or his promise in the Fifth Paragraph of this Agreement and files a lawsuit or other claim or action based9 on legal claims that the party has released, that party will pay for all costs incurred by the other party, any related companies or the directors or employees of any of them, including reasonable attorneys' fees, in defending against the claim.

  • Sole Paragraph - The Parties agree that, during the year of 2003, Seller may, by means of a notification to Purchaser until the last but one Working Day of the month preceding every month of supply of the year 2003, at its shall and subject to the terms of Fifth Paragraph of 2nd Clause above, to add to the contracted Electrical Energy a supplementary volume up to 12 average MW for each of the months of year 2003, and in any of the months of year 2003.

  • Fifth Paragraph: The terms agreed on in this clause shall be automatically extended for thirty (30) days in the event that such terms have not been complied with on the date of the agreed on obligation.


More Definitions of Fifth Paragraph

Fifth Paragraph. The RECIPIENT PARTY shall, by its own means, adopt Personal Data protection instruments with its employees and suppliers, in order to preserve the confidentiality of the DISCLOSING PARTY's Personal Data. The Parties, including their witnesses, recognize the form of contracting by electronic and digital means as valid and fully effective, constituting an extrajudicial executive title for all legal purposes, even if it is established with an electronic signature or certification not issued by the Public Key Infrastructure Brazilian (ICP-Brasil), as provided for in article 10 of Provisional Measure No. 2200-2, of August 24, 2001. Having all Parties agreed, after being read and found to be in compliance, the Parties sign electronically, forwarding via the duly signed document to the other Party(ies). In the case of printed copies, the Parties being agreed, for the same purposes of law, sign this instrument in 03 (three) copies of equal content and form, in the presence of the witnesses named and subscribed below. Campinas, / / 2022 President Head of Force for Good ▇▇▇▇▇▇▇ ▇▇▇▇ Director-President FUNARBE witnesses:
Fifth Paragraph. The guarantee may be replaced at any time, by notice to CAIXA, observing the modalities provided in Law No. 8666, of June 21, 1993. CLAUSE 7 - VENUE The venue of the Federal Justice - Judiciary Section of Brasilia, Federal District, is competent to solve any issues resulting from this Certificate of Amendment.
Fifth Paragraph. The system is provided electronically via the internet (cloud computing), without the need for local installation. Security in the circulation and storage of data is guaranteed by the solutions: CLAUSE 7 - GENERAL PROVISIONS FIRST PARAGRAPH: The CONTRACTING PARTY authorizes its commercial name, brand and / or logo, as well as the photo, name, city and state of its condominiums registered with CONDOMOB to be placed on the clients page of the website ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇ belonging to the CONTRACTED PARTY while this contract is in force, without any remuneration for this authorization being due. SECOND PARAGRAPH: Neither party will be responsible for any delay or failure to comply with its obligations described herein, if such delay or failure results from facts beyond the control of the parties, or from its reasonable control, including acts of God and / or force majeure events. THIRD PARAGRAPH: Any damage that the CONTRACTING PARTY experiences due to improper use and or incorrect registration of data will not be the responsibility of the CONTRACTED PARTY.
Fifth Paragraph. The effectiveness of this instrument is subject to the reciprocal compliance with the obligations undertaken and the import and export laws in force.

Related to Fifth Paragraph