Examples of Intervening Act in a sentence
Where the Board considers that an Intervening Act has occurred or there is a reasonable likelihood that an Intervening Act will occur, then the Board may identify those Equity Securities which gave rise or are likely to give rise to that Intervening Act.
If any representation is made to the effect that an Intervening Act has not occurred and there is no reasonable likelihood that an Intervening Act will occur, the Board shall consult with the Kiwi Shareholder as to whether or not such act has occurred or there is such a reasonable likelihood.
If the Parties disagree as to the existence or duration of a delay resulting from an Intervening Act, either Party may seek judicial review of the need for the delay, including requests for injunctive relief.
Performance by either Party of its obligations under this Agreement shall be excused and the Term shall be tolled during any period of delay caused at any time by reason of any event beyond the control of City or Owner which prevents or delays performance by City or Owner of obligations under this Agreement (an "Intervening Act").
If City or Owner seeks excuse from performance due to an Intervening Act, it shall provide written notice of the Intervening Act and the resulting delay to the other Party within thirty (30) days of the commencement of the delay.
If any representation is made to the effect that an Intervening Act has not occurred and there is no reasonable likelihood that an Intervening Act will occur, the Board shall consult with the Kiwi Shareholder as to whether or not such act hasoccurred or there is such a reasonable likelihood.
Statements as to the rationale underlying the treatment of Claims and Interests under the Plan are not intended to, and will not, waive, compromise, or limit any rights, claims, or causes of action in the event the Plan is not confirmed.
Pension funds and Insurance companies are most suitable to fund infrastructure because of their liabilities but in India they are still a small source of fund for infrastructure despite the rapid growth in insurance penetration.