Inure definition

Inure has the meaning set forth in the Preamble.
Sample 1Sample 2
Inure for the purposes of this Act means, to take effect or to come to the benefit of a person or to fix an interest therein.
Sample 1

Examples of Inure in a sentence

  • Fines and Penalties Inure to Use of City All fines and penalties for the violation of any ordinance, or of any order of the City Council, shall, when recovered, inure to the use of the City and be paid into the City treasury, unless it be otherwise provided by law or ordinance.

  • Not to Inure Clause Duty of Assured Clause Waiver Clause Reasonable Despatch Clause English Law and Practice Clause NOTE:- It is necessary for the Assured when they become aware of an event which is “held covered” under this insurance to give prompt notice to the Underwriters and the right to such cover is dependent upon compliancewith this obligation.

  • Neither party shall be entitled to assign its rights and/or obligations under this Agreement.2. Subject to the foregoing, this Agreement shall be fully binding upon, Inure to the benefit of and be enforceable by the parties hereto and the respective successors and permitted assigns.

  • The Debtor's requested use of cash collateral and the protections afforded to the secured creditor herein are reasonable, appropriate and sufficient to satisfy the legal standard of "adequate protection" and will serve to maintain the value of the secured creditor's alleged collateral.B. The Use of Cash Collateral Will Preserve the Debtor’s Going Concern Value in Its- Property Which Will Inure to the Benefit of the Secured Creditor and to Other Creditors.

  • The right to indemnification will Inure whether or not the claim asserted is based on matters that predate the adoption of this Section 6, will continue as to an Indemnitee who has ceased to hold the position by virtue of which he or she was entitled to indemnification, and will inure to the benefit of his or her heirs and personal representatives.

  • Neither party shall be entitled to assign its rights and / or obligations under this Agreement.2. Subject to the foregoing, this Agreement shall be fully binding upon, Inure to the benefit of and be enforceable by the parties hereto and the respective successors and permitted assigns.

  • Any person who shall violate any provision of this ordinance shall be punished upon conviction, by a fine of not less than twenty-five dollars ($25.00) and not more than one hundred dollars ($100.00) and all fines shall Inure to the Town of Cape Elizabeth.

  • Not to Inure clause The Carriage of Goods by Sea Act provides that the carrier may not exempt himself from liability beyond the limits permitted to him by the Act.

  • The Purpose of the Amendment is to Allow the Easement to “Run with the Land” and to Inure to the Benefit of the Private Property it Abuts.

  • All covenants and agreements by or on behalf of Borrower contained in this Agreement or any Related Documents shall bind Xxxxxxxx's successors and assigns and shall Inure to the benefit of Lender and its successors and assigns.

Related to Inure

  • Successors and Assigns as used herein shall mean a corporation or other entity acquiring all or substantially all the assets and business of the Company (including this Agreement) whether by operation of law or otherwise.

  • Heirs means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent.

  • Successors as used in this Agreement shall not include any purchaser, as such purchaser, of any of the [Unsecured Notes] from any of the respective Underwriters.

  • assigns shall not include any purchaser of Securities merely because of such purchase.

  • Bind, "binding," or "bound" means securing more than one piece of paper

  • Benefit means anything reasonably regarded as pecuniary gain or pecuniary advantage, including benefit to any other person in whose welfare the beneficiary has a direct and substantial interest.

  • Permitted Assigns means a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement.

  • Enforceable means, with respect to any Contractual Obligation stated to be Enforceable by or against any Person, that such Contractual Obligation is a legal, valid and binding obligation of such Person enforceable by or against such Person in accordance with its terms, except to the extent that enforcement of the rights and remedies created thereby is subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application affecting the rights and remedies of creditors and to general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

  • Transferees as defined in subsection 10.5(g).

  • The terms affiliated person," "assignment," "interested person" and "vote of a majority of the outstanding voting securities", when used in this Agreement, shall have the respective meanings specified in the Investment Company Act.

  • Permitted Assign means, for a person that is an employee, executive officer, director or consultant of an issuer or of a related entity of the issuer,

  • Administrators means each of David Friedman and Mark Wendel, solely in such Person's capacity as Administrator of the Trust continued hereunder and not in such Person's individual capacity, or such Administrator's successor in interest in such capacity, or any successor appointed as herein provided.

  • Assignees has the meaning specified in Section 10.07(b).

  • Permitted Assignees shall have the meaning set forth in Section 3(e) hereto;

  • Assign means to assign, novate, transfer, part possession with, license, charge, mortgage, become trustee of, grant an option or other right over or otherwise deal with or encumber, and “Assignment” and “Assignee” shall have comparable meanings;

  • Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if the Reference Entity is guaranteeing such Loan) or any agent;

  • Nothing herein shall be construed to require the Trust to accept any offer to purchase any Trust Interests, all of which shall be subject to approval by the Board of Trustees.

  • Successor personal representative means a personal representative, other than a special administrator, who is appointed to succeed a previously appointed personal representative.

  • EIRs means the Environmental Information Regulations 2004;

  • Survive means that an individual neither predeceases an event, including the death of another individual, nor is considered to predecease an event under section 2104 or 2702.

  • Binding Effect The provisions, covenants and conditions in this Contract apply to bind the parties, their legal heirs, representatives, successors, and assigns.

  • Permitted Transferees means any person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter, this Agreement and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Person entitled to enforce an instrument means (i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 490:3-309 or 490:3-418(d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.

  • Heir means, except as controlled by section 2720, a person, including the surviving spouse or the state, that is entitled under the statutes of intestate succession to a decedent's property.

  • Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.

  • Third Party Beneficiaries has the meaning ascribed thereto in Section 8.8(1).