PARAGRAPH FIRST. Under no circumstances, any changes in the financial situation of THE BUYER or THE SELLER may be considered as Exculpatory Events under the Contract hereof. Neither THE BUYER nor THE SELLER shall be held responsible for non compliance or partial compliance of any or all of the obligations established in this agreement, when such failure to comply is caused by force majeure, act of nature or exculpatory events duly proven. Any Force Majeure, Acts of Nature and/or Exculpatory Events will not relieve THE BUYER of its obligations to pay THE SELLER the invoices related to the supply of crude oil that have been delivered by THE SELLER, according to the terms established in this Contract. Xxxxxx 00 xx 0 The occurrence of any of the events provided in this article shall not relieve under any circumstance to any of the Parties of the compliance with their contractual obligations, and/or those obligations incurred prior to the occurrence of the events mentioned in this clause. CLAUSE THIRTEENTH. APPLICABILITY OF COLOMBIAN LAWS: This Contract is governed by Colombian Law.
PARAGRAPH FIRST. The designation of administrators who are not Members when the capital stock is not fully paid in will be contingent on an unanimous decision by the Members. Paragraph Second – The following will be contingent on decisions by Members holding units of capital corresponding to at least 75% (seventy-five percent) of the capital stock: (i) amendments to the articles of incorporation; (ii) transformation, incorporation, merger, dissolution, liquidation, or cessation of the state of liquidation of the Company; (iii) dismissal of administrators; (iv) decisions on the compensation of the administrators; (v) filing for bankruptcy or insolvency of the Company; (vi) the assignment of units of capital to third parties; (vii) approval of Management’s reports; (viii) nomination and dismissal of liquidators and the judgment of their reports; and (ix) the nomination of nonmember administrator when the capital stock is fully paid in, or the referral of member administrators.
PARAGRAPH FIRST. This penalty is justified because in the aforementioned high seasons rental payments for the properties are paid in full by our company in order to guarantee fulfillment to our owners and renters. PARAGRAPH SECOND: CANCELATION OF THE RESERVATION BY XXXXX TROPICALES: Except as
Examples of PARAGRAPH FIRST in a sentence
TUTTLE: THAT THE MINUTES OF DECEMBER 14, 2009 BE AMENDED BY DELETING THE SECOND WORD “THERE” IN THE LAST PARAGRAPH, FIRST LINE.
PARAGRAPH FIRST: MAIDS Houses must be left in the same condition as they were received, included cleaning and general condition.
May 21,1986 to the JANE BURGIO -------- Secretary of State CERTIFICATE OF INCORPORATION ------------------------------ of ---- SRI CORPORATION ----------------- Pursuant to N.J.S. 14A:7-15.1(3), SRI CORPORATION, a New Jersey corporation, under its seal and the hands of its President and Secretary, does hereby certify as follows: PARAGRAPH FIRST: The name of the corporation is SRI CORPORATION.
Moffett, President PAGE AMENDED CERTIFICATE OF AMENDMENT F I L E D ---------------------------------- Jun 17,1986 to the JANE BURGIO -------- Secretary of State CERTIFICATE OF INCORPORATION ------------------------------- of ---- SRI CORPORATION ----------------- Pursuant to N.J.S 14A:7-15.1(3), SRI CORPORATION, a New Jersey corporation, under its seal and the hands of its President and Secretary, does hereby certify as follows: PARAGRAPH FIRST: The name of the corporation is SRI CORPORATION.
PARAGRAPH FIRST: Whenever requested and authorized by the BORROWER, BNB may confirm the payments made by the BORROWER to the guarantor Bank, as well as the amount of the BORROWER’s debit balance, related to this instrument.
More Definitions of PARAGRAPH FIRST
PARAGRAPH FIRST. The first release against the loan hereby granted shall only be made by BNB after physical and financial proof of the investment of BORROWER’s own funds, related to that release. PARAGRAPH SECOND – Any upward revisions of the budgets stipulated or the amounts effectively spent on the plan shall be covered by BORROWER’s own funds.
PARAGRAPH FIRST. The term for the CONTRACTED to daily meet the requirements performed by the CONTRACTOR which will be met in up to 48 hours except for the company checks code 4250-149 - check book with 50 pages that will be met in up to 30 (thirty) days, banker's check 4250-135, 4250-139, continuous check simple format, 1/8" and 4250-140 continuous check simple format 1/6" that will be met in up to 10 (tem) days.
PARAGRAPH FIRST. The values cited above include all the direct and indirect costs as well as all the phases of production, delivery, including raw material, simple and specialized labor, supervision, equipment use, security schemes and other resources necessary for the performance of the contracted services including the production of the forms of the produced checks. CLAUSE FOURTH The term for payment must be of 10 (tem) days as of the invoice date, provided that the services were effectively performed and that the delivered are in compliance with the mentioned specifications in the attached Agreement.
PARAGRAPH FIRST. “THE MINISTRY” shall fix each six (06) months, a date so that THE PARTIES, may proceed to the assessment of the performance of this Agreement. CLAUSE EIGHTH: GENERAL CONDITIONS
PARAGRAPH FIRST. In the occurrence of any of the premises hereto considered as fortuitous events or of Force Majore, “THE PARTIES” may by mutual agreement and through the mechanisms foreseen for the amendment of the Agreement, to renegotiate the terms and conditions that rule the term and execution thereof. PARAGRAPH SECOND: For the fortuitous events or of Force Majore provided in this Clause be used as exoneration of responsibility of “THE MINISTRY” or of “THE CORPORATION” it shall be indispensable that the Part that allege the Acts of God or of Force Majore, communicate to the other within a lapse of five (05) days following as of the date when such event occurred and to proved it within a lapse of fifteen (15) working days following the notification, as well as the expression of conformity by “THE MINISTRY” or of “THE CORPORATION” regarding the alleged facts. PARAGRAPH THIRD: Once the Acts of God or of Force Majore that result in a delay in the compliance of the Agreement, the duration foreseen for the execution thereof shall be extended in the same number of days of delay.
PARAGRAPH FIRST. The notice for the Meeting shall be sent by internal correspondence, email, or fax, and will include the location, date and time of the Meeting, as well as the matters to be discussed, with express waiver of notice published in a newspaper. Paragraph Second – The appearance of all Members, or their statement that they are aware of the location, date, time, and order of the day, shall obviate prior notice.
PARAGRAPH FIRST. The value of the administration quota must also be given to the Landlord that commits itself to directly cancel it to the administration of the Building. The LESSOR will become person in charge of the damages who gets to undergo the LEDGER for the case in that she fails to fulfill the obligation that she acquires through this clause.