Section 18 definition

Section 18. Add sub-section, Agreement to Negotiate Rights to the Resale Produce:" Under the following conditions the parties agree to enter into good faith negotiations for Paradyne to acquire the rights to manufacture, further develop, market, service and sell NetScout Resale Products. Discontinuance of the Resale Products defined in Exhibit A, provided no functionally equivalent substitute is made available at or below the specified price. NetScout becomes insolvent, or ceases to honor its commitment to deliver products under the terms of this Agreement. Material Breach of this Agreement by NetScout that is not cured within the time period as specified in Section 21, Term and Termination. Notwithstanding the foregoing, the obligations of NetScout under this Section are conditional upon Paradyne's ability to secure such manufacturing usage licenses or other proprietary rights of third parties, if any, as may be required to manufacture such Product. NetScout agrees to provide reasonable assistance to Paradyne to secure such rights."
Section 18 means section 18 of the Road Traffic Act 1961 (No. 24 of 1961) and references to subsections of section 18 shall mean to the relevant subsection of this section;
Section 18. 2: Amended Paper Sales Agreement. Section 18.2 of the Asset Purchase Agreement is hereby amended and restated in its entirety as follows:

Examples of Section 18 in a sentence

  • The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

  • Should the Contractor be liable for any payments to the State hereunder, interest, late payment charges and collection fee charges will be determined and assessed pursuant to Section 18 of the State Finance Law.

  • The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

  • The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

  • Should the Contractor be liable for any payments to the County hereunder, interest, late payment charges and collection fee charges will be determined and assessed pursuant to Section 18 of the State Finance Law to the same extent as though the contract was with the State of New York rather than the County.


More Definitions of Section 18

Section 18. Limitation Re: Escrow Agent’s Duties/Responsibilities/Liabilities to Third Parties. The Escrow Agent shall not be responsible or liable to any person in any manner whatever for the sufficiency, correctness, genuineness, effectiveness, or validity of this Agreement with respect to the City, or for the identity or authority of any person making or executing this Agreement for and on behalf of the City. The Escrow Agent is authorized by the City to rely upon the representations of the City with respect to this Agreement and the deposits made pursuant hereto and as to the City’s right and power to execute and deliver this Agreement, and the Escrow Agent shall not be liable in any manner as a result of such reliance. The duty of the Escrow Agent hereunder shall only be to the City and the holders of the Defeased Bonds. Neither the City nor the Escrow Agent shall assign or attempt to assign or transfer any interest hereunder or any portion of any such interest; provided, however, that such assignment or transfer by the Escrow Agent shall be permitted if such assignment or transfer is due to a merger, consolidation, conversion, or business sale of the Escrow Agent as described in the last paragraph of Section 17 hereof. Any such assignment or attempted assignment shall be in direct conflict with this Agreement and be without effect.
Section 18. All Section 19: All Section 20: S1/2; NW1/4; W1/2NE1/4 As to those areas encompassed by the following unpatented mining claims: Claim Name BLM Serial Number XXXXXX # 1 A NMC 319914 XXXXXX # 2 A NMC 319915 XXXXXX # 3 A NMC 319916 XXXXXX # 4 A NMC 319917 XXXXXX # 6 A NMC 319919 XXXXXX # 7 A NMC 319920 XXXXXX # 8 A NMC 319921 XXXXXX # 9 A NMC 319922 XXXXXX # 10 A NMC 319923 XXXXXX # 11 A NMC 319924 XXXXXX # 20 A NMC 319925 XXXXXX # 21 A NMC 319926 XXXXXX # 22 A NMC 319927 XXXXXX # 23 A NMC 319928 XXXXXX # 24 A NMC 319929 XXXXXX # 25 A NMC 319930 XXXXXX # 26 A NMC 319931 XXXXXX # 27 A NMC 319932 XXXXXX # 28 A NMC 319933 XXXXXX # 29 A NMC 319934 XXXXXX # 30 A NMC 319935 XXXXXX # 31 A NMC 319936 XXXXXX # 32 A NMC 319937 XXXXXX # 33 A NMC 319938 XXXXXX # 34 A NMC 319939 XXXXXX # 35 A NMC 319940 XXXXXX # 36 A NMC 319941 XXXXXX # 37 A NMC 319942 XXXXXX # 38 A NMC 319943 XXXXXX # 39 A NMC 319944 XXXXXX # 40 A NMC 319945 XXXXXX # 41 A NMC 319946 XXXXXX # 5 AA NMC 425608 XXXXXX # 70 A NMC 319947 XXXXXX # 71 A NMC 319948 XXXXXX # 72 A NMC 319949 XXXXXX # 73 A NMC 319950 - 11 - Claim Name BLM Serial Number XXXXXX # 74 A NMC 319951 XXXXXX # 75 A NMC 319952 XXXXXX # 76 A NMC 319953 XXXXXX # 77 A NMC 319954 XXXXXX # 78 A NMC 319955 XXXXXX # 79 A NMC 319956 XXXXXX # 80 A NMC 319957 XXXXXX # 81 A NMC 319958 DOLOMITE # 1 XXX 000000 XXXXXXXX # 0 XXX 000000 DOLOMITE # 3 XXX 000000 XXXXXXXX # 0 XXX 000000
Section 18. Change of Control at TGLT TGLT represents that its capital stock is directly and indirectly controlled by Xxxxxxxx Xxxxxxx Xxxx (“FNW”) jointly with certain other investors (FNW and those investors and any successor investors, to be informed to MGP within 48 hours after any such change occurs, even if publicly informed before that time, jointly referred to as “TGLT’s Controlling Parties”). TGLT agrees to cause TGLT’s Controlling Parties to maintain in the aggregate at all times actual control over TGLT. TGLT agrees that the following shall constitute events of default hereunder: (i) if TGLT’s Controlling Parties cease to actually control TGLT; or (ii) if FNW at any time owns less than 12,318,195 ordinary, book-entry shares of TGLT; or (iii) if FNW ceases to be (w) President and (x) responsible for the management and administrative direction (“CEO”) of TGLT or; (iv) any other shareholder or shareholders of TGLT acting jointly, whether pursuant to a shareholdersagreement or otherwise, (y) who own more capital stock or votes of TGLT than TGLT’s Controlling Parties or (z) elect directors of TGLT that may veto or block decisions of TGLT’s board of directors. The provisions of (iii) above, in the sense that FNW must meet both conditions described in (w) and (x) thereof, shall remain in force only until actual transfer of the Macro-plots pursuant to the provisions of Section 3 of the Division Agreement dated December 27, 2007. As used in this Section 18, the term “control” means to effectively (a) direct or cause the direction of the administrative policies or affairs of a person, and (b) prevail at shareholders’ meetings and elect and remove the majority of that person’s directors, whether through the ownership of voting securities, by contract or otherwise, electing FNW as one of those directors. Notwithstanding the above, if TGLT’s shares cease to be listed, TGLT’s Controlling Parties shall jointly maintain at all times shares representing over 50% of the capital stock and votes of TGLT, and FNW shall maintain at least 17.51% of the capital stock and votes of TGLT. TGLT shall provide MGP with any and all documentation as MGP may reasonably require and as sufficient to check the facts and assumptions associated with application of this clause, provided, however, that (i) this obligation by TGLT shall not apply in connection with documentation or contracts of which neither TGLT, nor FNW, nor any director elected by TGLT’s Controlling Parties is aware for any r...
Section 18 substitute “For Countydesignated persons in entirety with “City of Lake Wales, ATTN: Xxxxxxxxx Xxxxxxx, 000 X. Xxxxxxx Xxxxxx, Xxxx Xxxxx, XX 00000.
Section 18. Means of Expressing Wishes and Preferences
Section 18. The Second Amended and Restated Development Agreement by and between the County of Placer and Xxxx Xxxxxx, Trustee of the Xxxxxx Family Trust, a true and correct copy of which is attached hereto as Exhibit 18 and incorporated herein by reference, is hereby approved. (Property 17)
Section 18. 11 - Special Education Records - Security Special Education records shall be secured in accordance with law.