THIRD PARAGRAPH definition
THIRD PARAGRAPH. For purposes of the provisions of the preceding paragraph, the PROMISING TRANSFEROR grants on the date hereof an irrevocable power-of-attorney to persons chosen by mutual agreement between the PROMISING TRANSFEROR and the PROMISING TRANSFEREE, conferring upon them the necessary powers to carry out the transfer.
THIRD PARAGRAPH. The PROMISING TRANSFEREE shall cooperate, in a diligent and active manner, for the accomplishment of occasional bureaucratic requirements and, if necessary, to search for the alternative solutions in order to allow such transfer, being provided that said solutions are not excessively burdensome.
THIRD PARAGRAPH. As of the date of this Agreement, the PROMISING TRANSFEROR has good title to all of the Permissions, free and clear of any and all liens, charges, pledges, mortgages, security interests or other encumbrances of any kind, except for governmental restrictions on the transfer thereof.
Examples of THIRD PARAGRAPH in a sentence
THE CONTENT OF THIS SUBSECTION IS DELETED THE FOLLOWING ITEM IS DELETED: TELEPHONE SERVICE LUMP SUM THE THIRD PARAGRAPH IS DELETED.
THE THIRD PARAGRAPH IS CHANGED TO: If the Contractor’s CPM Progress Schedule update is not approved by the date of the progress meeting for the following update, the Department will assess liquidated damages to recover the Department’s increased administrative costs.
THIRD PARAGRAPH The obligation of paying rentals on behalf THE LESSEE will not terminate by the fact of ceasing temporary or definitively operation of the leased equipment or due to repair, transference, transformation, strike or a catastrophe at the corporation, and in general for any non attributable cause to THE LESSOR.
THE THIRD PARAGRAPH IS CHANGED TO: The Contractor may propose alternate staging.
THE THIRD PARAGRAPH IS CHANGED TO: Submit working drawings on 22 × 36-inch sheets.
More Definitions of THIRD PARAGRAPH
THIRD PARAGRAPH. In case that THE SELLER is interested in doing factoring with the invoices issued in respect to this Agreement, it shall give the first option to do so to THE BUYER.
THIRD PARAGRAPH. Once the certification process has started in any of its stages, the money will not be returned to the clients because the costs and expenses associated with the certification process have already been incurred. Paragraph four: Failure to pay within the times established by any of the obligations generated in the certification process implies the termination of the certification process.
THIRD PARAGRAPH. In case THE SELLER is interested in any factoring with the invoices issued in connection with this Commercial Offer, the option in first instance shall be offered to THE BUYER.
THIRD PARAGRAPH. The reception and inspection costs in the case of stations agreed between the parties and not operated by ECOPETROL, shall be recognized directly by THE SELLER to the respective operating company. THE BUYER shall not make any additional acknowledgment on said items.
THIRD PARAGRAPH. The motion for the nullity of the arbitral award 154 may also be submitted under a debtor's defense, in accordance with Articles 741 and following of the Code of Civil Procedure, if a judicial enforcement is instituted. Article 34 156 A foreign arbitral award shall be recognised or enforced in Brazil 157 pursuant to international treaties effective in the national le- gal system, or, if non-existent, strictly in accordance with the present Law. Sole Paragraph: A foreign arbitral award is an award made out- 158 side of the national territory.
THIRD PARAGRAPH. The obligations stipulated in this clause govern the relations between the Parties in the pre-contractual, contractual and post-contractual stages and will be in effect for as long as the information remains secret, confidential or reserved. TWELFTH. USE OF BRANDS, LOGOS, INSIGNIA AND / OR TRADEMARK NAMES AND STATEMENTS
THIRD PARAGRAPH. The value of each share of credit to placed at the CREDIT RECIPIENT's disposal shall be calculated according to the criterion established in the institution law on Long Term Interest Rate - TJLP (Taxa ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ Prazo) to determine the balances owed on the financings contracted by the BNDES System by November 30, [illegible line] between the date of this Contract and the release date. SECOND CLAUSE - CREDIT USE: The credit referred to in the FIRST CLAUSE will be used by the CREDIT RECIPIENT during a period of at most 10 (ten) months counting from the date this document is signed, in a single draft, for Subcredit "A" and 04 (four) quarterly drafts for Subcredit "B," with the Timetable of Investments and Disbursements of the project and the pending conditions listed below, in addition to the lack of a fact of an economic-financial nature which, in the judgement of the BNDES and/or DESENBANCO, may compromise the execution of the undertaking that is now being financed in such a way as to alter it or make its realization impossible under the terms stipulated in the approved project: I - To use the FIRST DRAFT of Subcredit "B," in the amount of R$ 844.773.12, the CREDIT RECIPIENT must: