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 SECOND SENTENCE OF THE THIRD PARAGRAPH IS CHANGED TO: Those provisions shall not apply to the review and approval of the design for proprietary walls, noise barriers, temporary sheeting, sheeting left in place, temporary structures, cofferdams, erection plans, traffic control/staging plans and precast concrete culverts or any other items where conceptual plans were included in the Contract Documents and the Contractor is required to complete the final design plans.

• THE THIRD PARAGRAPH IS CHANGED TO: The use of an MTV is optional for the construction of intermediate and surface course in the traveled way.

• Operate the MTV to ensure that the axle loading does not damage structures, roadway, or other infrastructure.2**************************************************************************************2or2**************************************************************************************2include one of the following if the above condition is not applicable THE THIRD PARAGRAPH IS CHANGED TO: Use an MTV for the construction of intermediate and surface course in the traveled way.

• THE THIRD PARAGRAPH IS CHANGED TO:When plant production occurs during night operations, provide permanently fixed lighting throughout the plant operations, plant laboratory, and truck scale areas to ensure a clear view of the operations.

• THE THIRD PARAGRAPH IS CHANGED TO:The use of an MTV is optional for the construction of intermediate and surface course in the traveled way.

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. 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. 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. 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. 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 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 xx Xxxxx xx Xxxxx 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:

THIRD PARAGRAPH. The guarantee will be released after the perfect performance of the agreement, provided that all the contractual terms, clauses and conditions have been fulfilled.