Valid and Enforceable definition
Examples of Valid and Enforceable in a sentence
Valid and Enforceable Credit agreementsAs specifically and expressly disclosed in the Information Package, the Insured represents and warrants to the Company that the payment obligations of the Insured Risk (s) covered under the Policy is/are legally valid and enforceable under the laws of the Country2.
If the City disputes the notice, NYSDEC shall have 15 days from its receipt of the City’s response to determine, after consulting with the City, Executive Committee and Contracting Party, whether the permit condition requiring a Valid and Enforceable Program Contract has been violated and whether thereafter the City has missed a payment under such contract, and whether the City has not cured the failure to make such missed payment.
Liquidated Damages for Late Payment Under a Valid and Enforceable Program Contract.
Section 1.2. Dealer’s Specific Representations and Warranties Dealer hereby makes the following representations and warranties with respect to all Contracts, jointly and severally, and which are material to CIG Financial’s purchase of any Contract from Dealer:(a) Contract Valid and Enforceable.
For purposes of this paragraph, a Valid and Enforceable Program Contract shall mean a contract (i) for which the City has appropriated sufficient funds to allow it to make payments as they become due and owing; (ii) which has been registered pursuant to section 328 of the City Charter; and (iii) which remains in full force and effect and enforceable under applicable law during the term required by this Agreement ("Valid and Enforceable Program Contract").
A failure by the City to comply with the permit condition requiring a Valid and Enforceable Program Contract for a program shall not be a violation of the permit if (i) the City continues to make timely payments for the program in accordance with the terms of this Agreement and the applicable program contract or (ii) the City has properly terminated the contract pursuant to the terms thereof and the City complies with its obligation to continue to fund or complete the subject program.
The applicability of such an RF surveillance system, its practical limitations, and its ease of operation are being discussedwith the USCG to determine transition requirements and tasks at the end of the project.
Purchaser shall pay royalties hereunder with respect to Net Sales in each country in the Licensed Territory through the expiration of the last-to-expire Valid and Enforceable Patent covering the marketing and sale of the License Product in the relevant country or fifteen (15) years from the date of first commercial sale of the Licensed Product in such country, whichever is longer.
The Purchasers have the power, authority and capacity to execute and deliver this Agreement, to perform his or her obligations hereunder, and to consummate the Stock Purchase contemplated hereby.2.2 Valid and Enforceable Agreement; No Violations.
Principal adviser to officers and members on all public health matters.