Clause 21. 02 The Local may post material the subject matter of which will be restricted to recreational and social activities of the Local, notice of meetings, notice of elections of the Local and the Union. Clause 21.03 All material will be subject to approval in writing by the Plant Manager or Manager, Human Resources before being posted.
Clause 21. 16.1 hereof is subject to the Company informing the union which has members employed at the particular enterprise of its intention to introduce an enterprise system of annual leave flexibility.
Clause 21. 2 shall not apply to any press release, public announcement or other communication with the news media made by the Purchaser (a) which is consistent with the Announcement and the terms of this Agreement and does not contain any further information relating to the Company Group to that which has been previously announced or made public in accordance with the terms of this Agreement or (b) is made in the ordinary course of business and does not relate specifically to the signing of this Agreement or the transactions contemplated by this Agreement.
Clause 21. 2 shall not apply to any press release, public announcement or other communication with the news media made by AerCap or any AerCap Entity (a) which is consistent with the Announcement and the terms of this Agreement and does not contain any further information relating to the Company Group to that which has been previously announced or made public in accordance with the terms of this Agreement or (b) is made in the ordinary course of business and does not relate specifically to the signing of this Agreement or the transactions contemplated by this Agreement.
Clause 21. 6(a) (Provision of valuations and information) of the Credit Agreement is amended to read in its entirety as follows: For purposes of this Clause 21, the Obligors at their expense shall cause a valuation of each Ship and any relevant existing charter to be made by an Approved Broker indicating the market value of such Ship, together with any relevant existing charter, at any time the Agent may request upon not less than 5 days’ prior written notice from the Agent to the Borrower.
Clause 21. 2.1.2 shall not apply to any alterations carried out pursuant to any Expansion.
Clause 21. On delivery the Sellers shall assign to the Buyers the warranty applicable under Article IX of the relevant Shipbuilding Contract, together with any additional and / or prolonged guarantees or warranties relating to the Vessel or her machinery or equipment given by manufacturers, subcontractors or suppliers. The Sellers shall use their best endeavours to ensure that the Builder and any such manufacturers, sub contractors and suppliers consent to such assignment, provided that if in any case and for any reason whatsoever such consent is not given, then the Sellers shall have no obligation or liability towards the Buyers except that the Sellers shall not diligently and reasonably as the Buyers’ agents in the enforcement of the warranty or warranties in question. Following delivery and full payment of the purchase price, Sellers will provide Buyers with a copy of the notice, which will be given to the Shipbuilder, when same will be available. Except as provided in Line 59 and Clause 11 herein the Sellers shall not be responsible towards the Buyers for any claim whatsoever relating to the description, specification, condition and performance of the vessel upon and after delivery of the vessel to the Buyers.
Clause 21. The Buyers shall have the right to assign as security any of their rights under this Agreement to a bank or another financial institution providing the Buyers with finance in relation to the acquisition of the Vessel. Clause 22 Any and all notices and communications in connection with this Agreement shall be in English and addressed as follows. If to the Buyers to: Xxxxxxxx Maritime Limited c/x Xxxxxxxx Management LLC Xxxxxxxx 00 & Xxxxxx Xxxxxx 000 00 Xxxxxxx Xxxxxx Xxxxxx Fax number: 000 00 00000 Attn.: Xx. Xxxxxxxx Molaris and Xx Xxxxx Xxxxxxxxxxxxx with cc to Xx. Xxxxxxx Xxxxxxxxxxxx If to the Sellers to: Cobelfret Bulk Carriers N. V. Xxxxxxxxxxxxx 00 Xxxxxxx Xxxxxxx Fax number: 32-3-829 9329 Attn: Xx. X. Verdonck Clause 23 The Sellers agree that QML is entitled to nominate one of its subsidiaries as the buyer of the Vessel (such subsidiary being called for the purposes of this Agreement, the “Nominee”) under this Agreement. It is further agreed between the Sellers and the Buyers that any such nomination is to be made by QML in writing at least 10 running dates before delivery of the Vessel and in connection therewith QML will also provide to the Sellers a copy of its letter nominating the Nominee as Buyers, which nomination shall be accepted by the Nominee by countersigning such letter. Finally, it is hereby agreed between the parties thereto, that upon such nomination taking place the Nominee shall become the “Buyers” for the purposes of this Agreement and shall have all the rights and obligations QML had by signing this Agreement. QML will remain responsible for all the obligations the Buyers have under this Agreement, notwithstanding the nomination of the Nominee, provided however that, to the extent that the Nominee duly performs and discharges (or procures the performance and discharge of) the duties and liabilities undertaken by the Buyers in this Agreement, then such performance and discharge of the said duties and liabilities by the Nominee shall be deemed to be proper and due performance and discharge of QML’s duties and liabilities under this Agreement and the Sellers’ shall not be construed by virtue of the terms of this Clause 23 that they have the right to ask QML to perform again any duty or liability that has already been performed by the Nominee. FOR THE BUYERS FOR THE SELLERS /s/ Xxxxx Xxxxxxxxxxxxx /s/ X. Xxxxxxxx Xxxxx Xxxxxxxxxxxxx Cobelfret Bulk Carriers NV Chief Commercial & Operations Officer X. Xxxxxxxx
Clause 21. 2.2 does not apply to:
Clause 21. 2.1.2 above shall not apply for the purpose of effecting necessary repairs to any fixtures at any Property or of replacing them with new or improved models or substitutes or in the case of any tenant's fixtures and fittings.
