DELAY AND SUSPENSION Sample Clauses

DELAY AND SUSPENSION. 2.1 You must take all reasonable steps to minimise delay in completion of the Project.
Sample 1Sample 2Sample 3See All (14)
AutoNDA by SimpleDocs
DELAY AND SUSPENSION. If Issuer is aware of any event which has occurred or which it reasonably expects might occur within the next ninety days, and such event would cause (or Issuer believes might cause) the Registration Statement (or any prospectus) to contain any untrue statements of a material fact or omit to state any fact necessary to make the statements therein in light of the circumstances under which they are made not misleading, or if Issuer, in its discretion, makes a determination that a Registration Statement should not be filed, then notwithstanding any other provision of this Section 6.5, Issuer, upon notice to Holder, may delay filing any Registration Statement otherwise required hereunder or may withdraw or suspend any then pending Registration Statement. Upon any such delay or suspension no further demand need be made with respect to those Registrable Securities subject to such delay or suspension, and the three year period set forth in Section 6.5.3 will be extended with respect to such Registrable Securities for the period of such delay or suspension.
Sample 1
DELAY AND SUSPENSION. Mammoet is entitled to suspend (including partly) its obligations under the Agreement if the Client is in default in fulfilling one or more of its obligations under the Agreement, or has stopped fulfilling one or more of its obligations under the Agreement, including payment of any amount due by virtue of the Agreement, without any prior notification or notice of default being required. If the scope and/or progress of the Services is delayed and/or suspended as a result of circumstances that are not caused by Mammoet, Mammoet shall be entitled to compensation and an extension of time.
Sample 1
DELAY AND SUSPENSION. Mammoet is entitled to suspend (including partly) its obligations under the Agreement if the Lessee is in default in fulfilling one or more of its obligations under the Agreement, or has stopped fulfilling one or more of its obligations under the Agreement, including payment of any amount due by virtue of the Agreement, without any prior notification or notice of default being required. In the case of suspension in accordance with this paragraph, the Lessee will continue to compensate Mammoet at the Lease Rate (or pursuant to article 11 as the case may be) until conclusion of the suspension or termination of the Agreement in accordance with these General Terms and Conditions. Xxxxxx releases and agrees to hold Mammoet harmless from and against any liability for delay by Mammoet in the performance of its obligations regardless of cause.
Sample 1
DELAY AND SUSPENSION. The Council must take all reasonable steps to minimise delay in completion of the Activity. If the Council becomes aware that it will be delayed in progressing or completing the Activity in accordance with this Agreement and the Activity Work Plan, the Council must immediately notify VicHealth in writing of the cause, nature and estimated length of the delay including all steps that will be taken to contain the delay. On receipt of a notice of delay, VicHealth may at its option: notify the Council in writing of a proposed period of extension to complete the Activity and related proposed variations to this Agreement; notify the Council in writing of a proposed reduction in the scope of the Activity and any proposed reduction to the Funding to complete the reduced Activity and related proposed variations to this Agreement; notify the Council in writing of a proposed period of suspension of the Activity and related proposed variations to this Agreement; terminate this Agreement or take such other steps as are available under this Agreement. The Council acknowledges that in the event that this Agreement is terminated then VicHealth may engage a third party to complete the Activity. If the Council agrees to a reduction or suspension of the Activity pursuant to clause 4.4(c)(ii) or 4.4(c)(iii), VicHealth will not be liable to pay compensation for loss of any benefits that would have been conferred on the Council had the suspension not occurred.
Sample 1
DELAY AND SUSPENSION. Xxxxxxxxx.xxx may delay or suspend the -------------------- effectiveness of the Registration Statement or BGI's ability to sell Shares pursuant to the Registration Statement (referred to herein as a "postponement") for a reasonable period of time (i) if Xxxxxxxxx.xxx determines, in its reasonable judgment, that sales of Shares by BGI thereunder would interfere with any financing, acquisition, corporate reorganization or other material transaction involving Xxxxxxxxx.xxx or any of its Affiliates or would require premature disclosure thereof, or (ii) because (A) Xxxxxxxxx.xxx concludes that there exists material nonpublic information that in Xxxxxxxxx.xxx's reasonable judgment would require a prospectus supplement or post-effective amendment to be filed with the Commission, or (B) Xxxxxxxxx.xxx concludes that it is necessary for Xxxxxxxxx.xxx to supplement the prospectus included in the Registration Statement or make an appropriate filing under the 1934 Act so as to cause the prospectus to become current, by delivering to BGI written notice of such postponement; provided, however, that if Xxxxxxxxx.xxx files any other registration statement (excluding registration statements on Form S-8) during this postponement period, the postponement period initiated by such notice shall terminate immediately. The written notice to BGI need not describe the circumstances resulting in the delivery of the notice, but shall include a certification by Xxxxxxxxx.xxx that Xxxxxxxxx.xxx has similarly postponed the use of its other registration statements (other than Form S-8 registration statements) relating to sales of shares by stockholders and has taken steps to prohibit sales by its officers and directors under its xxxxxxx xxxxxxx compliance program. During any postponement, Xxxxxxxxx.xxx's obligation under this Agreement to seek effectiveness of the Registration Statement or keep such Registration Statement current or effective shall be deferred. If Xxxxxxxxx.xxx effects a postponement hereunder, Xxxxxxxxx.xxx will promptly deliver notice to BGI of such postponement and will again deliver notice to BGI when such postponement is no longer necessary (including, without limitation, if postponements relating to sales of shares by stockholders pursuant to other registration statements or the steps to prohibit sales by its officers and directors have been terminated). If Xxxxxxxxx.xxx effects a postponement hereunder, Homestore will cause the amendment, supplement or filing to b...
Sample 1
DELAY AND SUSPENSION. If Issuer is aware of any event which has occurred or which it reasonably expects might occur within the next ninety days, and such event would cause (or Issuer believes might cause) the Registration Statement (or any prospectus) to contain any untrue statements of a material fact or omit to state any fact necessary to make the statements therein in light of the circumstances under which they are made not misleading, then notwithstanding any other provision of this Section 7.3, Issuer upon notice to Holder, may delay filing any Registration Statement otherwise required hereunder or may withdraw or suspend for up to ninety days any then pending Registration Statement. Upon any such delay or suspension no further demand need be made with respect to those Registrable Securities subject to such delay or suspension, and the three year period set forth in section 7.3.3 will be extended with respect to such Registrable Securities for the period of such delay or suspension. 7.3.6
Sample 1
AutoNDA by SimpleDocs
DELAY AND SUSPENSION. If Issuer is aware of any event which has occurred or which it reasonably expects might occur within the next ninety days, andsuch event would cause (or Issuer believes might cause) the Shelf Registration Statement (or any prospectus) to contain any untrue statements of a material fact or omit to state any fact necessary to make the statements therein in light of the circumstances under which they are made not misleading, then notwithstanding any other provision of this Section 7.3, Issuer upon notice to Holder, may delay filing any Shelf Registration Statement otherwise required hereunder or may withdraw or suspend for up to ninety days any then pending Shelf Registration Statement. 7.3.5
Sample 1

Related to DELAY AND SUSPENSION

  • Termination and Suspension Customer is entitled to suspend the performance of its obligations in whole or in part or terminate the Agreement with immediate effect, without prejudice to its right to claim damages and without any compensation to or indemnification of Supplier (i) in case Supplier has been declared bankrupt, is in a state of liquidation, has ceased or suspended whole or a substantial part of its business, is subject of a court order or preventative legal scheme of settlement, (ii) in case of non- compliance with the Compliance Requirements or the provisions of safety, health, environment and security or (iii) in case of not approved changes pursuant to article 10. After such termination Customer may return received Goods and/or Services in whole or partly against repayment and retransfer of ownership therein to Supplier.

  • No Suspension Trading in the Common Stock shall not have been suspended on the Exchange and the Common Stock shall not have been delisted from the Exchange.

  • No Suspension, Etc Trading in the Company’s Common Stock shall not have been suspended by the Commission or the OTC Bulletin Board (except for any suspension of trading of limited duration agreed to by the Company, which suspension shall be terminated prior to the Closing), and, at any time prior to the Closing Date, trading in securities generally as reported by Bloomberg Financial Markets (“Bloomberg”) shall not have been suspended or limited, or minimum prices shall not have been established on securities whose trades are reported by Bloomberg, or on the New York Stock Exchange, nor shall a banking moratorium have been declared either by the United States or New York State authorities, nor shall there have occurred any material outbreak or escalation of hostilities or other national or international calamity or crisis of such magnitude in its effect on, or any material adverse change in any financial market which, in each case, in the judgment of such Purchaser, makes it impracticable or inadvisable to purchase the Securities to be issued as of the Closing.

  • Covenant Suspension During any period of time (a “Suspension Period”) that (i) the ratings assigned to the Securities by both of the Rating Agencies are Investment Grade Ratings and (ii) no Default or Event of Default has occurred and is continuing, Parent and the Restricted Subsidiaries will not be subject to the covenants set forth in Sections 1010, 1011, 1012, 1013, 1015(i)(a), 1016, 1017 (other than the first two sentences thereof), 1018, 801(3) and (4), 803(3) and (4) and clause (b) of the first sentence of Section 1019 (collectively, the “Suspended Covenants”). In the event that Parent and the Restricted Subsidiaries are not subject to the Suspended Covenants for any period of time as a result of the preceding sentence and, on any subsequent date (the “Reversion Date”), one or both of the Rating Agencies withdraws its ratings or downgrades the ratings assigned to the Securities below the required Investment Grade Ratings or a Default or Event of Default occurs and is continuing, then Parent and the Restricted Subsidiaries will thereafter again be subject to the Suspended Covenants and calculations of the amount available to be made as Restricted Payments under Section 1012 will be made as though Section 1012 had been in effect during the entire period of time from the Measurement Date. On the Reversion Date, all Debt Incurred during the Suspension Period will be classified to have been Incurred pursuant to paragraph (a) of Section 1010 or one of the clauses set forth in paragraph (b) of Section 1010 or paragraph (a) of Section 1011 or one of the clauses set forth in paragraph (b) of Section 1011 (in each case to the extent such Debt would be permitted to be Incurred thereunder as of the Reversion Date and after giving effect to Debt Incurred prior to the Suspension Period and outstanding on the Reversion Date). To the extent such Debt would not be permitted to be Incurred pursuant to paragraph (a) of Section 1010 or one of the clauses set forth in paragraph (b) of Section 1010 or paragraph (a) of Section 1011 or one of the clauses set forth in paragraph (b) of Section 1011, such Debt will be deemed to have been outstanding on the Measurement Date, so that it is classified as permitted under Section 1010(b)(v) or Section 1011(b)(iii). If the Incurrence of any Debt by a Restricted Subsidiary during the Suspension Period would have been prohibited or conditioned upon such Restricted Subsidiary entering into a Note Guarantee and an Offering Proceeds Note Guarantee had Section 1010 and Section 1011 been in effect at the time of such Incurrence, such Restricted Subsidiary shall enter into a Note Guarantee and an Offering Proceeds Note Guarantee that are senior to or pari passu with such Debt within ten days after the Reversion Date. For purposes of determining compliance with Section 1016 on the Reversion Date, the Net Available Proceeds from all Asset Sales not applied in accordance with the covenant will be deemed to be reset to zero. Notwithstanding the foregoing, neither (a) the continued existence, after the date of such withdrawal or downgrade, of facts and circumstances or obligations that were Incurred or otherwise came into existence during a Suspension Period nor (b) the performance of any such obligations, shall constitute a breach of any covenant set forth in the Indenture or cause a Default or Event of Default thereunder; provided, however, that (1) Parent and its Restricted Subsidiaries did not Incur or otherwise cause such facts and circumstances or obligations to exist in anticipation of a withdrawal or downgrade below investment grade, (2) Parent reasonably believed that such Incurrence or actions would not result in such a withdrawal or downgrade and (3) if so required each Restricted Subsidiary shall have entered into a Note Guarantee and an Offering Proceeds Note Guarantee within the specified time period. For purposes of clauses (1) and (2) in the preceding sentence, anticipation and reasonable belief may be determined by Parent and shall be conclusively evidenced by a board resolution to such effect adopted in good faith by the Board of Directors of Parent. In reaching their determination, the Board of Directors of Parent may, but need not, consult with the Rating Agencies.

  • Suspension of Services We have the right to suspend the benefit of any Credit Union service at any time for reasonable cause. At Our discretion, We also have the right to pay any share draft presented for payment from Your Account after Your Account is closed or suspended and to recover such amount paid from You. Account services are available to those members in good standing with the Credit Union. We reserve the right to cancel or suspend services to a member who is not in good standing, which includes members that have: (a) a delinquent loan; (b) a primary Share Account balance below the $25.00 minimum; (c) an unresolved deposited returned check; (d) any unpaid and uncollected fees; or (e) a negative balance on an Account. ASSIGNABILITY. You may not assign or transfer any interest in Your Account.

  • Amendment, Suspension or Termination of the Plan By accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

  • Suspension Period Notwithstanding any other provision of this Section 2, the Company shall have the right, but not the obligation, to defer the filing of (but not the preparation of), or suspend the use by the Holder of, any Registration Statement for a period of up to sixty (60) days (unless a longer period is consented to by the Holder) (i) upon issuance by the Commission of a stop order suspending the effectiveness of such Registration Statement with respect to Registrable Securities or the initiation of proceedings with respect to such Registration Statement under Section 9(d) or 8(e) of the Securities Act; (ii) if the Company believes in good faith that any such registration or offering would require the Company (after consultation with external legal counsel), under applicable securities laws and other laws, to make disclosure of material nonpublic information that would not otherwise be required to be disclosed at that time and the Company believes in good faith that such disclosures at that time would not be in the Company’s best interests; provided that this exception (ii) shall continue to apply only during the time that such material nonpublic information has not been disclosed and remains material; (iii) if the Company elects at such time to offer Company Common Stock or other equity securities of the Company to (x) fund a merger, third-party tender offer or other business combination, acquisition of assets or similar transaction or (y) meet rating agency and other capital funding requirements; or (iv) if the Company is pursuing a primary underwritten offering of Company Common Stock pursuant to a registration statement (any such period, a “Suspension Period”); provided, that in no event shall the Company declare a Suspension Period more than three times in any twelve (12) month period. The Company shall (i) give prompt written notice to the Holder of its declaration of a Suspension Period and of the expiration or termination of the relevant Suspension Period and (ii) promptly resume the process of filing or requesting for effectiveness, or update the suspended Registration Statement, as the case may be, as may be necessary to permit the Holder to offer and sell its Registrable Securities in accordance with applicable law.

  • Amendments, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee. Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended, except by an agreement, in writing, signed by both the Partnership and the Participant.

Time is Money Join Law Insider Premium to draft better contracts faster.