Effect of Continuing Restrictive Conditions Clause Samples

The "Effect of Continuing Restrictive Conditions" clause defines the consequences and obligations that persist when certain restrictive conditions, such as non-compete or confidentiality requirements, remain in effect after the main agreement ends. Typically, this clause clarifies which specific restrictions continue to bind the parties, for how long, and under what circumstances, such as prohibiting the use of proprietary information or restricting certain business activities post-termination. Its core practical function is to ensure that critical protections or limitations survive the end of the contract, thereby safeguarding sensitive interests and preventing circumvention of key restrictions.
Effect of Continuing Restrictive Conditions. In this Policy, any term that imposes a Continuing Restrictive Condition, including one that is intended to reduce the risk of a particular type of loss, or reduce the risk of loss occurring at a particular time or in a particular location, shall be treated as a suspensive condition. This means that if: (a) you breach any such term; and (b) during the period of breach you suffer a relevant loss; and (c) such breach increased, in the circumstances concerned, the risk of the loss suffered by you, we will have no liability for the loss. A Continuing Restrictive Condition is any condition in this Policy, however expressed, that purports to require you to do, or not to do, a particular act or acts, or requires you to act, or not to act, in a particular manner (and any condition the effect of which is that a given set of circumstances is required to exist or to be maintained or not to exist shall be taken as falling within this definition).
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Effect of Continuing Restrictive Conditions. In this Policy, any term that imposes a Continuing Restrictive Condition, including one that is intended to reduce the risk of a particular type of loss, or reduce the risk of loss occurring at a particular time or in a particular location, shall be treated as a suspensive condition. This means that if: (a) you breach any such term; and (b) during the period of breach you suffer a relevant loss; and
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Related to Effect of Continuing Restrictive Conditions

  • Certain Conditions to Assignments Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Lender or an Affiliate of a Lender or an assignment of the entire remaining amount of the assigning ▇▇▇▇▇▇’s Commitment or Loans and LC Exposure of a Class, the amount of the Commitment or Loans and LC Exposure of such Class of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than U.S. $5,000,000 unless each of the Borrower and the Administrative Agent otherwise consent; (B) each partial assignment of any Class of Commitments or Loans and LC Exposure shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement in respect of such Class of Commitments, Loans and LC Exposure; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of U.S. $3,500 (which fee shall not be payable in connection with an assignment to a Lender or to an Affiliate of a Lender) (for which no Obligor shall be obligated); and (D) the assignee, if it shall not already be a Lender of the applicable Class, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • Termination Conditions This Agreement terminates upon the earlier of any of the following events: a.

  • GUARANTEE CONDITIONS 4.1 The performance certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Standard Specification. 4.2 For the determination of JAR take-off and landing performance a hard dry level runway surface with no runway strength limitations, no line-up allowances, no obstacles, zero wind, atmosphere according to ISA, except as otherwise noted, and the use of speed brakes, flaps, landing gear and engines in the conditions liable to provide the best results will be assumed. 4.2.1 When establishing take-off and second segment performance no air will be bled from the engines for cabin air conditioning or anti-icing.

  • Burdensome Condition No Requisite Regulatory Approval contains, shall have resulted in or would reasonably be expected to result in, the imposition of a Burdensome Condition.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following: