EME Clause Samples
The EME (Entire Market Exclusion) clause serves to exclude certain products, services, or transactions from the scope of an agreement based on their involvement in a specific market or regulatory environment. In practice, this clause might be used in financial or commercial contracts to ensure that if a particular market becomes subject to new regulations, restrictions, or prohibitions, the affected transactions are automatically excluded from the agreement’s obligations. The core function of the EME clause is to protect parties from unforeseen legal or regulatory changes in specific markets, thereby reducing risk and ensuring compliance.
EME. The Company has the exclusive right and responsibility to manage its operations in respects and in accordance with its commitments and responsibilities to the public, to its customers and shareholders, to conduct its business efficiently and to direct the working forces and, without limiting the generality of the foregoing, it has the right to hire, promote, transfer, demote or lay-off employees, and to suspend, discharge or otherwise discipline employees. The Company agrees that any exercise of these rights shall not contravene the provisions of this Agreement.
EME. The authorized capital of EME in the aggregate nominal amount of DM 3,000,000 consists exclusively of four shares as follows: one share in the nominal amount of DM 1,400,000, one share in the nominal amount of DM 1,200,000 and two shares each in the nominal amount of DM 200,000, all of which are issued and outstanding. Seller owns all such outstanding capital stock of EME.
EME. Homer City is a member of an affiliated group of companies that includes the Pledgor. The Pledgor will derive substantial direct and indirect benefit from the sale-leaseback transaction.
EME. Homer City hereby unconditionally and irrevocably assumes all obligations of Holdings under the Indenture and the Bonds. Holdings is released from its obligations under the Indenture and the Bonds.
EME. Entry of Judgment against EFTI in favor of Turner Industries in the approximate amount of $40,000.00.