Impediment Clause Samples
The IMPEDIMENT clause defines the procedures and responsibilities when unforeseen obstacles or circumstances prevent a party from fulfilling its contractual obligations. Typically, this clause requires the affected party to promptly notify the other party of the impediment, provide relevant details, and outline any steps being taken to mitigate its effects. Its core practical function is to address situations such as force majeure events or other disruptions, ensuring that both parties understand their rights and obligations when performance becomes impossible or impracticable due to factors beyond their control.
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Impediment. A. Employee hereby represents, warrants and agrees that his execution and delivery of this Agreement and performance of his duties and obligations hereunder will not violate the provisions of any employment, trade secret, patent, non-competition or other agreements, oral or written, court order or instrument to which Employee is a party or is bound, or result in a breach of or constitute a default under any of the same.
B. Employee hereby agrees to comply promptly with any reasonable requests made from time to time by the Board of Directors or President of Employer for full disclosure of any agreements, court orders or instruments described in subparagraph A above and any other business activities engaged in by Employee during the term of his employment hereunder, involving any agreements made by Employee concerning any agreements made from the date of this agreement until its expiration. Employee affirms that he is not aware of any previous agreements which would contradict the terms of this contract.
Impediment. If the Employee is impeded from carrying out his work, he is obligated to notify or arrange for third parties to notify, the Employer thereof, stating the reasons, as soon as possible, preferably at least 1 hour before the beginning of his working time unless he is hindered due to force majeure, without prejudice to the provisions on occupational disability or any sickness absence rules.
Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Lender would make it illegal for such Lender to make the Term Loans to be funded by it on the Closing Date.
Impediment. 1 In case the Participant is impeded to follow the Course, he will be entitled to transfer, free of charge, his participation rights to a suitable substitute with the obligation to inform University as soon as possible.
Impediment. You are responsible for notifying SDL immediately if you become aware of an impending event that may negatively affect the Software or Service.
Impediment. Subject to the fulfilment of the conditions precedent set out below in clause 5, there is no legal, contractual or other impediment to the Company and the Shareholders entering into this Agreement and performing their obligations thereunder.