INTERDEPENDENCY BETWEEN AGREEMENTS Sample Clauses

The Interdependency Between Agreements clause establishes that the rights and obligations of the parties under one agreement are directly linked to those in another related agreement. In practice, this means that the performance, breach, or termination of one contract may affect the status or enforceability of another, such as when a supply agreement and a service agreement are executed as part of a larger transaction. This clause ensures that the parties treat the agreements as a unified package, thereby preventing situations where one party could benefit from one contract while disregarding its responsibilities under another, ultimately promoting fairness and consistency across interconnected deals.
INTERDEPENDENCY BETWEEN AGREEMENTS. For the avoidance of doubt the parties acknowledge and agree: (a) the Buyer shall not be obliged to complete this agreement if the Company fails to complete under, or is otherwise in breach of, the Asset Sale Agreement immediately before Completion; and (b) that once Completion under this agreement and the Asset Sale Agreement have occurred, as a chronological sequence of events, all deliveries and payments will be deemed to have taken place in the order in which they occurred.
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Related to INTERDEPENDENCY BETWEEN AGREEMENTS

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

  • Disputes between a Contracting Party and an Investor (1) Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. (2) If any dispute between an investor of one Contracting Party and the other Contracting Party continues to exist after a period of three months, investor shall be entitled to submit the case either to: (a) The International Centre for Settlement of Investment Disputes having regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, or in case both Contracting Parties have not become parties to this Convention, (b) An arbitrator or international ad hoc arb1 tral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law. The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.Arbitration Rules of the United Nations Commission on International Trade Law. The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

  • Complete Understanding The terms and conditions set forth in this Agreement represent the full and complete understanding between the parties. The terms and conditions may be modified only through the written mutual consent of the parties.

  • RELATIONSHIP BETWEEN THE PARTIES A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • Entire Agreement; No Oral Modification This Agreement contains the entire agreement among the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings with respect thereto and may not be amended or modified except in a writing signed by both of the parties hereto.