IT IS AGREED AND UNDERSTOOD Sample Clauses

IT IS AGREED AND UNDERSTOOD. 1. that such transfer of days shall be for acute and immediate need pertaining to the employee’s illness or injury (i.e. not for illness or injury of a relative) and shall not be authorized for follow- up matters pertaining to the emergency or for long-term consequences of the emergency situation. Days that are transferred shall be used immediately following the last accrued paid sick leave day the employee otherwise would have (i.e. there may be no unpaid leave between the employee’s last paid sick leave and utilization of the transferred days).
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IT IS AGREED AND UNDERSTOOD that this Full and Final Mutual Release shall operate conclusively as an estoppel in the event of any claim, action, complaint or proceeding which might be brought in the future by the Parties with respect to the subject matters covered by this Full and Final Mutual Release. This Full and Final Mutual Release may be pleaded in the event any such claim, action, complaint or proceeding is brought, as a complete defence and reply, and may be relied upon in any proceeding to dismiss the claim, action, complaint or proceeding on a summary basis and no objection will be raised by the Parties in any subsequent action that the other Parties in the subsequent action were not privy to formation of this Full and Final Mutual Release. THE PARTIES REPRESENT AND WARRANT that they have not assigned to any person, firm or corporation any of the actions, causes of action, claims, debts, suits or demands of any nature or kind which they have released by this Full and Final Mutual Release.
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IT IS AGREED AND UNDERSTOOD that the parties to this agreement are independent contractors and that neither is the employee or the employer of the other and that the employees of one are not the employees of the other.
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Related to IT IS AGREED AND UNDERSTOOD

  • NOW THEREFORE, IT IS AGREED 1.1 Transnet hereby appoints the Service Provider to provide, and Transnet undertakes to accept the supply of Goods / provision of Services provided for herein, as formally agreed between the Parties and in accordance with the Schedule of Requirements / Work Orders issued as a schedule to this Agreement; and

  • IT IS AGREED (a) That neither of us shall withhold placing customers' orders for shares so as to profit as a result of such withholding.

  • NOW IT IS HEREBY AGREED as follows:

  • NOW THEREFORE IT IS AGREED AS FOLLOWS 1 Notwithstanding any of the terms and conditions of employment set out in the said Collective Agreement, if representatives of the Coordinating Committee of registered employers' organizations and of the Alberta and Northwest Territories (District of Mackenzie) Building and Construction Trades Council agree on different terms and conditions of employment for any job or project, those special terms and conditions of employment shall prevail over any counterpart terms and conditions of employment set out in the Collective Agreement for the duration of the job or project for which they were agreed.

  • Representations and Undertakings 2.1. The Trust represents to the Distributor that all registration statements filed by the Trust with the SEC under the 1933 Act, with respect to Shares have been prepared in conformity with the requirements of the 1933 Act and rules and regulations of the SEC thereunder.

  • NOW IT IS HEREBY AGREED AS FOLLOWS 1. Words and expressions defined in the Principal Agreement when used in this Agreement have, unless the context otherwise requires, the same meanings as in the Principal Agreement and the provisions of clause 2 of the Principal Agreement as to the interpretation thereof shall apply to this Agreement.

  • WARRANTIES, REPRESENTATIONS AND UNDERTAKINGS 6.1. The Supplier warrants, represents and undertakes to the Authority and to each of the Other Contracting Bodies for the duration of the Framework Period that:

  • WARRANTIES AND UNDERTAKINGS 18.1 Each Party warrants to the other Party that:

  • Assessment and Understanding It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

  • Evaluation and Understanding It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of this Agreement and each Transaction hereunder. It is also capable of assuming, and assumes, all financial and other risks of this Agreement and each Transaction hereunder.

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